Financial Times chief commercial officer Jon Slade has been named as the next CEO of the business, to succeed John Ridding.

Slade, who has been with the FT for more than 20 years, will take up the CEO role on 1 July.

He said: “I am incredibly proud to become CEO of the FT, a dynamic and iconic brand that has evolved over 137 years, but never lost sight of its mission to bring robust, independent journalism to an international audience.