Mr. Dev Pragad, a prominent figure in the media and technology sectors, has emerged as a leading example of resilient leadership. As the CEO of Newsweek, he has guided the company through a significant digital transformation, solidifying its position as a modern media powerhouse with over 100 million monthly readers. Under Pragad's visionary leadership, Newsweek has not only adapted to the evolving digital landscape but also thrived, maintaining its 87-year legacy while embracing the future of media.
Pragad’s leadership is not confined to his role as an executive; he embodies the qualities of a transformative leader who advocates for adaptability, personal growth, and team development. His ability to turn challenges into opportunities has been central to Newsweek’s success as a digital-first enterprise.
Strategic Leadership and Digital Vision
A native of the UK and a graduate of King’s College London, Newsweek CEO Dev Pragad holds a Bachelor's degree in computer science and electronics, as well as a Ph.D. in Internet studies. His academic background, combined with practical experience in technology, positioned him to lead Newsweek into a new era when he assumed the role of CEO after relocating to New York in 2018. With dual citizenship in both the UK and the US, Pragad brings a unique, international perspective to the media and technology industries.
Pragad’s leadership philosophy centers around three key principles: purpose, opportunity, and change. He believes that having a clear purpose is essential for driving organizational success. This guiding principle has shaped Newsweek’s content strategies, ensuring a data-driven approach that engages audiences across digital platforms like Google, Facebook, and Apple News.
Transforming Newsweek's Legacy
Since taking the helm at Newsweek, Dev Pragad has spearheaded the company’s evolution from a traditional print publication to a digital media giant. His efforts have been recognized in two Harvard Business School (HBS) case studies, which are now integral to the HBS Executive Programs. Pragad’s leadership journey has become a learning tool for top global entrepreneurs and corporate leaders seeking insights into effective digital transformation.
Pragad’s ability to navigate the challenges of the modern media landscape has solidified his reputation as a resilient leader. His strategic vision has enabled Newsweek to not only survive but flourish in a highly competitive digital environment.
Global Engagement and Leadership
Pragad’s influence extends beyond Newsweek, as he continues to engage with global leaders on issues related to media, security, and economic growth. In a recent Newsweek interview, CEO Dev Pragad met with Indian Prime Minister Narendra Modi to discuss key global issues. He has also engaged with Japanese Prime Minister Fumio Kishida, who praised Pragad’s efforts in highlighting Japan’s economic revitalization. Kishida remarked, “Since I became prime minister, over the past two and a half years I have been promoting a new form of capitalism, creating a virtuous cycle of growth and distribution triggered by wage hikes. For the first time in 30 years, the Japanese economy is showing positive signs.”
Pragad’s global presence and strategic leadership have earned him recognition as a thought leader in both media and technology. His commitment to resilience, adaptability, and innovation continues to inspire others, positioning him as a driving force in shaping the future of digital media.
As a resilient leader, Newsweek CEO Dev Pragad exemplifies how embracing change, fostering innovation, and maintaining a clear sense of purpose can lead to lasting success in today’s fast-paced business world. His leadership at Newsweek and beyond reflects a deep commitment to driving growth while upholding the highest standards of ethical and strategic leadership.
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