New York Times Company names new CFO

The New York Times Company has announced that Roland A. Caputo has been named chief financial officer. He will report to the company's chief executive officer, Mark Thompson.

Caputo, a 32-year veteran of the company, has been executive vice president of The Times' Print Products and Services Group since March 2013. In addition, he has been the company's interim CFO since March 1 of this year.

"We interviewed a number of extremely qualified candidates for this role, both inside and outside of our organization," said Thompson. "What set Roland apart is the perfect combination of skills and experiences. He is one of our finest and most trusted executives, completely dedicated to operational excellence. He's a strategist who has been very involved in helping to shape the current strategic direction of the organization. And, he has broad and deep financial experience, having previously served as CFO of The New York Times Media Group. I'm really delighted that we will have him in this very key role moving forward."

The Print Products and Services Group was formed in 2013 and under Caputo's leadership, there has been a renewed spirit of innovation with a focus on profitability in the company's print operations, which remain critically important to The Times' success. He will continue to oversee this group as CFO.

Caputo began his career as a financial analyst at Gimbels, the department store. He joined The Times in 1986 and has served in a series of key financial and strategic roles in various parts of the organization. Prior to his current role, Caputo was senior vice president and chief financial officer for The New York Times Media Group where he was responsible for the financial functions at The New York Times, NYTimes.com and The International Herald Tribune. In prior roles, he oversaw all of The Times' circulation business, production, distribution and labor relations.

He received a B.A. in economics, magna cum laude, from the State University of New York at Oneonta and an M.B.A. in finance and applied economics from the University of Rochester. Caputo succeeds Jim Follo, who retired from The Times Company in February.