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Managing editor Dean Baquet, executive editor Jill Abramson, center, and outgoing executive Bill Keller, pose for a photo at the newspaper’s New York office. Image Credit: AP

New York: The New York Times on Wednesday announced that executive editor Jill Abramson is being replaced by managing editor Dean Baquet after two-and-a-half years on the job. The company didn’t give a reason for the change. Abramson and Baquet had both been in their current positions since September 2011. Baquet, 57, who would be the first African-American to hold the newspaper’s highest editorial position, received a Pulitzer Prize for investigative reporting in 1988. In its most recent quarter, the Times Co saw overall advertising revenue rise for the first time in three years, jumping 3 per cent to $158.7 million (Dh582 million). The company’s print and digital advertising rose compared with the same period a year ago.