• Source: Dev Pragad

Dev Pragad (born 1984) is the British-American president and CEO of Newsweek. He is also co-owner of Newsweek acquiring a half-interest in 2018. Under his tenure, Newsweek returned to profitability and reaches 100 million readers a month.




Early life and education


Pragad was born in India, grew up in the United Kingdom, and graduated from King's College London with a Bachelor of Engineering in computer science/electronics and a Ph.D in Electrical Engineering. He relocated to New York and became an American citizen, with dual citizenship in the UK. He also completed the Owner/President Management program, an Alumni granting 2 year executive education program of Harvard Business School.




Career


Prior to becoming CEO of Newsweek, Pragad managed its international edition from London in 2014. In 2018, Newsweek was spun off as a standalone company, Newsweek Publishing LLC, from IBT Media with Pragad and Johnathan Davis each owning 50% of that company.
Pragad was the subject of a Harvard Business School case study published in 2021. The case study focuses on the Newsweek digital transformation through the use of data collection and performance measurements to grow the publication's readers and revenue. Pragad is credited with turning around Newsweek, restoring it to profitability as a business.
Under Pragad's leadership, Newsweek secured interviews with heads of state, including Prime Minister Narendra Modi of India and Prime Minister Fumio Kishida of Japan. In April 2024, Newsweek magazine published a cover story on Modi, following an interview conducted by Newsweek along with global editor in chief Nancy Cooper at Modi's residence in New Delhi. Pragad launched Newsweek Rankings, which has become the fastest-growing part of the business. Rankings include the World's Best Hospitals, Auto Disruptor Awards, and other corporate and employer rankings.
In November 2024 an interview with Pragad, South Korean President Yoon Suk Yeol discussed the interplay between foreign policy and domestic reform, describing them as “two sides of the same coin.” Conducted in Seoul and also involving Newsweek editors Nancy Cooper and Matthew Tostevin, the conversation explored pressing issues, including North Korea’s nuclear threat and Yoon’s efforts to address structural challenges in South Korea. Yoon emphasized his administration’s commitment to a robust defense posture while advancing economic reforms to enhance competitiveness.




Other roles and honors


Pragad is a member of the advisory board of the King's Trust USA. He is an honorary fellow of King's College London and a member of the King's College London Impact Leaders Board,




References






External links


"Newsweek Media Group Splits Into Two Companies". Newsweek. October 10, 2018.

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