Business Insider global editor-in-chief Carlson to step down

Business Insider's global editor-in-chief Nicholas Carlson will step down from his role at the digital news website later this summer, he said in a post on social media firm X on Tuesday.

Carlson, who has been in the role since 2017, has spent more than 15 years at the news website, which is owned by German publishing giant Axel Springer SE.

"My move has nothing to do with any criticism of our journalism," Carlson said in the memo that he also shared on LinkedIn.

Carlson would, however, stay with the news website as editor-at-large after a new editor-in-chief joins.

"I will write a bit for the site. I'm also excited to work with our parent company Axel Springer on some upcoming projects," Carlson added in the memo.

In the longer run, Carlson said he is looking forward to creating something new. "Maybe another company. Maybe another book. Maybe something I haven't even dreamt of yet."

Axel Springer SE had acquired a majority stake in Insider in 2015 and retired the 'Business Insider' name in 2021 as it looked to expand coverage.

However, the company reversed the move when co-founder Henry Blodget stepped down as the CEO of the publication in November last year.

Business Insider began in 2007 as "Silicon Alley Insider," focusing on startups and technology. It later expanded to cover finance, markets, and other industries.