To everyoneвЂ™s surprise, one of the most famously conservative news organizations in the US ended up making the most progress. And because we had this shared ambition for change, it became possible. The board and the family have been stalwart supporters of everything IвЂ™ve tried to do at the Times Company, and IвЂ™m incredibly grateful to them. We will back radical change.вЂќ And so, in the end, I made a personal, human assessment of the people IвЂ™d met, and I trusted them.

I met the board, and I met key family members, and they said, вЂњWeвЂ™ve got to a point where we know we need fundamental change. Video (1:57) Joining the New York Times Company A shared ambition for change Joining the New York Times Company In a wide-ranging conversation with McKinsey senior partner Yael Taqqu and McKinsey PublishingвЂ™s Raju Narisetti over three days in July, Thompson looked back at his tenure and the still unfolding transformation of the Times-and why some of the ambitious targets he set in 2019 seem modest compared with the opportunity вЂњto become one of the tiny handful of trusted independent sources of news in the world.вЂќ Condensed and edited excerpts from their conversation follow. The world needs Times journalism now more than ever.вЂќ вЂњThereвЂ™s nothing that makes me more proud than the fact that our newsroom is substantially larger today than when I joined. вЂњIвЂ™ve chosen this moment to step down because we have achieved everything I set out to do when I joined the Times Company eight years ago-and because I know that, in Meredith, I have an outstanding successor who is ready to lead the company on to its next chapter,вЂќ Thompson said, as part of the transition announcement. Video (1:13) On successor Meredith Kopit Levien

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