The editor of the Daily Mail, Geordie Greig, has been ousted after three years in a move that paves the way for a merger with its Sunday sister title and a greater focus on digital journalism.
Mr Greig is to be replaced by Ted Verity, currently editor of the Mail on Sunday, who will take a new job as editor of Mail Newspapers that puts him in control of both titles.
The papers’ parent company DMGT has also promoted a senior executive from its website, Mailonline.
The changes come ahead of a round of job cuts following an £850m bid by its controlling shareholder and chairman Lord Rothermere to take the company private.
DMGT revealed at the beginning of the month that it was preparing to make redundancies to counter the highest newsprint costs for a quarter of a century.
Mr Greig’s departure comes after a raft of other executive changes that have consolidated power around Martin Clarke, the publisher of DMGT’s consumer arm DMG Media, who has overseen the growth of MailOnline into a global news giant since 2006.
Paul Dacre – a staunch opponent of cost-cutting – left his position as chairman and editor-in-chief of DMGT subsidiary Associated Newspapers earlier this month, bringing to an end a 42-year tenure with the company including more than a quarter of a century as the Daily Mail’s editor.
Meanwhile, company veteran Kevin Beatty has stood down as chief executive of DMG Media and is being replaced by Richard Caccappolo, previously the chief operating officer of Mailonline.
Mr Greig, who is understood to have been surprised by the decision, said he was grateful to Lord Rothermere for “ten extraordinary years” at the publisher.
He said: “I look forward to new opportunities ahead and will bring the best of what I learnt from my years at the Mail on which I first joined in 1983 as its most junior reporter on the graveyard shift.”
Lord Rothermere thanked Mr Greig for his decade with the company, including seven years as editor of the Mail on Sunday.
Mr Greig’s tenure was characterised by a less aggressive approach than the Mail became known for under Mr Dacre.