Latest Newsletter🍵 No progress seen from Biden AAPI billRead


Daisy Veerasingham becomes first woman and POC president to lead the Associated Press

    Asian America Daily - in under 5 minutes

    Get our collection of Asian America's most essential stories, to your inbox daily, for free!

    Unsure? Check out our Newsletter Archive

    The Associated Press has named Daisy Veerasingham to succeed retiring AP President Gary Pruitt in January, making her the first person of color, woman and international citizen to hold the position in the media company’s 175-year history.

    Big promotion: Veerasingham, 51, received her second promotion this year during an AP board of directors meeting last week, according to The Economic Times.

    • Steven R. Swartz, chairman of the AP Board of Directors and president and CEO of Hearst, calls Veerasingham a “proven leader with a deep understanding of how AP operates and a clear vision for the future.”
    • “She appreciates the crucial role AP plays in providing journalism and services that are indispensable to the news industry,” Swartz added in the statement AP published last week.
    • “I am thrilled to take the helm of this deeply respected news organization and work with colleagues who do extraordinary work every day in support of our mission,” Veerasingham said in the statement. “Gary has been a true champion of mine along the way, and I sincerely appreciate his support.”
    • Veerasingham is expected to continue to diversify the publication’s income sources, where 40% of its revenue is now generated internationally.
    • She expressed her determination to maintain the AP as a fact-based news source to fight for the freedom of the press.
    • “These are values that are core to the AP since its founding 175 years ago,” Veerasingham said. “I think that they are actually more important today.”

    About her: Veerasingham is a first-generation British national of Sri Lankan descent with a law degree.

    • Before working for AP, Veerasingham worked as group sales and marketing director at LexisNexis and was appointed in sales and marketing roles at Financial Times.
    • Veerasingham started at AP as a sales director for AP Television News in London in 2004. The company eventually promoted her to vice president of sales for Europe, the Middle East, Africa, Asia and Australia. She also led the company’s expansion efforts.
    • She was promoted to senior vice president for international revenue and later as senior vice president and chief revenue officer in 2019.
    • AP appointed her as executive vice president and chief operating officer in February 2021.

    Featured Image via PrimeFocusIndia

    Support our Journalism with a Contribution

    Many people might not know this, but despite our large and loyal following which we are immensely grateful for, NextShark is still a small bootstrapped startup that runs on no outside funding or loans.

    Everything you see today is built on the backs of warriors who have sacrificed opportunities to help give Asians all over the world a bigger voice.

    However, we still face many trials and tribulations in our industry, from figuring out the most sustainable business model for independent media companies to facing the current COVID-19 pandemic decimating advertising revenues across the board.

    We hope you consider making a contribution so we can continue to provide you with quality content that informs, educates and inspires the Asian community. Even a $1 contribution goes a long way.  Thank you for everyone's support. We love you all and can't appreciate you guys enough.

    Support NextShark

    Mastercard, Visa, Amex, Discover, Paypal