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"I've arrived at that magical spot where a buyout offer miraculously appears and presents me with new opportunities," Geddes wrote in a note to the Times' staff. "...After serving four executive editors, it is time for new horizons."
Geddes, who has been a managing editor for a decade, becomes the highest-ranking Times journalist to depart the paper during the Times' latest round of restructuring. In December, editor Jill Abramson announced that she was seeking to cut the newsroom by 30 positions to reduce expenses. Recently, reports have suggested that Abramson has been "begging" top editors to leave the paper or take new positions so that she can rejigger its masthead. So far, culture editor Jonathan Landman has taken a buyout; assistant managing editors Glenn Kramon and Rick Berke have been reassigned; and a handful of reporters have departed.
Geddes' departure leaves Dean Baquet as the paper's sole managing editor.
Source: Huffington Post | Jack Mirkinson