Ingrassia named AME at New York Times

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Larry Ingrassia, the business editor at The New York Times until the end of last year, has been named the paper’s assistant managing editor for new initiatives.

In an email to the staff, executive editor Jill Abramson writes, “In this role he will spearhead our many new ventures and revenue projects. There are several already in the works, including our expansion of international coverage.”

Christine Haughney of the Times has the full memo here.

Ingrassia joined The Times in 2004 after 25 years at The Wall Street Journal, where he worked as a reporter and held several editing positions, including assistant managing editor. He oversaw The Times’s coverage of the economic crisis that was a finalist for the Pulitzer Prize for public service in 2009.

Ingrassia was named the winner of the 2009 Minard Editor Award, honoring excellence in business and economic journalism editing, one of the annual Gerald Loeb Awards for distinguished financial journalism.