Rashbass to take on lead role at The Economist

LONDON - The Economist publisher and managing director Andrew Rashbass will take over from Helen Alexander (pictured) as group chief executive when Alexander steps down from her role in July.

Rashbass has held his current role for the past three years, having previously worked as MD of Economist.com.

Following the transition, Alexander will retain her position as non-executive director of Centrica plc and Rolls-Royce group plc and will act as adviser to private equity firm Bain Capital.

Alexander, who has been chief executive of The Economist Group since 1997, commented that she was pleased to be leaving at a time when the company was “in better shape than ever”, and that it was “the right time to move on”.