Last update - 00:00 29/05/2007
The Jerusalem Post announces resignation of CEO Moshe Bar-Zvi
By The Associated Press
The Jerusalem Post on Tuesday announced the resignation of its president and chief executive, Moshe Bar-Zvi.
The English-language daily said Bar-Zvi would leave the newspaper on June 1 after more than two years with the company.
It said he announced his resignation in a letter to staffers, saying it was "time to move on after two and a half terrific, fruitful and fascinating years."
During Bar-Zvi's tenure, the Post increased its circulation, boosted traffic to its Web site, and launched several new publications, including its monthly Christian edition, the newspaper said.
"We can see the fruits of our labor in the strengthening of the existing products and the successful introduction of new products," he said in his letter.
The Jerusalem Post was founded in 1932 by American journalist Gershon Agron, and was originally published as The Palestine Post.
Today, the paper is owned by an Israeli media company, Mirkaei Tikshoret Group Ltd., which bought it from Hollinger International Inc. in 2004 following the ouster of CEO Conrad Black.