Jacob Smilovitz, director of mergers and acquisitions and investments for media company The New York Times Company, was promoted to executive director of corporate development and financial planning and analysis (FP&A) last month.
Smilovitz has held a range of strategy and development posts at New York Times since he joined in 2014, and was promoted to director of M&A and investments in February 2017 after overseeing its $30m acquisition of product review platform The Wirecutter in late 2016.
In his new role, Smilovitz will manage the company’s corporate venturing investments and merger and acquisition deals. He will also sit on the corporate-level FP&A team, managing New York Times’ yearly budget, three-year strategic plans and financial planning.
New York Times participated in financing rounds for online publisher Scroll and daily motivational message provider Shine in 2018.
Prior to joining New York Times, Smilovitz had spent three years at digital advertising agency Rosetta, initially as an account executive before shifting to various consultant positions.
Photo of Jacob Smilovitz courtesy of Twitter.