{{Short description|President and CEO of Newsweek (born 1984)}} {{pp-sock|small=yes}} {{Use mdy dates|date=September 2024}} {{Infobox person | name = Dev Pragad | image = | caption = | birth_name = | birth_date = {{birth based on age as of date |37|2022|04|04}}<ref name="Management Today" /> | birth_place = India | nationality = | citizenship = British<br /> American | education = King's College London<br />Harvard Business School<ref name="exed.hbs.edu" /> | occupation = Businessman | known_for = CEO and co-owner of ''Newsweek'' | title = President and CEO of ''Newsweek'' | term = | predecessor = | successor = | boards = King's Trust USA, King's College London Impact Leaders<ref name="kclimpactboard">{{cite web |title=King's Impact Leaders Board |url=https://www.kcl.ac.uk/impact/kings-impact-leaders-board |publisher=King's College London |access-date=2024-07-25 |date=2024 |location=London |language=en}}</ref> | spouse = | partner = | children = | parents = | relatives = | website = {{URL|devpragad.com}} }}
'''Dev Pragad''' (born 1984) is the British-American president and CEO of ''Newsweek''. He is also co-owner of ''Newsweek'', acquiring a half-interest in 2018.<ref name="Management Today">{{Cite news |last=Gale |first=Adam |date=April 5, 2022 |title=Dev Pragad: The Man Who Saved the News |work=Management Today |url=https://www.managementtoday.co.uk/dev-pragad-man-saved-news/long-reads/article/1750702}}</ref> Under his tenure, ''Newsweek'' returned to profitability and reaches 100 million readers a month.<ref name=":1">{{Cite web |title=Dev Pragad, CEO of Newsweek |url=https://www.theceomagazine.com/executive-interviews/media-publishing/dev-pragad/ |access-date=2024-01-01 |website=The CEO Magazine |language=en-US}}</ref>
== Early life and education == Pragad was born in India, grew up in the United Kingdom, and graduated from King's College London with a Bachelor of Engineering in computer science/electronics and a Ph.D in Electrical Engineering.<ref name="HBS">{{cite web |title=Benefitting from Time in a Virtual World |url=https://www.exed.hbs.edu/participant-stories/owner-president-management-dev-pragad |website=Harvard Business School |access-date=2024-04-29}}</ref> He relocated to New York and became an American citizen, with dual citizenship in the UK. He also completed the Owner/President Management program, an Alumni granting 2 year executive education program of Harvard Business School.<ref name="exed.hbs.edu">{{Cite web |title=Owner/President Management {{!}} Executive Education |url=https://www.exed.hbs.edu/owner-president-management |access-date=2024-08-21 |website=Harvard Business School |language=en-us}}</ref><ref>{{Cite web |title=Alumni Network {{!}} Executive Education |url=https://www.exed.hbs.edu/experience/alumni-network |access-date=2024-08-21 |website=Harvard Business School |language=en-us}}</ref><ref>{{Cite web |title=Leading Growth and Transformation {{!}} Executive Education |url=https://www.exed.hbs.edu/blog/owner-president-management-dev-pragad |access-date=2024-08-23 |website=Harvard Business School |language=en-us}}</ref>
== Career == Prior to becoming CEO of ''Newsweek'', Pragad managed its international edition from London in 2014.<ref>{{Cite web |title=Newsweek makes London the centre of its world |url=https://www.thedrum.com/opinion/2016/11/24/newsweek-makes-london-the-centre-its-world |access-date=2024-01-06 |website=The Drum}}</ref> In 2018, ''Newsweek'' was spun off as a standalone company, Newsweek Publishing LLC, from IBT Media with Pragad and Johnathan Davis each owning 50% of that company.<ref>{{Cite web |last=Rouhandeh |first=Alex J. |last2=Jamali |first2=Naveed |date=2023-06-29 |title=Newsweek shareholders end legal dispute, co-owner Davis leaves Olivet sect |url=https://www.newsweek.com/newsweek-shareholders-end-legal-dispute-co-owner-davis-leaves-olivet-sect-1810029 |access-date=2024-12-27 |website=Newsweek |language=en}}</ref>
Pragad was the subject of a Harvard Business School case study published in 2021.<ref>{{cite web |last1=Appelgate |first1=Lynda M. |last2=Srinivasan |first2=Surja |date=February 2022 |orig-date=October 2021 |title=Newsweek: Driving a Digital First Strategy - Case 822-052 - Faculty & Research |url=https://www.hbs.edu/faculty/Pages/item.aspx?num=61379 |website=www.hbs.edu |publisher=Harvard Business School |access-date=2024-07-25}}</ref> The case study focused on ''Newsweek'''s use of data collection and performance measurements to grow the publication's readers and revenue.<ref name="Management Today" />
Pragad launched Newsweek Rankings, which has become the fastest-growing part of the business.{{citation needed|date=June 2025}} Rankings include the World's Best Hospitals,<ref>{{Cite web |title=The top risers on Newsweek's 'World's Best Hospitals' list |url=https://www.advisory.com/daily-briefing/2023/03/13/newsweek-top-hospitals |access-date=2024-02-24 |website=www.advisory.com |language=en}}</ref><ref>{{Cite web |last=Taylor |first=Mariah |date=2023-09-14 |title=World's top specialized hospitals by specialty, per Newsweek |url=https://www.beckershospitalreview.com/rankings-and-ratings/worlds-top-specialized-hospitals-by-specialty-per-newsweek.html |access-date=2024-02-24 |website=www.beckershospitalreview.com |language=en-gb}}</ref> Auto Disruptor Awards,<ref>{{Cite web |last=Global |first=K. E. D. |title=Hyundai Motor wins Newsweek World's Greatest Auto Disruptors Awards |url=https://www.kedglobal.com/automobiles/newsView/ked202304050020 |access-date=2024-02-24 |website=KED Global |language=en}}</ref> and other corporate and employer rankings.<ref>{{Cite web |title=Newsweek Rankings |url=https://www.newsweek.com/rankings |access-date=2024-01-07 |website=www.newsweek.com}}</ref>
In November 2024 Pragad interviewed South Korean President Yoon Suk Yeol for ''Newsweek''.<ref>{{Cite web |last=Pragad |first=Dev |last2=Cooper |first2=Nancy |last3=Tostevin |first3=Matthew |date=2024-11-08 |title=South Korea's President Yoon on balancing defense and domestic reforms |url=https://www.newsweek.com/2024/11/15/south-north-korea-president-yoon-sik-yeol-interview-1979864.html |access-date=2024-11-19 |website=Newsweek |language=en}}</ref>
In January 2025, Pragad was the Guest of Honour at the 18th Pravasi Bharatiya Divas (PBD) Convention in Bhubaneswar. The event focused on the Indian diaspora's contributions to India's development.<ref>{{Cite web |title=Newsweek CEO Dev Pragad invited as Guest of Honour for 18th Pravasi Bharatiya Divas |url=https://www.tribuneindia.com/news/world/newsweek-ceo-dev-pragad-invited-as-guest-of-honour-for-18th-pravasi-bharatiya-divas/ |access-date=2025-02-11 |website=The Tribune |language=en}}</ref><ref>{{Cite web |date=2025-01-05 |title=18th Pravasi Bharatiya Divas: PM Modi to inaugurate in Bhubaneswar on Jan 9 - CNBC TV18 |url=https://www.cnbctv18.com/india/18th-pravasi-bharatiya-divas-pm-modi-to-inaugurate-in-bhubaneswar-on-jan-9-19534740.htm |access-date=2025-02-11 |website=CNBCTV18 |language=en}}</ref>
In June 2025, Newsweek, under Pragad's direction, acquired ''Adprime'', a healthcare-focused advertising technology firm.<ref name=":0">{{Cite web |date=2025-06-03 |title=Newsweek Acquires Adtech Firm Adprime to Fuel Health Expansion |url=https://www.adweek.com/media/newsweek-adtech-firm-adprime-health-expansion/ |access-date=2025-06-18 |website=Adweek}}</ref>
== Other roles and honors == Pragad is a member of the advisory board of the King's Trust USA.<ref>{{Cite web |title=About Us |url=https://kingstrust.us/about-us/ |access-date=2024-04-29 |website=The King’s Trust USA |language=en-US}}</ref> He is an honorary fellow of King's College London and a member of the King's College London Impact Leaders Board.<ref name="kclimpactboard" /><ref name="Management Today"/> In January 2026, Pragad was appointed to the Board of Directors of Harvard Business Publishing (HBP), the publishing and learning arm affiliated with Harvard Business School.<ref>{{Cite web |title=Newsweek CEO Dev Pragad Joins Board Of Harvard Business Publishing |url=https://www.freepressjournal.in/latest-news/newsweek-ceo-dev-pragad-joins-board-of-harvard-business-publishing |access-date=2026-04-13 |website=Free Press Journal |language=en}}</ref>
== References == {{Reflist}}
== External links == * {{Cite web |date=2018-10-10 |title=Newsweek Media Group Splits Into Two Companies |url=https://www.newsweek.com/newsweek-media-group-splits-two-companies-newsweek-ibt-media |website=Newsweek |language=en}}
{{DEFAULTSORT:Pragad, Dev}} Category:Living people Category:Newsweek people Category:Alumni of King's College London Category:Place of birth missing (living people) Category:British businesspeople of Indian descent Category:1984 births Category:Indian emigrants to the United Kingdom Category:American people of Indian descent