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Financial Times makes four US editorial appointments

The Financial Times today announced four new appointments to its US editorial team, further strengthening its core coverage areas of business, finance and markets. Joining the US Finance and Business team and reporting to Francesco Guerrera, US finance and business editor, are:

Mara Der Hovanesian will join as the US fund management correspondent, covering US hedge funds, mutual funds and pension funds, with a particular focus on the hedge fund industry. Der Hovanesian comes to the FT after nearly a decade at BusinessWeek, where she served in a number of senior editorial roles, including markets and investments editor and banking and finance editor.

Suzanne Kapner has been appointed banking and insurance correspondent. In her new role, Kapner will cover the US regional banks, insurers and Fannie Mae and Freddie Mac. She will focus on the retail businesses of large banks, especially on developments in the credit card and mortgage markets in the wake of the financial crisis. Most recently at Fortune magazine, Kapner also covered the retail industry for the New York Post, and worked for three years as a London-based business reporter for The New York Times.

Jeremy Lemer has been named US business correspondent, covering US airlines and industrial companies, and he will also write about broader trends in corporate America. He was previously a FT reporter based in London, covering UK defense companies.

Justin Baer, US business correspondent, previously covering US airlines and industrial companies, has been named Wall Street correspondent covering investment banks and large banks. Baer replaces Greg Farrell, who will become US consumer industries correspondent.

Telis Demos joins the FT as web editor, with a special focus on FT.com’s markets coverage. He will report to Darren Dodd, Deputy US News Editor. Demos has worked at a variety of US publications, most recently as a features and news writer for Fortune.

Chrystia Freeland, US managing editor of the Financial Times, said: “Each of these journalists will bring new perspective and insight, further enhancing the quality and depth of our award-winning editorial coverage. These appointments underscore the FT’s commitment to producing the most competitive and sophisticated coverage of business, finance and markets, in print and online.”

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For further information, please contact:

Darcy Keller, Financial Times, +1 212-641-6614 or darcy.keller@ft.com

About the Financial Times:

The Financial Times, one of the world’s leading business news organisations, is recognised internationally for its authority, integrity and accuracy. Providing extensive news, comment and analysis, the newspaper is printed at 23 print sites across the globe, has a daily circulation of 400,827 (ABC figures, December 2009) and a readership of 1.3 million people worldwide. FT.com is the definitive home for business intelligence on the web, providing an essential source of news, comment, data and analysis for the global business community. FT.com attracts 11.4 million unique users, generating 83.2 million page views (ABCe figures, March 2009) and now has over 1.8 million registered users.

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