Murdoch MacLennan, the chief executive of the publisher of the Daily Telegraph, has stood down after 13 years in the job.
Nick Hugh, Telegraph Media Group’s chief operating officer since January when he joined from Yahoo, will replace him in the top job.
MacLennan, who is also chairman of news agency business Press Association, will become the group’s deputy chairman.
He will also continue to play a role in the newspaper industry, with positions at the News Media Association and International News Media Association.
“I am immensely proud of everything we have achieved at the Telegraph, and honoured to become deputy chairman of the group,” he said.
“I look forward to representing the Telegraph on a number of national and international organisations fighting for press and commercial freedom.”
Hugh said: “I’m honoured and excited to take on the role as CEO and, with the help of the brilliant TMG team, I’m certain great times are ahead. I’d like to thank Murdoch for his support since I joined the company and look forward to building a great future for the business.”