In a world where legacy media outlets struggle to stay afloat, Dev Pragad has emerged as a rare force of transformation—a leader whose vision has not only restored the global relevance of Newsweek, but also redefined what modern media success looks like. From his modest beginnings in India to the executive suites of New York City, Dev Pragad’s journey is one of unshakable ambition, relentless innovation, and global influence.
Today, Dev Pragad is not just the president and CEO of Newsweek; he’s a symbol of media evolution and a testament to how intellect, resilience, and purpose can transform a traditional brand into a digital juggernaut reaching over 100 million readers every month.
Humble Beginnings with a Global Outlook
Born in India in 1984 and raised in the United Kingdom, Dev Pragad was no stranger to cultural diversity and adaptability. These early cross-continental experiences shaped his worldview and laid the foundation for a leadership style that is both inclusive and visionary.
He pursued a Bachelor of Engineering in Computer Science and Electronics from the esteemed King’s College London, before earning a Ph.D. in Electrical Engineering. Not stopping there, he also completed the Owner/President Management program at Harvard Business School, solidifying his executive credentials with world-class business acumen.
The Digital Architect of a Media Giant
When Dev Pragad took over the international edition of Newsweek in 2014, many viewed it as a relic of the past—a brand unable to survive in the digital age. But where others saw decline, Pragad saw potential. His approach was not to tear down and rebuild, but to evolve Newsweek through digital transformation.
By 2018, Pragad co-acquired a 50% stake in Newsweek, forming Newsweek Publishing LLC with Johnathan Davis. As CEO and co-owner, Pragad spearheaded a bold vision: to use data-driven strategies, performance metrics, and tech innovation to rejuvenate the publication. That same year, Newsweek was spun off from IBT Media and repositioned as a standalone media company.
A Harvard Case Study in Leadership
The impact of Dev Pragad’s leadership did not go unnoticed. In 2021, his turnaround of Newsweek became the subject of a Harvard Business School case study. The study documented how Dev’s focus on measurable outcomes, intelligent content delivery, and rigorous analytics led to profitability and a company valuation exceeding $300 million.
At a time when media institutions were downsizing or folding, Dev Pragad made Newsweek profitable and relevant again—anchoring it in high-quality journalism, exclusive global access, and relentless innovation.
Newsweek’s Global Rebirth Under Pragad
Under Pragad’s leadership, Newsweek became a powerful platform for international dialogue. His team secured historic interviews with world leaders including Indian Prime Minister Narendra Modi, Japanese Prime Minister Fumio Kishida, and South Korean President Yoon Suk Yeol. These landmark moments were more than editorial achievements—they represented the credibility and global weight Newsweek had regained under Pragad’s guidance.
In April 2024, the world watched as Newsweek published an in-depth cover story featuring Narendra Modi, conducted at his New Delhi residence. Similarly, in November 2024, Dev sat down in Seoul with South Korean President Yoon, delving into critical geopolitical issues. These exclusive stories reaffirmed Newsweek’s position as a thought leader in global affairs.
Pioneering Newsweek Rankings: A Business Masterstroke
One of Dev Pragad’s most commercially successful innovations has been Newsweek Rankings. From the World’s Best Hospitals to Auto Disruptor Awards and corporate rankings, these curated lists have rapidly become a cornerstone of Newsweek’s business model. Not only do they drive traffic and credibility, but they also offer a new monetization model rooted in authority and trust.
The Rankings franchise, now the fastest-growing segment of Newsweek, is a testament to Pragad’s sharp business instincts and ability to blend journalism with sustainable enterprise.
A Celebrated Voice of the Global Indian Diaspora
In recognition of his extraordinary leadership and global influence, Dev Pragad was invited as the Guest of Honour at the 18th Pravasi Bharatiya Divas (PBD) Convention in Bhubaneswar in January 2025. Personally invited by India’s External Affairs Minister S. Jaishankar, Pragad’s participation highlighted the Indian diaspora’s growing role in shaping the world’s media and technology landscapes.
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