Nick Denton, founder of the popular website Gawker, will step down as president of Gawker Media and reduce his daily involvement in the running of the company, Capital New York reported Wednesday.
He will remain CEO of Gawker Media, he said in a memo to the staff.
Denton has named a seven-person managing board to run the site. The board, Capital reports, will consist of Denton along with "president Heather Dietrick, chief strategy officer Erin Pettigrew, advertising head Andrew Gorenstein, chief operating officer Scott Kidder and executive editor Tommy Craggs," as well as chief technology editor Tom Plunkett, who will work on the product side but no longer have the CTO title.
On his Twitter account Wednesday, Denton confirmed that Gawker was going to be "run by a partnership of seven people," adding that he planned to "spend more time with my blog" and linking to his memo, which detailed plans for Gawker in 2015.
According to Quantcast, Gawker Media has nearly 80 million unique monthly visitors across its network of sites, such as Deadspin, Jezebel and Kotaku, making it one of the largest Web properties in the U.S.
In his memo, Denton writes that he started Gawker, "a blog which read like a conversation between journalists, because I learned at newspapers that the best story was the story behind the story, And the real story, the deeper truth, that you were most likely to hear at the bar with colleagues, after deadline."
"I'll be by the bar. See you there," he writes.
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