• by Sara Guaglione , May 23, 2016

Candappa replaces Peter Goodman, who left the company amid a round of layoffs earlier this spring.

Candappa will be based out of IBT Media’s New York City headquarters and will report directly to co-founder and chief content officer, Johnathan Davis.

"We believe Dayan will help us drive even greater modernization of the user experience, more data-driven reporting and will be putting video and social media at the forefront of our strategy,” Davis stated.

Candappa will lead editorial operations of International Business Times around the world and will run the US newsroom directly.

He will work with Davis and the editorial team to refine the brand’s voice, broadening distribution, and working on the user experience across the Web site, newsletters, video and social media, according to a statement.

“IBT Media is continuing with its goal of building the news business of the future, one that is always looking for the most effective, innovative way to report the news and tell great stories, all while growing readership for its sites," Candappa stated.

Candappa previously worked at Thomson Reuters for the past 16 years, in a range of roles including regional editor for both Asia and Americas, deputy managing editor, global markets editor, Asia treasury editor and chief financial correspondent of the Gulf.

Goodman was editor-in-chief of IBT for two years before he and at least 15 other IBT editorial employees left the company amid a “restructuring.” Goodman has since returned to The New York Times as a London-based economics correspondent.

He previously worked for the NYT as a national economics correspondent from 2007 to 2010.