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Jill Abramson Named Executive Editor of the New York Times (VIDEO)

Jill Abramson is replacing BillKeller as executive editor of the NewYork Times .

Keller, who stepped down in order to return to writing full time, worked withAbramson as managing editor to “restore confidence” in the paperfollowing the infamous Jayson Blair fabrication scandal.

The 57-year-old Abramson becomes the first female executive editor in the GrayLady’s 160-year history and takes over as the Times is finding new ways to monetize its journalism on the Web andbeyond.

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