P. M. BRIEFING : Financial Times’ Ex-Chief Dies
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LONDON — Lord Drogheda, who helped create the modern Financial Times, Britain’s business daily, has died at the age of 79.
An obituary in the newspaper today said: “He combined a vision of excellence with a relentless attention to detail and a refusal to be satisfied with anything less than the highest standards.”
Drogheda and his editor, Sir Gordon Newton, built the Financial Times in the 1950s from a newspaper of small circulation for London’s financial district into a daily journal read throughout the world.
Drogheda, who was Charles Garrett Ponsonby Moore before he inherited the 300-year-old earldom in 1957, came from Anglo-Irish stock and sold advertising space on the Financial Times in the 1930s. He became managing director in the 1940s, chairman in 1971 and retired in 1975.
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