Larry Kramer named president and publisher of USA TODAY

— -- Larry Kramer, founder of MarketWatch and currently a media consultant and adjunct professor of Media Management at the Newhouse School of Communications at Syracuse University, has been named president and publisher of USA TODAY, effective immediately.

Kramer succeeds David Hunke, who resigned last month, becoming USA TODAY's chairman until his retirement in September.

Kramer will report to Gracia Martore, president and chief executive officer of Gannett, based in McLean, Va.

He will be responsible for all of USA TODAY's platforms, including the newspaper, the USATODAY.com website, USA TODAY Sports Media Group, the Travel Media Group, Reviewed.com and USA WEEKEND. He will also lead the search for a new USA TODAY editor-in-chief.

"He will play a critical role as we transform the company and execute on our strategic plan to position Gannett for success in the digital age," Martore said.

"I have always had tremendous respect for USA TODAY and the reputation it has built as a trusted source for the day's news and information. As an entrepreneur, I have also admired its strong legacy of innovation. I am honored and excited to have the opportunity to work with this talented team to reinvigorate USA TODAY's mission and lay the groundwork for its next 30 years," Kramer said.

USA TODAY was founded 30 years ago in September.

Kramer has worked at the Washington Post and San Francisco Examiner. As a journalist and editor, he received awards for reporting, including the National Press Club Award, The Associated Press Award for news writing and The Gerald Loeb award for business reporting. His staffs were awarded two Pulitzer Prizes.

He was founding president of CBS Digital Media, a division that synthesized online, interactive and mobile initiatives for the network, and founder of the MarketWatch.com financial information website.

Kramer has an MBA from Harvard University and a bachelor's degree from Syracuse University. He currently sits on the board of directors of Harvard Business School Publishing and serves on the Advisory Board to the Newhouse School at Syracuse. He was a founding board member and former chairman of The Online Publishers Association.

He is married to Myla Lerner and they have two children, Matthew and Erika.