The New York Times on Wednesday announced that executive editor Jill Abramson is being replaced by managing editor Dean Baquet after less than three years on the job.

Although the company didn't give a reason for the staffing change, some media outlets reported friction between Abramson and Arthur O. Sulzberger Jr., the publisher of the paper and the chairman of The New York Times Company.

The New Yorker reported Abramson had recently discovered her salary and pension package were lower than that of her male predecessor, Bill Keller. She learned the same about her salary and pension in her previous position of managing editor, where she also replaced Keller.

Abramson's lawyer inquired about the pay discrepancy, the New Yorker reports, and the Times closed the salary gap.

'I've loved my run at The Times.'- Jill Abramson in a company statement

The New Yorker notes Abramson spent less time working for the Times than Keller, which may have attributed to the pay gap.

The magazine also explains other strains in the relationship between Abramson and Sulzberger — corroborated by the Times' story on her dismissal.

On Wednesday, Sulzberg told staff that the switch comes after “an issue with management in the newsroom," reported the Times.

Both outlets reported Abramson attempted to hire Janine Gibson, an editor from the Guardian,​ for a managing editor position, apparently without consulting Baquet. Baquet's displeasure at being kept out of the loop eventually reached Sulzberger, who had previously been critical of Abramson's management style, which the Times describes as mercurial and brusque​.

'An honour' to lead the Times, Baquet says

Abramson and Baquet had both been in their current positions since September 2011.

Jill Abramson Dean Baquet New York Times

Pictured in 2011, Jill Abramson, right, is being replaced by Dean Baquet, left, after two and a half years as the New York Times' executive editor. (Fred R. Conrad/The New York Times/The Associated Press)

​Baquet, 57, who would be the first African-American to hold the newspaper's highest editorial position, originally joined the Times in 1990 as a reporter and held positions including deputy metropolitan editor and national editor. He left the paper for the Los Angeles Times in 2000, where he served as managing editor and then editor. He rejoined the Times in 2007 and was Washington bureau chief before becoming the managing editor for news.

"It is an honour to be asked to lead the only newsroom in the country that is actually better than it was a generation ago, one that approaches the world with wonder and ambition every day," Baquet said in a statement released by the newspaper Wednesday.

Prior to his first stint at the Times, Baquet worked at The Chicago Tribune and The Times Picayune in New Orleans. While at the Tribune in 1988, he and two other journalists won the Pulitzer Prize for investigative reporting, for looking into corruption in the Chicago City Council. He was a finalist in the same category in 1994.

Times shifts focus to digital

The move comes amid a shift in the Times' focus, and that of the newspaper industry overall, toward digital products and away from traditional print papers as print circulation and advertising revenue declines.

In its most recent quarter, the Times Co. saw overall advertising revenue rise for the first time in three years, jumping three per cent to $158.7 million. The company's print and digital advertising rose compared with the same period a year ago.

The company also added digital subscribers and increased home-delivery prices. At the same time, the company posted a small profit that fell slightly short of Wall Street analysts' expectations.

Arthur Sulzberger Jr., the newspaper's publisher and chairman of its parent company, called Baquet the best qualified journalist to take on the job in the Times' newsroom.

"He is an exceptional reporter and editor with impeccable news judgment who enjoys the confidence and support of his colleagues around the world and across the organization," Sulzberger said in a statement.

Sulzberger added that Baquet was closely involved with Abramson in the Times' digital transformation over the past six months.

Abramson absent at staff announcement

The managerial change came with little warning or explanation to Times employees, according to several staffers. Workers were sent an email Wednesday afternoon that asked them to gather in the newsroom. There, less than 10 minutes later, publisher Arthur Sulzberger Jr. introduced Baquet as the Times' new executive editor.

According to one staffer, Sulzberger said a concern about newsroom management led to the change. Staffers applauded Baquet's promotion. Abramson was not present at the gathering.

Abramson, 60, was the paper's first female executive editor. She joined the newspaper in 1997 after working for nearly a decade at The Wall Street Journal. She was the Times' Washington editor and bureau chief before being named managing editor in 2003.

"I've loved my run at The Times," Abramson said in the company's statement. "I got to work with the best journalists in the world doing so much stand-up journalism."

Baquet succeeded her as managing editor after she was named to the top editing spot.

New York Times Co. shares fell 71 cents, or 4.5 per cent, to end the regular trading session at $15.06.

With files from CBC News