enterprise. Charles Otis, a former president of The Wall Street Journal and its parent company, Dow Jones & Company, became president and publisher in 1913 and remained in that role until his death in 1944. In 1936, Charles Otis announced the newspaper was marking 100 years of continuous publication by producing a century edition. In 1976, the newspaper's management was overhauled. Willard S. Rappleye Jr., a former Time magazine editor was dismissed after 13 years at the helm. American Bankers president, Edward F. McDougal, resigned in protest, and financial editor Ben Weberman also resigned. William S.Shanks, president and minority owner of Bond Buyer, was named president of American Banker. A year later, Shanks was dismissed from both posts by Derick Otis Steinmann (1943-2002), an Otis family descendant. Steinmann was Chairman and CEO of American Banker and Bond Buyer from 1976 to the mid-1980s. Steinmann transitioned the newspapers to the computer era, and facilitated their sale in 1983 to International Thomson, from the estate of Charles Otis. Subsequent ownership Thomson Corporation began selling its North American newspapers in 2000 and announced its intention to put American Banker and Bond Buyer on the market in 2001. In 2004, American Banker and Bond Buyer were sold to Investcorp, which operated it as part of its SourceMedia business. In 2014, Investcorp sold SourceMedia to Observer Capital, a private equity firm founded by Joseph Meyer, the publisher of The New York Observer. Staff American Banker has approximately 50 reporters and editors in six U.S. cities who monitor developments and breaking news affecting banks. Alan Kline, a 22-year veteran of the newspaper, was named editor-in-chief in January 2020, succeeding Rob Blackwell. Other former editors of American Banker include Marc Hochstein, Neil Weinberg, Barbara A. Rehm, who was editor in chief from 2008 to 2010, and David Longobardi, who was editor in chief from 1999 to 2009, when he was named Chief Content Officer of SourceMedia Inc., the business media company that had owned American Banker since 2004. Edwin A. Finn topped the masthead in 1990–92, and Phil Roosevelt from 1995 to 1999. As of May 2012, Finn was editor and president and Roosevelt was deputy managing editor of Barron's. Online presence American Banker launched an online edition in May 1996, featuring all articles from the print edition as well as certain online-only features such as forums. In January 2016, American Banker announced they were ending their