Power 100: Robert Allbritton & Patrick Steel

Robert Allbritton Publisher, Politico
Patrick Steel CEO, Politico

What the Wall Street Journal calls the “D.C.-obsessed web publication” completed its internal adjustments following the 2016 defection of five top staffers to start their own news outlet with the appointment of a new CEO, investment banker Patrick Steel.

With this adjustment, Allbritton returned to his original role of publisher and executive chairman.

In terms of content, Politico withstood the upheaval as a result of the departing five.

The organization expanded its European operation, benefited from the Trump bump in Washington and boosted Politico Pro, a subscription service that now accounts for almost half Politico’s yearly revenue.