Tribune Publishing, the owner of The Chicago Tribune, announced on Thursday that the newspaper’s top two editors were departing, just months after it revealed that a hedge fund known for aggressive cost-cutting at newspapers had secured roughly one-third of the company.

Bruce Dold, the publisher and editor in chief, was replaced by Colin McMahon, effective immediately, Terry Jimenez, the president and chief executive of Tribune Publishing, said in a statement on Thursday.



Mr. McMahon takes on the role of editor in chief in addition to his current position as Tribune Publishing’s chief content officer. Mr. Dold, a Pulitzer Prize winner who has worked at the newspaper for 42 years, will depart on April 30.

Peter Kendall, one of two managing editors and a 32-year veteran of The Tribune, will depart at the end of the week.

Mr. Jimenez said that Mr. McMahon had served as a foreign editor and metropolitan reporter, among other roles, at the newspaper.