The magazine was acquired by James Pach through his company Trans-Asia Inc. in December 2007. Pach assumed the role of executive publisher and hired former "Penthouse" editor Ian Gerrard to update its presentation. Nonetheless, the print edition suffered continued losses, and "The Diplomat" eventually went completely online in August 2009. Its Sydney office was closed and its headquarters were moved to Tokyo; Jason Miks was appointed editor in September 2009 and Ulara Nakagawa was appointed associate editor. Miks was succeeded as editor by Harry Kazianis before publisher James Pach took over. Shannon Tiezzi currently serves as editor-in-chief, with Catherine Putz as managing editor. Abhijnan Rej is security & defense editor and Sebastian Strangio is Southeast Asia editor. Ankit Panda is editor-at-large and podcast host.