Gerard Baker To Become Editor-at-Large; Will
Host WSJ Conferences and a new WSJ Program on Fox Business
News
Matt Murray has been named Editor-in-Chief of The Wall Street
Journal and Dow Jones Newswires, succeeding Gerard Baker, who is to
take up a new position as the Journal's Editor-at-Large, which will
include regular writing, hosting the paper’s expanding network of
conferences and events, and television presenting. Mr. Murray is
currently Executive Editor of the Journal.
Under Mr. Baker’s five-and-a-half year tenure, the Journal’s
daily circulation has grown by more than a third, led by a rapid
digital expansion, and at a time of declining trust in news media
the paper has cemented its position as the most trusted newspaper
in America. The Journal has consistently led the field with the
deepest and most consequential reporting on US and global business,
finance and economics news, and it has been the principal
contributor to Dow Jones hitting three million memberships this
year, creating a firm base for the future of the highest quality
journalism. The paper’s technological transformation has resulted
in rapid international expansion under Mr. Baker’s leadership and
its Conference network is continuing to grow on a global scale.
Robert Thomson, Chief Executive of News Corp, said: “Gerry has
been a very successful editor at a time when journalism has been
digitally challenged. I have no doubt that Matt is a worthy
successor as Editor-in-Chief and will be a leader of the highest
commitment and integrity. His strong reporting and editing
background and his passion for the Journal are obvious to all who
have the privilege of working with him.
“In his new role, Gerry, who is a gifted writer and skillful and
intelligent interviewer, will continue to make an important
contribution to the Journal’s development.”
William Lewis, Chief Executive of Dow Jones & Company, said:
“I thank Gerry for his contribution to the great growth of the
Journal in recent years, and look forward to his continuing work
with us in his new roles. And I know Matt is the right person to
take the reins and help us seize the great, new opportunities
before us. We see many fruits from our work in embracing digital
transformation and a deeper membership model, and there is much yet
to do.”
Mr. Baker will write a regular column in Review, the paper's
weekend section, as well as other articles for the paper. In
addition, he will host a WSJ-branded news and interview show on Fox
Business News and be a leading voice of the Journal's rapidly
expanding live journalism and events business, conducting
interviews with leading figures from business, politics and
culture.
The five-member Dow Jones Special Committee, formed in 2007 to
monitor editorial standards and ethics issues at The Wall Street
Journal, has unanimously approved the changes. Under the Agreement
which established the committee, as well as subsequent amendments,
management is required to give the committee timely notice of plans
to make changes in top editorial leadership.
Commenting on the changes Gerry Baker said:
"It has been an extraordinary opportunity to have led the
world's greatest and most trusted news organization. I'm enormously
grateful to Rupert, Lachlan and Robert for entrusting me with the
Journal’s mission and it has been an unsurpassed privilege to have
worked with so many talented and dedicated colleagues," he
said.
"There has never been a more important time nor a greater demand
for trusted, authoritative, objective journalism and I am very much
looking forward to continuing to pursue that mission as a writer,
commentator and interviewer. I am honored to hand over the reins of
this venerable institution to Matt Murray, an editor of unsurpassed
quality and a trusted friend and colleague."
Matt Murray said:
“I am honored to have been appointed Editor-in-Chief of The Wall
Street Journal and it is a privilege to serve our millions of
readers in print and digital. Our diverse array of talented
journalists, ranging from reporters to graphic artists, video
producers to data experts, are the best in the business. Every day,
we set out to ensure that we are the most trusted source of news
and information. We’re especially proud that the Journal is
absolutely the preeminent news organization in business, economics
and markets, the forces that shape so much in the modern world, and
that Dow Jones Newswires is growing digitally and internationally
as it provides business and market insights and analysis to clients
around the world.”
“There is little doubt that at a time when journalism faces a
host of challenges, readers are hungry for sophisticated, fair,
illuminating and fact-based journalism--and see us as a uniquely
trusted news source.”
“I especially appreciate the support of Rupert and Lachlan
Murdoch, Robert, Will, and the leadership of Dow Jones, and I thank
Gerry for his significant contributions to the Journal and his
support for me.”
Prior to his appointment as Executive Editor, Mr. Murray was
Deputy Editor-in-Chief since 2013, and had been a Deputy Managing
Editor since 2008. He joined Dow Jones & Company in 1994 as a
reporter for the Pittsburgh bureau. In 1997, he joined the
Journal’s Money & Investing section, where he covered
banking.
Mr. Murray joined the news desk in 2004, and later served as a
deputy national editor and national news editor. He is the author
of The Father and the Son and the co-author, with former New York
City fire commissioner Thomas Von Essen, of Strong of Heart. He
holds Bachelor’s and Master’s degrees in journalism from
Northwestern University and lives in New York with his wife and
daughter.
Mr. Murray will formally take the Editorship of The Wall Street
Journal and Dow Jones Newswires on Monday, June 11.
About News Corp
News Corp (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) is a global,
diversified media and information services company focused on
creating and distributing authoritative and engaging content to
consumers throughout the world. The company comprises businesses
across a range of media, including: news and information services,
book publishing, digital real estate services, and cable network
programming and pay-TV distribution in Australia. Headquartered in
New York, the activities of News Corp are conducted primarily in
the United States, Australia, and the United Kingdom. More
information: http://www.newscorp.com.
About Dow Jones
Dow Jones is a global provider of news and business information,
delivering content to consumers and organizations around the world
across multiple formats, including print, digital, mobile and live
events. Dow Jones has produced unrivaled quality content for more
than 130 years and today has one of the world’s largest news
gathering operations globally. It produces leading publications and
products including the flagship Wall Street Journal, America’s
largest newspaper by paid circulation; Factiva, Barron’s,
MarketWatch, Financial News, Mansion Global, Dow Jones Risk &
Compliance, Dow Jones Newswires, and Dow Jones VentureSource. Dow
Jones is a division of News Corp (NASDAQ: NWS, NWSA; ASX: NWS,
NWSLV).
About Dow Jones Special Committee
The five-person Dow Jones Special Committee operates under an
Agreement between the former owners of Dow Jones and News Corp
after the purchase in 2007. Its charter gives it the responsibility
for monitoring the adherence of The Wall Street Journal and Dow
Jones Newswires to the highest journalistic, ethical and
professional standards.
Dow Jones Special CommitteeThomas Bray, chairLouis BoccardiPaul
IngrassiaNicholas NegroponteAnne W. Patterson
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180605006562/en/
News Corp Corporate CommunicationsIlana Ozernoy,
212-416-3364iozernoy@newscorp.comorDow Jones Corporate
CommunicationsAndrew RobinsonUK: +447467734730USA:
+19178267614andrew.robinson@dowjones.comorDow Jones Special
CommitteeThomas Braytjbray24@gmail.com
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