BusinessWeek magazine has hired two new staff members in a move to bolster its finance coverage.
Theo Francis has joined the magazine’s Washington bureau after working at The Wall Street Journal, according to an internal announcement from DC bureau chief Jane Sasseen.
Sasseen writes, “He’ll be covering the SEC and other financial areas, as well as picking up some of our broader regulatory coverage. Theo comes to us from WSJ, where he’s covered a wide range of areas, most recently focusing on employee benefits and pensions, health care finance, executive pay and the insurance industry. You may have noticed his final act for the Journal — an excellent page one story he co-authored in early August on how companies are tapping employees’ pension funds to pay for benefits for top executives.
“Along the way, he’s also picked up numerous awards, having been part of the teams that won the 2003 Pulitzer for coverage of the corporate scandals as well as a Loeb and two George Polk awards for their coverage of pension and executive pay issues. Following stints in New York and Dallas for the Journal, he’s spent most of the last few years in Florida, where his wife, Jennifer Liberto, is a reporter for the St. Petersburg Times.”
Meanwhile, Peter Carbonara has joined the team at the magazine’s New York headquarters covering finance.
Finance section department editor Adrienne Carter, in an internal announcement, writes, “As a boy, Peter aspired to create comic books or join the Beatles. Instead, in an illustrious career in the more-or-less mainstream media, he has written, edited, or otherwise produced pieces for Dow Jones Newswires, Spin, The American Lawyer, Court-TV, the Boston Phoenix, PBS’s Frontline, Money, Fortune, Fortune Small Business, Inc., Fast Company, Institutional Investor, and Popular Science. Although personally averse to confrontation, he most enjoys writing long features about fights, lawsuits, and crime.
“In his spare time, Peter plays guitar, though not nearly as well as his younger brother Paul, who for the last ten years has been the lead axe man for Blondie.”
Talking Biz News hears that more hires in this area are forthcoming at BusinessWeek.
