TALKING BIZ NEWS EXCLUSIVE
New York Times business editor Larry Ingrassia sent out the following announcement on Friday:
“We are delighted to announce that Jeff Cane, a stellar editor here for so many years, is returning to The Times and to Business Day in the new position of DealBook managing editor.
“Under the direction of Andrew Ross Sorkin, DealBook’s editor and creator, DealBook has become one of the top destinations on nytimes.com. As we continue to grow DealBook, Jeff will work closely with Andrew to make DealBook even more of a must-read, as well as with the rest of the DealBook team and Business Day online deputy Kevin McKenna.
“Jeff, as many of his friends and colleagues here can attest, comes with a wealth of skills and experience that make him an ideal choice for this job. His knowledge of business and finance is encyclopedic, and he helped mentor many young reporters in Bizday in years past. Moreover, he played a key role in DealBook in its early years. Indeed, as Bizday’s editor overseeing our finance, banking and markets coverage for several years, he helped Andrew expand DealBook from a daily e-mail into an all-day online news source in 2005.
“After beginning his career as a reporter and editor at The Record in Hackensack and as a copy editor at The Daily News, Jeff came to Bizday in 1993 to begin a 14-year stay. He started as a copy editor and also served as night editor and day assignment editor before directing our finance coverage.”
Cane had been at Portfolio and Reuters for the last couple of years.