Ray Hennessey has been named managing editor and director for the Fox Business Channel website, announced Kevin Magee, executive vice president of Fox News. Reporting directly to Magee, Hennessey will oversee all editorial content and design function of the website.
The website is expected to launch later this fall when the channel launches.
In making the announcement, Magee said, “Ray has a renowned background in this industry, with a proven track record of journalistic integrity and keen news judgment. We are thrilled he’ll be joining us in this new venture.�
Hennessey, a veteran in business journalism Internet operations, was the editor of SmartMoney.com, where he was responsible for all the financial editorial content, television operations and technology. He also had a weekly appearance on CBS News, providing financial commentary.
Prior to that stint, Hennessey was the news editor for Dow Jones & Co. and CNBC-Wall Street Journal Television from 1998 through early 2006. There, he managed the personal-finance and fund-industry coverage at Dow Jones Newswires and appeared on CNBC’s Dow Jones Halftime Report, as well as serving as a regular guest host of Wake Up Call. Additionally, Hennessey wrote the IPO Outlook column for The Wall Street Journal.
He began his career as a journalist for The Times in Trenton before becoming the managing editor of A.M. Best Co., where he oversaw BestWire and BestWeek, publications that covered the insurance industry.
Hennessey is also a board member of the Society of American Business Editors and Writers.