Wall Street Journal managing editor expected to step down
Marcus Brauchli, the managing editor of The Wall Street Journal, the top editorial post at the paper, is expected to step down, according to a story in Tuesday’s Journal.
The story stated, “The impending departure would come just four months after the Journal’s parent, Dow Jones & Co., was acquired by News Corp. for $5.16 billion.
“The Journal’s publisher, Robert Thomson, may take over as interim managing editor of the paper, say these people. Despite the publisher title, Mr. Thomson already was involved in overseeing editorial matters for Dow Jones properties such as the Journal, newswires and Barron’s magazine. A search for a new managing editor was expected to begin shortly, with candidates coming from both inside and outside the paper.
“Mr. Brauchli is expected to remain with News Corp. It wasn’t clear whether his role would be as a consultant or an executive. A person familiar with the negotiations called the decision ‘amicable.'”
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