David Benoit and Cara Lombardo have been named deputy Wall Street bureau chiefs at The Wall Street Journal, reporting to Dana Cimilluca.
“Dave and Cara have had exceptional reporting careers and now as editors will help elevate the coverage on our formidable new Wall Street team,” said Cimilluca.
The new jobs were announced internally on Tuesday.
Benoit has been a banking reporter for The Journal’s financial news group in New York.
He covered JPMorgan Chase and Citigroup specifically, closely following their operations, executives and how their decisions impact consumers and corporations around the globe. And he wrote broadly on the banking system.
Benoit started at Dow Jones in July 2008 and has covered a variety of assignments, from markets and stocks to legal cases. In 2013, he was named the Journal’s first reporter dedicated to activism. For five years, he covered the biggest campaigns and detailed the changing interactions between shareholders and companies. His work with colleagues breaking the merger of Dow and DuPont won a 2016 Gerald Loeb award. He was named the 2015 Business Journalist of the Year by Talking Biz News.
Lombardo has been a senior reporter for The Journal in New York. She and her colleagues regularly break market-moving news on the biggest and most interesting deals and activist fights.
In 2021, she was part of a team that won a Gerald Loeb Award for the paper’s coverage of Amazon’s business practices. She joined the Journal in 2017 and previously covered breaking news and the beverage industry.
Before that, she worked as a CPA auditing banks and asset managers. She has undergraduate and master’s degrees in accounting and a master’s degree in journalism, all from the University of Wisconsin-Madison.