Wallace, former BusinessWeek assistant ME, dies at 83

David Wallace, an assistant managing editor at BusinessWeek for more than a decade, died Monday at the age of 83.

An obituary states, “Following his discharge, he became a reporter at the Associated Press in Pittsburgh before being transferred to Washington, DC and moving on to Reuters in 1977. As a correspondent he covered economic policy at the Federal Reserve, the Commerce Department and the Treasury Department. In 1980 he joined BusinessWeek in its Washington, DC bureau before moving to New York to eventually become assistant managing editor.

“For years he was responsible for the front of the book, covering breaking news and spending long hours, sometimes staying overnight at the office, putting the magazine to bed. It was a banner time for BusinessWeek, with the magazine winning the National Magazine Award for General Excellence in 1994 and 1996. Dave received the John Hancock Financial Journalism award from the Fordham University Journalism School in 1992.

“While he primarily served as an editor late in his career, he still wrote on topics that intrigued him. Always fascinated with computers and technology, he wrote a piece in 1997 on the emerging technology of voice transcription with a lede that highlighted his trademark wit: ‘If this column starts out with some generation here and there, it’s because I am dictating it to 9 computer. Translation: If this column starts out with some jibberish here and there, it’s because I am dictating it to my computer.'”

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