David Benoit and Cara Lombardo has been named co-Wall Street bureau chiefs for The Wall Street Journal.
They both previously served as deputy bureau chiefs and reporters. They will replace Dana Cimilluca, who is leaving the Journal.
“Cara and Dave are two of our finest emerging leaders,” said Journal editor in chief Emma Tucker in a note to the staff. “They have been sterling deputies in the group, and it is a real pleasure to see them take charge of the team.”
Reporters covering banks, investment firms, credit cards, wealth, private equity, and deals and dealmakers will report to Benoit and Lombardo. They report to Marie Beaudette in the Finance & Economics coverage area.
Benoit was previously a banking reporter on the team, responsible for covering JPMorgan Chase and Citigroup. He wrote about the banking system broadly, covering the industry through the 2020 pandemic and the 2023 banking crisis.
He started at Dow Jones in July 2008 and has had 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.
Lombardo spent five years covering M&A and activist investing for the Journal, regularly breaking market-moving news with her colleagues on the biggest and most interesting deals and corporate clashes.
She appeared in “Icahn: The Restless Billionaire,” the HBO documentary about activist Carl Icahn, and was part of a WSJ team that won a Gerald Loeb Award in 2021 for coverage of Amazon’s business practices. She joined the Journal in 2017 and previously covered breaking news and the beverage industry.
