Changes coming at Dow Jones

In a memo published by the New York Observer, new Dow Jones CEO Rich Zannino outlines the fact that a new vision for the company will be unveiled later this month, and strategic shifts will be announced by September.

Zannino writes, “The next step in this process will be refining our vision, strategy and organizational structure, which we’ll communicate later this month. At the same time, we’ll be developing a new long-range strategic plan, embodying an even bolder strategy and slate of initiatives aimed at returning Dow Jones to prosperity and creating the most possible value for customers, shareholders and employees. This will be unveiled in September.”

The Observer also published a memo from outgoing CEO Peter Kann, who ironically reflected on decisions he wished he had made differently during his tenure.