CNBC hires Frank from WSJ

Nik Deogun, senior vice president and editor in chief at CNBC, and Kevin Krim, CNBC’s digital general manager, sent out the following staff hire announcement on Wednesday:

CNBC prides itself on delivering cutting-edge news, information and analysis for the most affluent, influential and educated audience. Few journalists have profiled and penetrated this audience as adroitly as Robert Frank, so we are delighted to announce that he will be joining the network as an editor and correspondent, effective May 14.

Robert is a best-selling author, award-winning journalist and leading voice on the topic of American wealth. He has been with The Wall Street Journal for 18 years as a reporter, columnist, editor and blogger.  He was a foreign correspondent in London and Singapore, and later covered Wall Street and mergers and acquisitions.  Eight years ago, Robert created a new beat covering the culture and economy of the wealthy and has become a widely cited authority on the subject—with two books, a popular blog, regular features and frequent media appearances.

Robert, along with CNBC’s team of reporters, producers and writers, will provide in-depth features, reporting and analysis about the world of the wealthy and how it shapes our economy, markets and government. CNBC will bring viewers, both online and on-air, inside the lives of the global rich — who they are, how they got there, and how they spend, invest, give away and fight over their fortunes.

Robert will report to Nick Dunn, managing editor of CNBC, and Allen Wastler, managing editor of CNBC.com.  Please join us in welcoming him to CNBC.