He starts Oct. 15 — the same day Fox Business Network launches.
The release stated, “‘Dennis has 25 years of experience in media and technology. He’s one of the best-connected journalists in the business,’ said Jonathan Wald, CNBC senior vice president of business news. “The convergence of media and technology is becoming one of the major business stories, and Dennis is the perfect person to lead our coverage. His addition to the business news team will have an immediate impact.’
“Kneale joins CNBC from Forbes magazine, where he served as Managing Editor overseeing such business stories as the Internet boom, bust and rebuild; corporate scandals and investor fallout; the backlash against the drug industry amid drug recalls and soaring costs; the rise of Google, the capitalist revolution that is igniting China’s economyâ€”and the travails of Martha Stewart, Dennis Kozlowski, Bernie Ebbers and more.
“In conceiving, directing and editing many of the cover stories in Forbes, Kneale has overseen such high-impact pieces as the recent ‘Hiding Behind the Net,’ on how anonymity on the Internet is out of control; ‘The Sleaziest Show on Earth,’ on the rampant tactics of some hedge funds; ‘Attack of the Blogs,’ on how they can wreck brands and destroy lives; ‘The YouTube Revolution,’ which ran a week before Google bid $1.65 billion to acquire the company, and a business profile of rapper Fifty Cent for the Forbes Celebrity 100 issue last year.
“Kneale joined Forbes in 1998 to expand its coverage of technology, media and health. He has covered Barry Diller, the movie mogul turned Internet maven, Bob Iger, the chief executive of Walt Disney Co., and other CEOs for 20 years. More recently he secured cover profiles on Renault S.A. and Nissan Motor Co. CEO Carlos Ghosn, on the rise of MTV in Africa as an example of capitalism helping a troubled continent, and on an India-born Accenture executive who returned home after a career in the U.S. to oversee 35,000 Accenture employees in his homeland.”
Read the release here.