Ray Shaw, the former chairman of American City Business Journals, which operates 40 business weekly newspapers throughout the country, has been named to the North Carolina Journalism Hall of Fame, according to a story in the Charlotte Business Journal.
The story states, “The N.C. Halls of Fame, based in the UNC School of Journalism and Mass Communication, honor individuals who have made outstanding, career-long contributions to their fields. Honorees have made significant contributions to the state.
“Shaw died July 19 of complications from a yellow jacket sting. He was 75.
“He joined ACBJ in 1989 after taking early retirement as president of Dow Jones & Co., publisher of The Wall Street Journal. In his 20 years as chairman and chief executive of ACBJ, the company moved its headquarters to Charlotte from Kansas City, doubled the number of weekly business journals it publishes and expanded into magazines and other media. Along the way, employment grew to more than 1,900 from about 850.”
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