NY Times' Eichenwald joins Conde Nast Portfolio

New York Times business reporter Kurt Eichenwald is leaving the newspaper to become a member of the new business magazine, Conde Nast Portfolio, according to a memo posted this afternoon on the Jim Romenesko blog.

Eichenwald will start at the magazine on Oct. 1 and be a senior writer and investigative reporter. The first issue of the magazine is expected in May 2007.

The memo stated, “For the past two decades, Mr. Eichenwald has written about corporate corruption and financial topics.

“In 1988, he began reporting for the paper’s business section, covering Wall Street, corporate takeovers and insider trading scandals. In 1992, he began writing the ‘Market Place’ column and covering the unfolding scandals at Prudential Securities. Since then, he conducted an array of high-profile investigations into fraud and conflicts in American health care; price-fixing in the food and feed industries; corruption at Enron, WorldCom and Arthur Andersen; and crimes involving the exploitation of children over the Internet.

“Mr Eichenwald has won numerous honors for his work. In 1996, he was awarded the George Polk Award for his articles about deficiencies in the American System of dialysis care; in 1998, he was again a Polk Award winner for a series of articles about allegations of corruption at the Columbia/HCA Healthcare Corporation. He was a Pulitzer Prize finalist in both 2002 and 2000.”

Read more here.