Ex-NYT deputy biz editor joining Bloomberg News

Winnie O’Kelley, the former deputy business editor at The New York Times, is joining Bloomberg News as an editor at large, journalists at Bloomberg confirmed to Talking Biz News.

O’Kelley left the Times in late January, shortly after business editor Larry Ingrassia moved to another position at the paper, by taking its buyout offer. She had been at the paper for 20 years.

O’Kelley received the 2012 Lawrence Minard Editor Award, named in memory of Laury Minard, founding editor of Forbes Global and a former final judge for the Loeb Awards. This award honors excellence in business, financial and economic journalism editing and recognizes an editor whose work does not receive a byline or whose face does not appear on the air for the work covered.

O’Kelley directed the Times’s reporting on the economy and helps shape the overall business coverage. For the last three years, she has played a key role overseeing the housing collapse and mortgage bust as well as the recession and financial crisis.

For most of her career at the Times, O’Kelley has worked in the business news department, frequently with primary oversight of financial markets. Her work encompassed the recovery of Wall Street from the Sept. 11, 2001, attacks and in subsequent years a round of financial scandals that brought down several companies, including Enron and WorldCom and the accounting firm Arthur Andersen. The lead financial columnist, Gretchen Morgenson, won a Pulitzer Prize for her work during this time.

As assistant business and financial editor, O’Kelley oversaw the paper’s coverage of the collapse of Long-Term Capital Management, the hedge fund that threatened the financial markets.