Robert Thomson has been named managing editor of The Wall Street Journal and editor in chief of Dow Jones, according to a company announcement Tuesday evening.
He replaces Marcus Brauchli, who resigned as managing editor last month.
The announcement stated, “The Dow Jones Special Committee today unanimously endorsed Mr. Thomson’s appointment following his nomination by the Company last week.
“Mr. Murdoch said: ‘Mr. Thomson’s outstanding career as a financial journalist, foreign correspondent and editor, equips him perfectly for the position.’
“Les Hinton, Chief Executive Officer of Dow Jones, said: ‘Robert is the ideal editor to unlock the vast potential of the Wall Street Journal and our other Dow Jones brands, both in this country and around the world.’
“Mr. Thomson will oversee the news section of the Wall Street Journal and the editorial operations of Dow Jones News Wires. Neal Lipschutz, News Wires managing editor, will report to Mr. Thomson. Paul Gigot, Editorial Page Editor of the Journal, will report to Mr. Hinton, who will assume Mr. Thomson’s role as Publisher of the Wall Street Journal in addition to his existing duties.”
Read more here. Hinton also said in the statement that Dow Jones and News Corp. executives apologized to the special committee for not notifying them earlier about Brauchli’s departure.