WSJ hires new Money & Investing editor

TALKING BIZ NEWS EXCLUSIVE

Francesco Guerrera, the finance editor of the Financial Times, has been hired by The Wall Street Journal to be its new Money & Investing editor, according to two sources with knowledge of the move.

Guerrera will replace Ken Brown, the current editor of the Money & Investing section, who is headed to Asia in June to build up money and investing coverage at the Asian Wall Street Journal. He will report to Rebecca Blumenstein, deputy managing editor and international editor for the Journal.

Guerrera has been responsible for the FT’s financial coverage around the world. Before taking up this position he was the FT’s U.S. business editor and the Asia financial correspondent where he covered Asian mergers and acquisitions, investment banking, private equity and capital markets. Prior to that, he was European Union correspondent based in Brussels, covering competition and the single market.

Before joining the Brussels bureau, Francesco was based at the FT in London. His work there included co-authoring a three-part investigation into “conflict diamonds,” which won the Foreign Correspondents’ Association award.

He has also won awards for his business reporting in Asia and the US, and, most recently, the first prize at the M&A International Awards.

Before the FT, Francesco worked on the business pages of the Independent and, shortly after graduating from City University in London, for the news agency AFX News.