The series of Wall Street Journal articles on backdating of stock options has won the business news category of the George K. Polk Awards, according to an Editor & Publisher story.
The Journal’s Charles Forelle, James Bandler and Mark Maremont won for business reporting. They revealed the “widespread practice of backdating stock-option awards that allow executives to buy low and sell high, greatly increasing their compensation. The stories shook corporate giants from Apple to UnitedHealth Group and triggered federal investigations into whether shareholders were deceived at more than 130 companies.”
The George Polk Awards are a series of prestigious American journalism awards issued annually by Long Island University in New York. They were established in 1949 to remember George Polk, a CBS correspondent slain covering the Greek civil war.
See the rest of the winners here.
Fox Business host Larry Kudlow has no plans to leave his role amid reports detailing…
Morgan Meaker, a senior writer for Wired covering Europe, is leaving the publication after three…
Nick Dunn, who is currently head of CNBC Events as senior vice president and managing…
Wall Street Journal editor in chief Emma Tucker sent out the following on Friday: Dear…
New York Times metro editor Nestor Ramos sent out the following on Friday: We are delighted to…
Rahat Kapur of Campaign looks at the evolution The Wall Street Journal. Kapur writes, "The transformation…