News Column

Fenwick Out as Dow Jones CEO

January 21, 2014

Associated Press


NEW YORK (AP) News Corp., the publishing company controlled by Rupert Murdoch, said Tuesday that it is replacing Lex Fenwick, CEO of Dow Jones, and plans to review how the subsidiary serves institutional clients.

The company named William Lewis Dow Jones' interim CEO.

News Corp. CEO Robert Thomson said the review will include improvements to DJX, a product that consists of a wire service that gives institutional subscribers a 2-minute head start on news that The Wall Street Journal and Dow Jones reporters break.

The product, which has been in beta testing since its launch last year, was meant to compete with rival Bloomberg's financial data and news services.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Original headline: CEO Fenwick out as Dow Jones reviews DJX product


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Source: Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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