WSJ chief exits: Will Lewis ex-Telegraph in charge meantime
Lex Fenwick, chief executive officer of Dow Jones & Co. owners of The Wall Street Journal , has left after less than two years at the company . He will be replaced on an interim basis by Will Lewis., formerly of the Telegraph Media Group.
Will Lewis: Ex-Telegraph
Fenwick joined Dow Jones in February 2012 and had been working toward a "reinvented newswire service for the company," which publishes The Wall Street Journal, said Bloomberg.
Fenwick, who replaced Les Hinton - a casualty of the company's UK troubles - joined from Bloomberg LP, where he had most recently been CEO of Bloomberg Ventures.
News Corp. Chairman Rupert Murdoch split the publishing business from the rest of his media empire last June and called it News Corp.. The entertainment business was renamed 21st Century Fox.
Bloomberg said, “The newspaper unit, which also includes the New York Post andLondon’s Sunday Times, has been under pressure amid a decline in print advertising.”
News Corp. CEO Robert Thomson said the company would be reviewing its “institutional strategy” in a statement today announcing Fenwick’s departure.
Lewis, who was chief creative officer of News Corp., previously served as editor-in-chief of Telegraph Media Group. He joined News Corp. in 2010.