Dow Jones Special Committee Endorses Gerard Baker as New Editor

       Dow Jones Special Committee Endorses Gerard Baker as New Editor

  PR Newswire

  NEW YORK, Dec. 3, 2012

NEW YORK, Dec. 3, 2012 /PRNewswire/ -- The Dow Jones Special Committee has
approved the appointment of Gerard Baker to succeed Robert Thomson as
editor-in-chief and managing editor of the Wall Street Journal. The committee
and Mr. Thomson began consultation on the appointment several weeks ago.

The committee has closely followed the work of Mr. Baker, formerly U.S. editor
and a columnist for the Times of London, as well as economics correspondent
for the BBC and the Financial Times, since he joined the Journal in early 2009
and has met with him numerous times. Mr. Thomson informed the committee early
of his intention to appoint Mr. Baker to succeed him, giving the committee
time to hold discussions with a variety of key Dow Jones journalists. It also
interviewed Mr. Baker, who assured the committee of his commitment to the
Journal's ethical standards and to the continued clear separation of news and
opinion within the newspaper and Dow Jones Newswires.

Confident that he will uphold the traditions that have earned the Journal its
stature, the five-member committee unanimously endorsed Mr. Baker's

The committee was formed when News Corp. purchased Dow Jones in 2007. Its
charter gives it the responsibility for monitoring the adherence of The Wall
Street Journal and Dow Jones Newswires to the highest ethical and professional
standards. Appointment of the managing editor and the editorial page editor
require approval by the committee.

Thomas J. Bray, chair Lou BoccardiJack FullerNicholas NegroponteSusan Phillips

Contact: Thomas J. Bray, chair, Dow Jones Special Committee, +1-406-586-1112
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