The Rich Zannino ScorecardJon Fine
Took over as CEO of Dow Jones: Feb, 2006. Date of Departure from Dow Jones: upon the completion of the News Corp. acqusition of Dow Jones. (Read: soon.)
Financial Results, 2006 Revenues: $1.78 billion, up 6.6% Operating Income: $104.5 million, up 8.8% Operating Margin: 5.9%, up from 5.7%.
Financial Results, First Nine Months of 2007 Revenues: $1.53 billion Operating Income: $104.6 million Operating Margin: 6.8%, up from 4.3%
Let's set aside the sale of the company to News Corp.-- a notion which, after all, originated with Rupert Murdoch and was blessed (after much sturm und drang) by the Bancroft family--and let me know your answer this question:
Is this a performance worth a $19 million payout?