Photographer: Daniel Acker/Bloomberg
Wall Street Journal Taps Matt Murray as Editor, Succeeding Gerard BakerBy
Former editor-in-chief will host a TV show on Fox Business
Murray had been serving as the Journal’s executive editor
Matt Murray was named editor-in-chief of the Wall Street Journal and Dow Jones Newswires, succeeding Gerard Baker, who is moving to a new position after 5 1/2 years atop the widely read business newspaper.
Baker will become editor at large and host a television program on Fox Business Network, Journal owner News Corp. said Tuesday in a statement. He’ll also host conferences for the newspaper.
Murray, an executive editor at the Journal, takes over a newspaper that remains required reading for investors and business people. He has been with the company since 1994. Under Baker, the publication’s daily circulation grew by more than a third, according to the company.
Parent News Corp. is controlled by Rupert Murdoch and his family, which holds a 39 percent voting stake in the company. The Murdochs also control 21st Century Fox Inc., the parent of the Fox News Channel and Fox Business Network.
Bloomberg competes with News Corp. units in providing financial news and information.