Photographer: Daniel Acker/Bloomberg

business

Wall Street Journal Taps Matt Murray as Editor, Succeeding Gerard Baker

  • 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.

Gerard Baker

Photographer: Andrew Burton/Getty Images North America

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.

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