Dow Jones CEO William Lewis to Step Down
News Corp, which owns Dow Jones, said a successor to Mr Lewis would be announced in the “coming weeks”, and that Lewis will continue to work for the next month.
Lewis took the top job in May 2014, after serving as Interim CEO beginning in January 2014. He simultaneously took on the role of publisher of the Wall Street Journal, successfully guiding the newspaper through an industry-wide shift towards online readership.
Before he became the Chief Executive of Dow Jones, Mr. Lewis was an executive at News Corp., which is controlled by Rupert Murdoch. In 2010 Lewis became Group General Manager at News International (now News UK) and was made Chief Creative Officer at News Corp in 2013.
He was previously a reporter and newspaper editor in his native Britain. He served as Editor-in-Chief of the Telegraph Media Group, and as Business Editor of The Sunday Times and Global News Editor of the Financial Times.
“There is never a good time to be leaving the best job in U.S. media. But after six years as CEO of Dow Jones and Publisher of The Wall Street Journal, it is time to move on. The company is in the best shape it has been for years, and more than ready to withstand the changing economic conditions. Thank you in particular to Rupert and Lachlan Murdoch and Robert Thomson and my amazing colleagues for all their support over the years,” said Mr. Lewis.
“We will miss him, but we respect his decision to be in London full time with his family,” said Robert Thomson, News Corp Chief Executive.