Wall Street Publisher Dow Jones Names Almar Latour as New CEO
Latour, who will start in his new role on May 15, is currently an executive vice president of Dow Jones and the publisher for the Barron’s Group, which includes Barron’s and MarketWatch, among other brands. Latour is a veteran of The Journal and Dow Jones having spent over two decades in various roles, moving up the ranks from staff reporter to managing editor of WSJ.com to executive editor of the Journal before being appointed publisher of Barron’s Group.
Under Latour, Barron’s Group achieved record audience, revenue and membership growth, according to a statement from News Corp., which owns Dow Jones. News Corp. also said that Latour led the transformation of WSJ.com into a modern digital operation, positioning it to build a digital audience of a million subscribers.
“I'd like to thank Rupert Murdoch, Lachlan Murdoch and Robert Thomson for their trust -- and for their deep and continued support for and investment in quality journalism and the national and international institution that is Dow Jones,” Latour said in a statement. “Our role is more important than ever before. Our millions of readers and users in the U.S. and beyond are all faced with uncertainty in time ahead and our unique brand of factual news and analysis serves to help them make decisions in business, finance and personal life.”
Latour takes the helm of the organization at a challenging time for news media companies, as publications see a big boost in readership, but plummeting advertising revenue amid the coronavirus pandemic. Dow Jones and its properties saw total consumer subscriptions hit a record 3.5 million in February.