The Cracker Squire is in mourning today: The Wall Street Journal's Managing Editor Expected to Resign.
According to Time and The Wall Street Journal, the carnage at The Wall Street Journal continues.
Marcus Brauchli was named to the paper's top job almost exactly a year ago, replacing Paul Steiger, who had held the job since 1991. Brauchli received a standing ovation in the newsroom when his appointment was announced and was viewed as someone who would safeguard the paper's credibility in the face of Rupert Murdoch's ultimately successful attempt to purchase Dow Jones.
Brauchli reportedly tried to find a middle path between the paper's traditionalists and Murdoch's new vision for the paper.
The Journal's publisher, Robert Thomson, a native of Australia, is expected to become interim managing editor of the paper.
After acquiring Dow Jones, Mr. Murdoch moved swiftly to overhaul the business side of the company. Most key Dow Jones executives relinquished their posts, including the chief executive, chief financial officer, Journal publisher, general counsel, and others.
Marcus Brauchli was named to the paper's top job almost exactly a year ago, replacing Paul Steiger, who had held the job since 1991. Brauchli received a standing ovation in the newsroom when his appointment was announced and was viewed as someone who would safeguard the paper's credibility in the face of Rupert Murdoch's ultimately successful attempt to purchase Dow Jones.
Brauchli reportedly tried to find a middle path between the paper's traditionalists and Murdoch's new vision for the paper.
The Journal's publisher, Robert Thomson, a native of Australia, is expected to become interim managing editor of the paper.
After acquiring Dow Jones, Mr. Murdoch moved swiftly to overhaul the business side of the company. Most key Dow Jones executives relinquished their posts, including the chief executive, chief financial officer, Journal publisher, general counsel, and others.
posted by Sid Cottingham | 6:02 AM
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