Bloomberg L.P. Names New CEO

President Daniel L. Doctoroff was promoted to the spot

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Daniel L. Doctoroff, former deputy to New York mayor Michael Bloomberg and current president of Bloomberg L.P., has been promoted to CEO of the company effective August 1, reports The New York Times.

The 30-year-old company has been on an expansion kick in recent years, adding new properties like Bloomberg Businessweek, Bloomberg View, and Bloomberg Government. In June, it hired a new head of Bloomberg Television and launched a major ad campaign to promote the network.

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