News Corp. named Bloomberg LP executive Lex Fenwick as its new CEO of The Wall Street Journal parent Dow Jones & Co., ending a search that began after Les Hinton left in July, a casualty of the phone-hacking scandal that’s embroiled the company in Britain.
Former Dow Jones CEO and Wall Street Journal publisher Les Hinton, who has been keeping a low profile since he resigned last July in connection with the News of the World hacking scandal, is being dragged back into the spotlight to
A month since the phone-hacking scandal claimed Dow Jones & Co. CEO Les Hinton, his lack of successor is turning out to be another elephant in the room for News Corp.
Members of Congress are still making noise here and there about News Corp.'s phone hacking scandal, but they keep on asking others to take on the tough task of actually investigating the hacking, and whether it happened here, rather than moving to do it themselves.
Dow Jones CEO Les Hinton is resigning from his position, becoming the latest (and first American) casualty of the News Corp. phone hacking scandal.