WSJ Deputy Managing Editor Heading to CNBC

By kevin Comment

deogun_12-14.jpgCNBC is preparing to bring Wall Street Journal deputy managing editor Nik Deogun on board as the network’s new managing editor, reports the NYTimes.

Talking Biz News reports that Deogun has held the WSJ position since July 2008, overseeing “the paper’s global network of bureaus and correspondents.” Deogun had also been the editor of the Money & Investing section and deputy chief of the Washington bureau.

Charlie Gasparino and Steve Liesman were also WSJ staffers that moved CNBC.

The Times also reports:

As managing editor, Mr. Deogun will be responsible for day-to-day business news coverage and long-term strategy. The network’s current managing editor is Tyler Mathisen who, according to a CNBC employee who asked for anonymity because he wasn’t authorized to speak on this issue, will become a vice-president at the network and return to TV as an anchor for “Power Lunch.”

Update: It’s official. Senior VP Jeremy Pink sent a message to CNBC staffers announcing both Mathisen’s promotion and Deogun’s hiring. Deogun will start at CNBC next February.

Full note after the jump.

I am pleased to announce that Tyler Mathisen will become an anchor on “Power Lunch” and be promoted to Vice President for Strategic Editorial Initiatives. In this role, Tyler will work closely with Business Development and Marketing to lead editorial input on CNBC’s strategic initiatives and alliances as we extend the CNBC brand outside of the core TV platform. Tyler will play a critical editorial role as CNBC continues to evolve and deliver business news, information and analysis in real-time to our viewers and users where and when they want it. This new role is a natural next step from Tyler’s role as Managing Editor where, in addition to overseeing our daily content and coverage, he was responsible for our long-term editorial strategy. Tyler will also continue to represent CNBC at major events, conferences and symposiums around the world.
I’d like to congratulate Tyler on this well-deserved promotion. His keen insight and steady hand were never more evident than in the last year as CNBC cemented its status as First in Business Worldwide during our extensive coverage of the financial crisis.

I am also pleased to announce the appointment of Nik Deogun to Managing Editor for Business Day programming reporting to me. Deogun comes to CNBC from The Wall Street Journal, where he was the Deputy Managing Editor, a position he has held since July 2008. Deogun oversaw all financial coverage for the news organization and directed the Journal’s international network of bureaus and correspondents. Prior to this, Deogun was editor of the Money & Investing section, where he oversaw coverage of Wall Street, banking, hedge funds, private equity, mutual funds, financial markets, investing and personal finance. From March 2004, Deogun was Deputy Chief of the Journal’s Washington bureau. In this role, he focused on overseeing business and regulatory coverage in addition to shepherding investigative projects. Deogun joined The Wall Street Journal as a reporter in Atlanta in 1994 and moved to the New York bureau in June 1999 where he covered mergers and acquisitions and corporate finance for the paper’s Money & Investing section. Deogun later spent three years as editor of the Media & Marketing section where he oversaw coverage of entertainment, publishing, advertising, consumer products, fashion, retail and other industries.

Nik grew up in Calcutta, India and attended the Doon School in India. He earned a bachelor’s degree and graduated summa cum laude from Muskingum College in New Concord, Ohio. He then received a master’s degree from the University of Missouri’s School of Journalism. He is married and has two children.

I am thrilled CNBC will benefit from Nik joining the team. Nik’s extensive experience covering Wall Street, investing and international news stories makes him uniquely qualified for this critical role in our organization. He will join CNBC in February 2010.

Please join me in congratulating Tyler again on his promotion and welcoming Nik as the newest member of our great leadership team.