Dow Jones picks Zannino to succeed Kann.

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  • Additional Information
    • Subject Terms:
      DOW Jones & Co. Inc. DJ
    • Subject Terms:
      ZANNINO, Richard; KANN, Peter
    • Abstract:
      This article reports that Richard Zannino, the new CEO of Dow Jones & Co., says that he will move aggressively to integrate the publisher's print and online sales staffs. Zannino says that the company will be able to stem the advertising losses that have led to a prolonged slump and caused five straight quarters of profit declines. He is being promoted from the post of COO to succeed the firm's current CEO Peter Kann. He joined the company in 2001 as chief financial officer. Kann will remain chairman of the company until 2007, when he reaches the company's mandatory retirement age of 65 years.