Thomson Named Editor-in-Chief of Dow Jones and Managing Editor of The Wall Street Journal

Robert Thomson has been appointed Editor-in-Chief of Dow Jones and managing editor of the Wall Street Journal, effective immediately.

The Dow Jones Special Committee today unanimously endorsed Mr. Thomson's appointment following his nomination by the Company last week.

Mr. Thomson will oversee the news section of the Wall Street Journal and the editorial operations of Dow Jones News Wires. Neal Lipschutz, News Wires managing editor, will report to Mr. Thomson. Paul Gigot, Editorial Page Editor of the Journal, will report to Mr. Hinton, who will assume Mr. Thomson's role as Publisher of the Wall Street Journal in addition to his existing duties.