News Brief

Baker To EIC Dow Jones, ME For 'Wall Street Journal'

Gerard Baker has been named editor in chief of Dow Jones & Co. and managing editor of The Wall Street Journal, effective Jan. 1. Currently, Baker is deputy EIC of the WSJ, a post he has held since January 2009. He succeeds Robert Thomson, who has been tapped as CEO of a newly proposed publishing unit for News Corp. Dow Jones has a global news staff of 2,000 journalists in more than 80 bureaus worldwide, and The Wall Street Journal claims to be the largest newspaper in the U.S. by total average circulation. The Wall Street Journal Digital Network now boasts more than 1.3 million paid digital subscribers.

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