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Thomson Named Top Editor at 'Wall Street Journal'

Robert Thomson was named the managing editor of The Wall Street Journal and editor in chief of Dow Jones late Tuesday. The announcement by Dow Jones Chairman Rupert Murdoch was at pains to emphasize that Thomson's appointment had been "unanimously endorsed" by the Special Committee of prominent outside journalists installed to preserve the independence of top editors from Murdoch's meddling.

Thomson replaces Marcus Brauchli, who was essentially forced to resign after a meeting with Dow Jones executives. CEO Les Hinton admits, "It would have more been appropriate to have advised the Special Committee in advance of reaching an agreement with Mr. Brauchli."

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