• December 6, 2004

BusinessWeek has moved quickly in replacing longtime Editor in Chief Stephen Shepard--tapping Stephen J. Adler, deputy managing editor of The Wall Street Journal and editorial director of its online edition, to replace him as of April 1, 2005.

Shepard recently announced his retirement, after 20 years as editor in chief, to become the founding dean of the new Graduate School of Journalism at the City University of New York.

Adler will join BusinessWeek in January, working with Shepard until his departure to ensure a successful transition.

Adler's career at the Journal goes back to 1988, when he joined the newspaper as its legal editor. He was named deputy page one editor in January 1997, and appointed deputy managing editor in 1999.

In 1985, Adler was named a National Magazine Award finalist for his American Lawyer article on the Union Carbide accident in Bhopal. His book, "The Jury: Trial and Error in the American Courtroom," won the American Bar Association's Silver Gavel Award in 1995.  With his wife, novelist Lisa Grunwald, he edited the bestselling "Letters of the Century" in 1999 and the forthcoming "Women's Letters: America from the Revolutionary War to the Present," to be published next year.