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News Corp. Replaces Dow Jones CEO Lex Fenwick

Peter Kafka covers media and technology, and their intersection, at Vox. Many of his stories can be found in his Kafka on Media newsletter, and he also hosts the Recode Media podcast.

Dow Jones CEO Lex Fenwick is leaving the company after a two-year stint. Fenwick, who took over News Corp.’s financial publishing business after a long career at Bloomberg, is being replaced by News Corp. veteran William Lewis. News Corp. says it will be “reviewing the institutional strategy of Dow Jones,” which includes the Wall Street Journal. In its last reported quarter, News Corp. said Dow Jones revenue had declined seven percent compared to the previous year.

This article originally appeared on Recode.net.

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