NEW YORK, Sept. 27, 2010 (GLOBE NEWSWIRE) -- Dow Jones & Company today announced the appointment of Kevin P. Halpin as executive vice president and chief financial officer.
Mr. Halpin succeeds Stephen Daintith who is leaving to pursue a new opportunity after nearly six years at News Corp., including three years at Dow Jones.
Mr. Halpin will lead all finance functions and help set and support the strategic priorities for the news and business information company. Mr. Halpin will be responsible for business unit finance, procurement, tax, audit, administrative services and facilities. His appointment is effective Oct. 15, 2010, and he will report to Dow Jones Chief Executive Les Hinton.
"Dow Jones is growing even as it pioneers new products and new thinking in digital content. Kevin will be a key partner in our future, working closely with business leaders to achieve innovation and excellence for our brands," Mr. Hinton said.
"We are extremely grateful for Stephen's significant contributions at Dow Jones and for his role in helping to steer the company to achieve our growth goals and profitability. He has been an outstanding executive and friend," Mr. Hinton said.
Mr. Halpin comes to Dow Jones from its corporate parent News Corp., where he served as senior vice president finance for the past two years and as vice president finance from 2000 to 2008. At News Corp., Mr. Halpin was responsible for various corporate activities, including evaluating merger, acquisition and divestiture opportunities. He has been involved in a number of significant transactions, including being actively involved in the purchase of Dow Jones in 2007 and, most recently, the proposed BSkyB transaction. Earlier in his career, Mr. Halpin held positions with responsibility for financial planning and analysis, financial reporting and controls and treasury capital markets. He received his undergraduate degree from Georgetown University, a master's in business administration from Villanova University and is a CPA.
"I am eager to join Dow Jones, which has experienced significant expansion and growth with exciting new initiatives in its digital and enterprise businesses," said Mr. Halpin. "Dow Jones has created a multi-platform business model whose success has made it a stand out in the industry. I look forward to being a part of the potential that it's only beginning to realize."
About Dow Jones
Dow Jones & Company (www.dowjones.com) is a News Corporation company (Nasdaq:NWS) (Nasdaq:NWSA) (ASX:NWS) (ASX:NWSLV) (www.newscorp.com) and a leading provider of global news and business information. Its principal products include The Wall Street Journal, Dow Jones Newswires, Dow Jones Factiva, Barron's and MarketWatch. Through its Local Media Group, Dow Jones operates community-based newspapers and Web sites. Dow Jones also provides news content to television and radio stations.
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