Early next year Nikhil Deogun, one of the top editors at the Wall Street Journal, will become CNBC’s new managing editor.
Deogun is the Journal’s international editor and a deputy managing editor. He was a well-respected mergers and acquisitions reporter before becoming an editor, first for the media and marketing pages and later for the money and investing section. He also served as deputy bureau chief in Washington, D.C.
The hiring of Mr. Deogun is something of a coup for CNBC, as executives at the News Corporation, the owner of the Journal, had tied to persuade him not to depart the company, people close to the parties involved said. News Corporation operates a fledgling competitor to CNBC, the Fox Business Network.
Read more from the New York Times.