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News Corp. said Tuesday that the chief executive officer of its Dow Jones & Co. unit has departed.
Lex Fenwick, who served as Dow Jones' ceo since February 2012, will be succeeded by interim-ceo William Lewis, News Corp.'s chief creative officer.
The news signals a larger change at News Corp., which said it is in the process of "reviewing the institutional strategy of Dow Jones with an eye towards changes that will deliver even more value to its customers."
According to Robert Thomson, ceo of News Corp., there are plans in the works to improve DJX, which is its one-year-old information service that includes properties such as Factiva.
“We will also be redoubling our efforts to develop The Wall Street Journal and its digital properties globally, which continue to serve the world’s most influential readers with the most authoritative news and analysis,” said Thomson.
News Corp. reports second-quarter earnings on February 6.
RELATED STORY: News Corp. Sells Dow Jones Local Media Group >>