UPDATE: News Corp. Vet Taking Over as Dow Jones CFO

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By: E&P Staff

Dow Jones & Company named Kevin P. Halpin as executive vice president and chief financial officer succeeding Stephen Daintith, effective Oct. 15.

Reuters reported that Daintith, 46, will succeed Peter Williams as finance director of Britain’s Daily Mail & Trust Finance Director. Williams is retiring after 19 years with the publisher of the Daily Mail.

Halpin joins 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.

Halpin was “actively involved” in News Corp.’s purchase of Dow Jones in 2007 as well as the proposed BSkyB transaction.

“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,” Dow Jones CEO Les Hinton said in a statement.

Daintith leaves after almost six years at News Corp., including three at Dow Jones, the company 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,” Hinton said.

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