Not even a month after William Lewis announced his departure as Dow Jones CEO and publisher of The Wall Street Journal, News Corp. has named his successor.
Almar Latour, publisher and evp of sister publication Barron’s Group—which includes titles such as Barron’s, MarketWatch and Mansion Global—is the Dow Jones’ new CEO. He begins in this role May 15.
Latour’s promotion comes as all publishers innovate through an unstable advertising landscape as the world continues to navigate the headwinds of the global pandemic. Before Lewis’ announced departure, he told staffers in an email that the company was in “good shape.”
In February, The Wall Street Journal hit 2 million digital subscribers.
“Our role is more important than ever before,” Latour said in a statement. “Our millions of readers and users in the U.S. and beyond are all faced with uncertainty in time ahead and our unique brand of factual news and analysis serves to help them make decisions in business, finance and personal life.”
Latour began his career as a news assistant at The Wall Street Journal’s Washington, D.C. Bureau and rose through the ranks. As managing editor of digital operations in 2008, he oversaw a significant redesign of the Journal. Latour then went on to become the editor-in-chief at The Wall Street Journal and Dow Jones newswires in Asia.
In 2013, he was named the executive editor at The Wall Street Journal. He served in that role for three years before he was named evp, publisher of Barron’s Group.
“Almar Latour is patently well-equipped to helm the world’s pre-eminent journalism, business analysis and professional content company,” said Robert Thomson, chief executive of News Corp., in a statement.
News Corp. will announce 2020 third quarter earnings this Thursday after the closing bell.