Clare Hart to Head Dow Jones Enterprise Media Group
Dow Jones announced today a new organizational structure that will divide the company into consumer media, enterprise media, and community media. Clare Hart, formerly CEO of Factiva and a good friend of corporate libraries, has been promoted to take over the helm of the enterprise media portion of the business. Here’s the lowdown, from the press release, of her new responsibilities:
Enterprise Media Group
The Enterprise Media Group will include Dow Jones Newswires, Dow Jones Licensing Services, Dow Jones Indexes, Dow Jones Financial Information Services, Dow Jones Reprints and Permissions; and enterprise-facing joint ventures (including Factiva and Stoxx). It will be led by Clare Hart, who was previously CEO of the Company’s Factiva joint venture with Reuters, and will join the Company March 1, 2006 as executive vice president of Dow Jones and president of Dow Jones Enterprise Media Group. Ms. Hart will also be chairperson of Factiva. The priorities of this group will be to grow Dow Jones’ enterprise-facing franchises by monetizing them in all profitable enterprise media channels (e.g., newswires, newsletters, conferences, data bases, indexes, and licensing); adding more value to content with technology-enabled enhancements and new products; better segmenting customers, offerings and pricing; and developing new growth vehicles in attractive adjacent markets.
Reporting to Ms. Hart will be the following executives:
Jeff Davis, president, Dow Jones Licensing Services
Paul Ingrassia, president, Dow Jones Newswires
Mike Petronella, president, Dow Jones Indexes and Ventures
Scott Schulman, president, Dow Jones Financial Information Services
Congratulations, Clare!