Dow Jones & Company Announces Two New Director Nominations.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 21, 2001 Dow Jones & Company announced today that two new individuals have been nominated to stand for election to the Company's Board of Directors at the April 2001 annual meeting of shareholders. If elected, they would serve until the Company's annual meeting in the year 2004. The nominees are Dieter von Holtzbrinck Dieter von Holtzbrinck (born 1942) is one of the heirs to the Holtzbrinck publishing empire, founded by his father in 1948. He was a director of the Dow Jones & Co. Inc. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Verlagsgruppe Georg von Holtzbrinck GmbH, and Elizabeth Steele, a member of the Bancroft Family, the controlling shareholders of Dow Jones. Mr. von Holtzbrinck, 59, has held his present position since 1980. The privately-held von Holtzbrinck Group publishes books (including Macmillan, St. Martin's Press, Henry Holt, and Farrar, Straus & Giroux Farrar, Straus & Giroux Publishing company in New York City noted for its literary excellence. It was founded in 1945 by John Farrar and Roger Straus as Farrar, Straus & Co. ), scientific and technical journals (including Scientific American and Nature), newspapers (including Handelsblatt, Die Zeit, and Der Tagesspiegel) and other print, electronic and broadcast products and services. Dow Jones owns 22% of Handelsblatt and the von Holtzbrinck Group owns 49% of The Wall Street Journal Europe under an alliance announced in 1999. Ms. Steele, 52, would succeed William C. Cox, Jr. as a director of the Company. Mr. Cox, 70, a director of Dow Jones since 1976, is retiring from the Board under the mandatory retirement provision of Dow Jones' bylaws. Ms. Steele is president of the Main Street Landing Company, Burlington, Vermont, and a member of the board of Shelburne Farms, Shelburne, Vermont. A former Head Start teacher, she holds a master's degree from Teachers College of Columbia University. Dow Jones & Company (NYSE NYSE See: New York Stock Exchange : DJ; dj.com) publishes The Wall Street Journal and its international and online editions, Barron's and SmartMoney magazines and other periodicals, Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July , Dow Jones Indexes and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, with Excite@Home of Work.com, and with NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. of the CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S. |
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