Dow Jones Newspaper Fund Names Richard J. Levine as Its New President.PRINCETON, N.J. -- The Dow Jones Dow Jones
the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]
See : Finance Newspaper Fund (DJNF DJNF Dow Jones Newspaper Fund ), founded by Wall Street Journal editors in 1958 to improve the quality of journalism education and to encourage young people to seek careers in journalism, announced that it recently named Richard J. Levine, 63, as its new president.
In this role, Mr. Levine will chair the fund's board of directors, which consists of members from both inside and outside Dow Jones & Company. He succeeds Byron E. Calame, who served briefly as president, and Albert R. Hunt, who held the position for more than decade.
Mr. Levine, a pioneer in electronic publishing An umbrella term for non-paper publishing, which includes publishing online or on media such as CDs and DVDs. , will continue to serve as vice president and executive editor of 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 , the world's leading independent real-time business and financial news provider. In this position, he is responsible for the global news operations of Dow Jones' real-time business and financial newswires, which employ more than 850 journalists in 85 bureaus.
Dow Jones Newswires includes the Dow Jones News Service, the Capital Markets Report and Dow Jones' international newswires produced in partnership with the Associated Press Associated Press: see news agency.
Associated Press (AP)
Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. .
DJNF is funded largely by Dow Jones and the Dow Jones Foundation, which contribute nearly $1 million annually to support its programs and operations, including newspaper internships and scholarships for college students; journalism workshops for minority high-school students; a national high-school journalism Teacher of the Year award program; support for inner-city high-school newspapers; career information; and DJNF's Web site.
"Based on his distinguished work for The Wall Street Journal and Dow Jones Newswires over the years, Dick is an outstanding choice for this position," said Peter R. Kann, chairman and chief executive officer, Dow Jones & Company. "As an intern himself at the fund during his college years, Dick appreciates the fund's importance in attracting people to, and helping them prepare for, careers in journalism."
Mr. Levine was vice president and managing editor of Dow Jones Newswires from 1995 to 2001. From 1992 to 1995, he served as vice president and managing editor of Dow Jones Information Services See Information Systems. . From 1989 to 1992, he served as vice president and editorial director of Information Services, overseeing the group's domestic editorial operations, product development and business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets .
In 1987, Mr. Levine was promoted to vice president of the Information Services Group, with responsibility for guiding the commercial, technical and editorial operations of Dow Jones News/Retrieval and DowPhone. In 1980, he was named the Company's first editorial director of database publishing Using desktop publishing to produce reports of database contents. See desktop publishing. , after spending 14 years as a correspondent in the Washington bureau of the Journal, where his reporting was twice nominated for a Pulitzer Prize Pulitzer Prize
Any of a series of annual prizes awarded by Columbia University for outstanding public service and achievement in American journalism, letters, and music. Fellowships are also awarded. .
Mr. Levine holds a bachelor's degree in industrial and labor relations from Cornell University, and a master's degree from Columbia University's Graduate School of Journalism, where he was named a Pulitzer Traveling Fellow.