News Corp. to Name Publishing CEO

    NEW YORK, NY - OCTOBER 18:  (L-R) Robert Thomson, Patrick Kinmonth and Publisher of WSJ. magazine Anthony Cenname attend WSJ. Magazine's "Innovator Of The Year" Awards at MOMA on October 18, 2012 in New York City.  (Photo by Andrew H. Walker/Getty Images)

    Andrew H. Walker

    That's what friends are for. According to sources familiar with News Corp's plans, the group is expected to name Robert Thomson—a close friend and confidant of chairman and CEO Rupert Murdoch—as the leader of its new publishing company by the end of next week. The Australian-born Thomson is currently managing editor of The Wall Street Journal and editor in chief of its publisher Dow Jones & Co., which News Corp. acquired in 2007. Among the key decisions that will fall on Thomson's plate, if selected, include how to save the financially troubled New York Post and whether or not to acquire other U.S. newspapers.

    Read it at Reuters