Les Hinton, steps down from News Corp. to be with Dow Jones

I remember Les Hinton as an ally of Billionaire Investor Rupert Murdoch in Australia and the Uk. This guys has incredible wits and business genius.

I guess the $5 billion Dow jones merger is indeed a very big deal. Hence, James Murdoch, Murdoch’s annointed son was promoted to replace Les. Kudos and Good Luck to Les.