OUT WITH THE OLD: The changes keep coming at Bloomberg News. Its senior executive editor, Laurie Hays, is leaving. Her departure perhaps comes as no surprise: Hays, who was widely expected to be named editor in chief of the news division, was passed over for the top job last month. Instead, in a somewhat surprising move, Michael Bloomberg, who retook the reins as head of his namesake media firm in the fall, appointed John Micklethwait as the division’s editor. He replaces Bloomberg News founding editor Matthew Winkler, who has become the organization’s editor in chief emeritus.
Micklethwait, who served as editor of The Economist since 2006, joined Bloomberg this month.
While at Bloomberg, Hays supervised more than 1,100 reporters and oversaw global coverage of markets, finance, companies, government and economy. She joined Bloomberg in 2008, following a 23-year career at The Wall Street Journal.
Insiders at Bloomberg said they we not surprised by Hays’ decision to leave the company in light of the Micklethwait appointment.
A spokesperson from Bloomberg did not respond to requests seeking comment.