New Executives Bring Decades of Experience in Financial Services Product Development and Strategy
NEW YORK, Feb. 19 /PRNewswire/ -- Dow Jones & Company, a News Corporation company (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV), today announced that it has hired four industry veterans to join strategic teams focused on designing and delivering new products and services that meet the unique needs of investment banking, sales & trading, and wealth management professionals.
"We see a unique opportunity to combine news and technologies to help financial professionals find a real competitive edge, no matter how markets are performing. These executives bring deep industry experience and a strong understanding of when and how news is used by investment banking, sales & trading, and wealth management professionals to create the greatest advantage and profit," said Clare Hart, president of Dow Jones Enterprise Media Group.
The new positions are:
- Ian Rosen, global director of strategy solutions management for Dow Jones Investment Banking Solutions
- Christopher Young, global director of strategy solutions management for Dow Jones Wealth Management Solutions
- Robert Passarella, global director of strategy solutions management for Dow Jones Sales & Trading Solutions
- Nat Subsin, senior manager for Content News & Analysis within Dow Jones Sales & Trading Solutions
Mr. Rosen will focus on driving Dow Jones clients' investment banking businesses with idea generation, deep industry analysis and executive connection capabilities. He will report to Michael Porch and will be based in Princeton. Previously, Mr. Rosen led product management for information businesses at Fortent, Inc., a financial technology firm. Prior to that, he spent four years as vice president at Thomson Financial where he helped launch Thomson ONE Investment Banking and was responsible for Investment Banking segment strategy. Prior to that, he held positions at Goldman Sachs and Accenture. Mr. Rosen graduated with highest honors from the University of Michigan, Ann Arbor.
Mr. Young will focus on delivering content and functionality that enhance the workflow of Dow Jones Wealth Management's clients. He will report to William O'Conor and will be based in Princeton. Mr. Young's 15 years of experience include executive positions at Thomson Reuters, ComVest Investment Partners, the CIT Group and Ernst & Young. Mr. Young is a visiting professor in the Economics Department at Seton Hall University. He earned a Doctor of Philosophy degree in Political Economics and a Master of Business Administration degree from Rutgers University.
Mr. Passarella will be responsible for setting Dow Jones Sales & Trading's strategic direction, focusing on algorithmic and electronic sales and trading offerings. He will report to Joseph Lanza and will be based in New York. Most recently, Mr. Passarella was managing director and product manager for equity research at Bear Stearns. Prior to that, he held senior positions at JPMorgan Chase, Merrill Lynch and Morgan Stanley. Mr. Passarella earned his Master of Business Administration from Columbia University and a Bachelor of Business Administration from Bernard M. Baruch College of the City University of New York.
Mr. Subsin will develop news and content analytical capabilities and services, focusing on how news is used to drive customer trading and investing. He will report to Robert Passarella and will be based in New York. Previously, Mr. Subsin held positions at Morgan Stanley and Deutsche Bank. He earned his Master of Science in Industrial and Financial Engineering from Columbia University and a Bachelor of Computer Engineering from the University of Michigan, Ann Arbor.
ABOUT DOW JONES
Dow Jones & Company (www.dowjones.com) is a News Corporation company (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV; www.newscorp.com). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S.
