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Bascobert named president of Bloomberg BusinessWeek

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New York—Bloomberg L.P. announced that Paul Bascobert has been named president of Bloomberg BusinessWeek, effective Jan. 4.

Bascobert joins Bloomberg BusinessWeek from Dow Jones & Co., where he was CMO of the company’s consumer media group. He will report to Daniel L. Doctoroff, president of Bloomberg.

“At a time when other media businesses are retrenching, Bloomberg is committed to leveraging its global news infrastructure to make Bloomberg BusinessWeek the most essential resource for business executives. I couldn’t think of a better time to be joining the company,” Bascobert said in a statement. He succeeds Keith Fox, who resigned as BusinessWeek president after Bloomberg announced it agreed to acquire BusinessWeek from McGraw-Hill Cos. Fox has remained with McGraw Hill.

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