Dow Jones stalwart Warren Phillips dies at 92
The former CEO began as a copy reader for The Wall Street Journal before taking the reins of the indispensable business newspaper
Washington — Warren Phillips, the former CEO of Dow Jones and publisher of its flagship The Wall Street Journal as the newspaper became the largest US daily by circulation, has died. He was 92. Phillips died on Friday at his home in Bridgehampton, New York, the Journal said. Fresh from college in 1947, Phillips took an entry-level position at the Journal — “then a thin, 100,000-circulation financial paper downtown at 44 Broad Street”, he recalled in his 2011 memoir. When he retired in 1991, having led the news side for 13 years and the business side for 16, the Journal had a circulation of 1.9-million, editions for Europe and Asia and several Pulitzer Prizes. As Phillips rose from copy reader to executive editor to CEO, the Journal became the indispensable newspaper of the business world. In 1979, it overtook the New York Daily News to become the nation’s largest daily, with circulation of almost 2.1-million in 1983 before backsliding for several years. Phillips and two appointees...
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