Dow Jones CEO resigns due to phone-hacking scandal

10:27, July 16, 2011      

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Les Hinton, chief executive officer of Dow Jones, resigned on Friday, as the phone-hacking scandal made him the target of criticism.

In his resignation letter, he apologized to those who were hurt by the actions of the News of the World and said he was "ignorant" of what happened and felt it was proper for him to resign from News Corp, the parent of Dow Jones.

Along with Hiton, Rebekah Brooks, the CEO of News Corp.'s subsidiary company News International, also resigned earlier Friday.

Hinton, aged 67, who was also the Wall Street Journal' s publisher, has work for Murdoch's News Corp. for more than 5 decades. His departure was the latest development of News Corp's phone-hacking scandal.

Source: Xinhua
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