DowJones Chairmanship isn't going to Zannino

-Shomari Hines Perhaps the buck doesn't stop at DowJones CEO Dick Zannino, as the the company announced it will name Peter McPherson as his babysitter -AKA- Chairman. Oh wait, this is probably one of those things where the board doesn't want the Chairman & CEO title being held by one individual. "I look forward to continuing to work closely in this new capacity with my fellow directors, including Rich Zannino," McPherson said in a statement about the company's CEO. "The board believes Rich and his team are successfully executing the right strategy for the digital era. We are working to increase value for shareholders and customers by building on Dow Jones's heritage of journalistic excellence while developing new ways to provide vital business information to today's global audience." Dow Jones To Name Peter McPherson Chairman [E&P]