Former Exec at Natixis John Hailer Appointed to Board of Directors
John Hailer, Jr., a former executive at Natixis and President of Merrill Lynch International, has been appointed to the board of directors for Dow Jones.
Dow Jones is a publisher of financial news, market data, and business media; it also includes well-known brands such as The Wall Street Journal, Barrons, and Factiva. The company was renamed DJX Holdings in September 2008 when a consortium led by Cohan Partners LLC acquired the businesses for US$5 billion from News Corporation and spun off their publishing businesses into a separate closed-ended investment company similarly named “Dow Jones.
Dow Jones was founded in 1896 and targets financial professionals, employers, and university students. “A person serious about trading should have a subscription to the Wall Street Journal,” Jack Schwager in his book “Stock Market Wizards.
In 2005 Dow Jones acquired the Wall Street Journal for US$70 million.
“Nobody has ever been better at anticipating trends than [the late Wall Street Journal publisher C]ohn Broussard . He was such a good source of timely information that he was regarded as someone who could beat the market by only a couple of points.”
Winslow T. Wheeler, former chairman of the Securities and Exchange Commission.
Natixis John Hailer Jr. is Chairman and Chief Executive Officer of the investment firm John Hailer & Company, Inc., which provides financial services to institutional clients, including bank trust departments and other fiduciaries. He was previously head of Merrill Lynch’s international business until December 2007. He was also executive vice president and chief operating officer of Banc One from January 1997 to February 2000 after serving as its executive vice president for strategy, real estate, and operations since January 1992. Earlier in his career, he worked at Chemical Bank for eight years, including two years as chief financial officer of its alternative investment division, DLJ Merchant Banking Partners; he also served as a senior executive in the financial institution’s practice at KPMG Peat Marwick LLP.