Report: Former Dow Jones exec William Cox Jr. dies

NEW YORK (AP) - Former Dow Jones & Co. executive William Cox Jr. has died at age 82, according to the Wall Street Journal.

The Journal report cited unnamed people close to the family. Cox was part of the Bancroft family that controlled Dow Jones and the Wall Street Journal until they were sold to Rupert Murdoch's News Corp. in 2007.

The sale was contentious because the Journal had long been independent and members of the Bancroft family were divided about whether to sell or not. But eventually, News Corp. paid about $5 billion to acquire Dow Jones, which publishes the Journal.

Cox was Midwestern regional sales manager at Dow Jones and worked for the Wall Street Journal in London. He became executive director of client-relations and kept that post until 1997, according to the Wall Street Journal.

The reclusive Bancroft clan traces its association to Dow Jones back to 1902, when Boston newspaperman Clarence W. Barron bought control of the company founded 20 years earlier by Charles Dow, Edward Jones and Charles Bergstresser.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Top Stories

  • Bad Idea
    The man behind a staged child abduction apologizes for scaring young kids, parents

  • Oso Clean
    An army of volunteers is making sure mudslide searchers get to put on warm, dry clothes

  • Vacation Time
    Two airlines are battling for your business and you're the winner
ATTENTION COMMENTERS: We've changed our comments, but want to keep you in the conversation.
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.
comments powered by Disqus
Sign up for breaking news e-mail alerts from MyNorthwest.com
In the community
Do you know a student who stands out in the classroom, school and community?
Help make their dreams come true by nominating them for a $1,000 scholarship and a chance to earn a $10,000 Grand Prize. Brought to you by KIRO Radio and Comprehensive Wealth Management.

Do you know an exceptional citizen who has impacted and inspired others?
KIRO Radio and WSECU would like to recognize six oustanding citizens this year. Nominate them to be recognized and to receive a $2,000 charitable grant.