Bloomberg moves Lack, taps Smith

Written By Unknown on Senin, 29 Juli 2013 | 10.46

Andy Lack is getting kicked upstairs at Bloomberg.

The financial news-and-data firm has replaced Lack, CEO of its media division for the past five years, with Atlantic Media President Justin Smith, according to reports.

Lack has been named chairman of Bloomberg Media Group, while Smith is now CEO.

Bloomberg Editor-in-Chief Matthew Winkler — who lately got smacked in a scandal over the firm's reporters spying on its clients, as first reported by The Post — appears to have survived the tumult thus far.

Smith has aggressively developed the Atlantic's website since arriving at the stodgy magazine in 2007.

At Bloomberg, Smith will be tasked with overcoming the firm's pointy-headed, data-driven corporate culture.

"We know that every part of media is being disrupted by technology, and we need someone who understands that," Bloomberg CEO Daniel Doctoroff told the New York Times.

"Justin can drive things forward here because he has an incredibly digital sensibility with a unique understanding of the confluence of journalism and multiple platforms."


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