Brauchli’s unfinished News Corp business
Marcus Brauchli could have looked forward to a pleasant summer vacation before digging into his new job in September as The Washington Post’s new executive editor, but instead he will punch the clock like the rest of us.
In an interview with Reuters on Tuesday, the former Wall Street Journal managing editor said he plans to wrap up his consulting work with News Corp on a project in Asia. We don’t know the details, but it was part of an agreement tied to his resignation from the Journal after News Corp chief Rupert Murdoch let him know that his services at the paper would no longer be needed.
“It’s very interesting and productive,” was all Brauchli would say about it.
He reportedly took home a decent severance package for resigning only about a year after Dow Jones’s previous management named him as the Journal’s top editor. Some reports say it was $3 million to $5 million. Brauchli would not comment on the amount, nor would he say whether he’s keeping it now that he has a new job and won’t be enriching News Corp’s Asian business.
We also asked him about what he told Murdoch and new Journal editor Robert Thomson about his prospects at the Post. “Of course, I kept News Corp informed,” he said. He did not say if Murdoch or Thomson had any words of advice for him.
(Photo courtesy of The Washington Post)