Barron's Talent on the Move
Changes that should strengthen our coverage in the U.S. and abroad.
Of all the things I've been blessed with these past 16 years as editor of Barron's, none has been more important than our staff of talented journalists. As readers during that period, you have shown your approval for their work by keeping our print circulation steadily above 300,000 and by paying for 150,000 online subscriptions each year, allowing Barron's to be nicely profitable in an era of turmoil among publishing houses.
Now, I'm proud to say, we are making some changes to make our team even stronger. Reporting to me in the new position of executive editor will be Fleming Meeks, who during the past three years has created Barron's Daily Stock Alert, an electronic newsletter offering daily stock picks. Since January 2009, his group has bested the market by nearly seven percentage points. Few hedge funds can claim a record like that.
Left to right, Fleming Meeks, Phil Roosevelt, Richard C. Morais, Lawrence C. Strauss, Leslie P. Norton
Prior to starting the Daily Alert, Fleming was editor of SmartMoney magazine for four years, vastly improving its investment coverage. Before that, he worked at Barron's as an assistant managing editor for three years. He also spent time in senior positions at Money magazine and Forbes, where he started his journalism career 25 years ago.
I worked alongside Fleming back then, and I recall being impressed at how he transformed himself from a published poet into one of the savviest writers covering companies and business.
In addition to overseeing all of Barron's editorial work, Fleming will develop our new CEO Spotlight feature and upgrade our mutual-fund coverage.
Moving up to deputy managing editor is Phil Roosevelt, who has served as an assistant managing editor since joining Barron's eight years ago. Phil and I first worked together in 1990 at American Banker, a respected trade publication he later went on to run. I remember thinking that if Phil could write gracefully about mortgage-backed securities, which he did on a daily basis, he could write gracefully about anything.
Sure enough, at Barron's, Phil has done just that, bringing to life our issues that rank financial advisors, as well as the two-year-old Penta, our highly successful quarterly section for families with assets of $5 million or more.
We are expanding Penta's online presence with regular stories from Richard C. Morais, who is joining Barron's as a contributing editor. Richard spent 24 years at Forbes, most of it overseas, often writing about wealthy families and private banking. He just completed his second novel, Buddhaland Brooklyn, due out from Scribner in July 2012. His first, The Hundred-Foot Journey, is the charming story of a young boy from India who grows up to become a world-renowned chef in France. The paperback edition came out this summer.
Richard and I first worked together at Forbes 25 years ago on a cover story about Canada. We noted that our northern neighbor was shedding much of its socialist past and that, as a result, the Canadian dollar, then trading for 69 U.S. cents, was a good long-term bet. Last week, it was trading at 97 cents. Enough said.
Top: Kopin Tan, Jonathan Buck; bottom: Vito J. Racanelli, Beverly Goodman
Moving up to write our CEO Spotlight is Lawrence C. Strauss, who for three years has penned our weekly investment interview, one of the most-read features in the magazine and on Barrons.com. So far, in CEO Spotlight, Lawrence has profiled FedEx's Fred Smith, BlackRock's Larry Fink, Hasbro's Brian Goldner and Bill Weldon of Johnson & Johnson. Many more CEO luminaries are lined up to follow.
Lawrence is a 13-year Barron's veteran and a graduate of Columbia's Knight-Bagehot fellowship program for financial journalism.
Succeeding Lawrence on our weekly interview, is Leslie P. Norton, who has been with Barron's 17 years, the last 10 of them as our Asia editor. A graduate of Yale, Leslie recently wrote a prescient cover story on China's military buildup and, with Bill Alpert, an award-winning piece on the dangers posed to investors by shaky Chinese companies that list their shares on U.S. markets through reverse mergers.
Our new Asia editor will be Kopin Tan, who for the past five years has done an outstanding job writing our influential Trader column. Before that, Kopin served as our options columnist for about three years. He joined Dow Jones Newswires in late 1998. A former lawyer and a graduate of New York University's journalism master's program, Kopin during the past year has found time to examine the prospects for starting a Mandarin-language edition of Barron's in China. No decision on that yet.
Taking over the Trader column is Vito J. Racanelli, who has been our Europe editor since 2000. In the past year or so, Vito has written smart cover stories on buying European blue chips amid the Continent's turmoil, and on investing wisely in the stock market's final frontier, Africa. Before joining Barron's 13 years ago, he worked eight years for the Dow Jones Newswires, the last four of them in Milan, as bureau chief for Italy.
Succeeding Vito as Europe editor will be Jonathan Buck, a news editor in London for Dow Jones Newswires. Before joining the Newswires, Jon worked for 16 years in Asia, Europe and the U.S. as an editor with The Wall Street Journal, the last two of them as deputy national news editor, based in New York. Jon, who has written many European Trader columns for Barron's the past three years, will continue to be based in London.
Joining Barron's as mutual-fund editor is Beverly Goodman, who spent the past two years as managing editor of Fidelity's online home page, and before that worked at SmartMoney for nearly six years, rising to the position of senior editor. Prior to that, Beverly worked at the Street.com and at Red Herring and Money magazines.
Please join me in congratulating these highly talented journalists. In the years ahead, their work will make Barron's even more enjoyable and profitable for you.
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