Lex Fenwick Exit From Dow Jones More About Results Than Personality

Lex Fenwick, the now former CEO of Dow Jones, may have been controversial, but at the end of the day it could have been a failed business strategy that led to his parting of ways with Rupert Murdoch’s division of News Corp. An announcement today on the Dow Jones website said that Fenwick will be replaced by William Lewis, News Corp’s chief creative officer, until a search finds a replacement. Speculation is that News Corp senior vice president of strategy Raju Narisetti is a top candidate to replace Fenwick. “The most flamboyant of Bloomberg’s old guard” Fenwick, once described by Vanity…