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Bloomberg Media CEO Justin Smith steps down

by Mike Robinson

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© Reuters. FILEPHOTO: New York Police officer standing outside Bloomberg headquarters, New York. U.S.A, October 25, 2018. REUTERS/Mike Segar

(Reuters) – Bloomberg Media Chief Executive Officer Justin Smith is stepping down, effective immediately, to start a new media firm, the Wall Street Journal reported https://www.wsj.com/articles/bloomberg-media-ceo-justin-smith-steps-down-to-found-news-startup-11641310893 on Tuesday.

Bloomberg Media didn’t immediately reply to a Reuters inquiry for comment.

Bloomberg is competing with Reuters news division Thomson Reuters Corp. In supplying news to media outlets.

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