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Thursday, 04 September 2014 - 13:32
Bloomberg to return as head of media empire
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Former New York Mayor Michael Bloomberg is to return as head of his media and financial information empire after the company's president and chief executive Dan Doctoroff stepped down.

A statement on Bloomberg's website said the company's 72-year-old founder was returning to head the business "with support from the existing leadership team" following Doctoroff's departure.

Doctoroff had spent six years as Deputy Mayor for Economic Development in Bloomberg's New York administration before joining the tycoon's company as President in 2008 and later becoming chief executive in 2011.

 
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