CNBC heads toward market close with a new executive about to come on board to manage its editorial ups and downs.
David Cho, formerly the top editorial executive at News Corp.’s Barron’s, will join the business-news outlet August 11 as its editor in chief, replacing both Dan Colarusso, senior vice president of CNBC’s business newsgathering and Jay Yarow, the executive editor of CNBC.com. The switch takes place as CNBC is about to be spun off with most of the other cable assets of NBCUniversal into a new company called Versant.
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