DME Deogun leaving WSJ for CNBC

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TALKING BIZ NEWS EXCLUSIVE

Nik Deogun, a deputy managing editor at The Wall Street Journal, is leaving the paper to become managing editor of CNBC .

When reached by Talking Biz News, Deogun declined to comment, as did CNBC spokesman Brian Steel. But an announcement is expected soon.

CNBC has hired former Journal staffers in the past, including chief economics correspondent Steve Liesman and Charles Gasparino.

Deogun is deputy managing editor, international, a position he has held since July 2008. He oversees the paper’s global network of bureaus and correspondents.

Previously, he was the editor of the Money & Investing section since March 2007. He was responsible for coverage of Wall Street, banking, hedge funds, private equity, mutual funds, financial markets, investing and personal finance.

Deogun was deputy chief, beginning in March 2004, of the paper’s Washington bureau. In this post, Deogun’s focus was on overseeing business and regulatory coverage in addition to shepherding special projects. He also helped manage the bureau’s day-to-day operations.

In August 1994, Deogun joined The Journal as a reporter for Southeast Journal, worked on the section’s October 1994 launch and wrote the “Heard in the Southeast” column and regional stories. He became a reporter in the news bureau in Atlanta in July 1995, covering the banking industry, and later covered beverages and consumer products in addition to regional news.

He transferred to the New York news bureau as a reporter in June 1999 and covered mergers and acquisitions and corporate finance for the paper’s Money & Investing section.

Deogun was named Media and Marketing Editor in November 2001. In that post, he oversaw a team of reporters and editors covering entertainment, publishing, advertising, consumer products, fashion, retail and other industries.

Previously, Deogun spent a year as a reporter for the Atlanta Business Chronicle.