Tag Archives: Awards
by Chris Roush
The UCLA Anderson School of Management, which administers the Loeb Awards for Distinguished Business and Financial Journalism, named finalists and award winners on Tuesday.
The 2007 Lifetime Achievement Award recipient is Matthew Winkler, editor-in-chief of Bloomberg News. This annual award recognizes an individual whose career exemplifies the consistent and superior insight and professional skills necessary to further the understanding of business, financial and economic issues.
Dan Kelly, the news editor of page one at the Wall Street Journal, will receive the 2007 Lawrence Minard Editor Award, named in memory of Laury Minard, founding editor of Forbes Global and a former final judge for the Loeb Awards.
This award honors excellence in business, financial and economic journalism editing and recognizes an editor whose work does not receive a byline or whose face does not appear on the air for the work covered.
Winkler and Kelly will receive their career achievement awards at the 2007 Loeb Awards dinner, Monday, June 25,Â in New York City. Winners in the 12 competition categories, including the new feature writing category, will be announced from among the following finalists, which were chosen from among a record 433 entries.Â Â
The finalists in the large newspapers category (circulation of more than 350,000) are:
Gretchen Morgenson, Julie Creswell, Geraldine Fabrikant and Louis Uchitelle for “Gilded Paychecks” in The New York Times;
Alan Murray, Steve Stecklow, Charles Forelle, John R. Wilke, Rebecca Buckman, Peter Waldman, Joann S. Lublin, George Anders, Pui-Wing Tam and John R. Emshwiller for “The Hewlett-Packard Spying Scandal” in The Wall Street Journal;
Charles Forelle, James Bandler, Mark Maremont and Steve Stecklow for “The Secretive Backdating of Option Awards for Corporate Executives” in The Wall Street Journal;
Dan Morgan, Gilbert M. Gaul and Sarah Cohen for “Harvesting Cash” in The Washington Post.
Read more of the finalists here.
by Chris Roush
Diana Henriques of The New York Times will receive the Elliott V. Bell Award from the New York Financial Writers’ Association next month at its annual dinner. The award is given â€œto an outstanding journalist for a significant long-term contribution to the profession of financial journalism.â€?
The dinner will be June 1 at the Marriott Marquis in Times Square in New York. The keynote address will be given by Congressman Charles Rangel, chairman of the House Ways & Means Committee.
Past winners of the Bell Award, named after a former editor of BusinessWeek, includeÂ CNNâ€™s Myron Kandel, Bloomberg Newsâ€™ Matt Winkler and the Wall Street Journalâ€™s Barney Calame.
Henriques joined The Times in October 1989 as a financial reporter. Before that, from July 1986, she was a writer for Barron’s.Â Since joining The Times, she has specialized in reporting on financial fraud, white-collar crime and corporate governance issues.
After the Sept. 11 terrorist attacks, Henriques worked with the Metro reporter David Barstow, covering the management of billions of dollars in charity and victim assistance as part of the paper’s award-winning section “A Nation Challenged,”Â and chronicling the fate of Cantor Fitzgerald, the Wall Street firm that suffered the largest death toll in the attacks.
She was a member of The Times reporting team that was a Pulitzer finalist in 2003 for its coverage ofÂ the business scandals of the previous year. She was also a member of the reporting team that won the 1999 Gerald Loeb Award for deadline reporting, in the large newspaper division, for coverage of the near-collapse of Longterm Capital Management, a hedge fund whose troubles rocked the financial markets in September 1998.
And she was one of four reporters honored for a 1996 series on how wealthy Americans can legally sidestep taxes; the four reporters were finalists, in the large newspaper division, for the 1996 Loeb Award, and were winners of the large newspaper division prize for investigative reporting awarded by the Deadline Club, the New York City chapter of Sigma Delta Chi, the Society of Professional Journalists.
Previously, Henriques worked for The Trenton Times and the Philadelphia Inquirer.
by Chris Roush
The G. and R. Loeb Foundation and UCLA Anderson School of Management announce changes Monday to the final judging panel of the Gerald Loeb Awards for Distinguished Business and Financial Journalism.
Named as new final judges are: Matthew Bishop, bureau chief, The Economist; Douglas Frantz, managing editor, Los Angeles Times; Chrystia Freeland, U.S. managing editor, Financial Times; Daniel Hertzberg, senior deputy managing editor, The Wall Street Journal; Andrew Serwer, managing editor, Fortune; and Jonathan Wald, senior vice president, business news, CNBC.
The Loeb Awards, considered the Pulitzer Prize of business journalism, recognize journalists who have contributed to the publicâ€™s understanding of business, finance and the economy. Loeb Awards final judges serve as advisors to the program and are responsible for selecting winners from among the finalists in the competition categories, as well as the recipients of the career honors, the Lifetime Achievement Award and Lawrence Minard Editor Award.
“All of us affiliated with the Loeb Awards are very pleased to have these leaders in journalism and business news join our esteemed panel of Loeb Awards final judges,” said Richard Rodner, associate dean of marketing and communication at UCLA Anderson and president of the G. and R. Loeb Foundation. “Their professional perspective will contribute greatly to our efforts to continually enhance and ensure the relevance of the Loeb Awards program.”
TheÂ new final judges replace Lionel Barber, editor, Financial Times; Rik Kirkland, global editor, Fortune; Glen Rochkind, former vice president, business news, CNBC; Paul E. Steiger, vice president and managing editor, The Wall Street Journal; and Matthew Winkler, editor-in-chief, Bloomberg News.
The new Loeb Awards judges will be joining a leaders in the industry who will be continuing on the panel, including Stephen J. Adler, editor-in-chief, BusinessWeek; Amanda Bennett, executive editor, enterprise, Bloomberg News; Jane Berentson, editor, Inc.; Lou Dobbs, anchor and managing editor, ‘Lou Dobbs Tonight,’ CNN; Steve Forbes, president and editor-in-chief, Forbes; John Hillkirk, executive editor, USA Today; Robert G. Kaiser, associate editor, The Washington Post; Glenn Kramon, assistant managing editor, The New York Times; Judy D. Olian, dean, UCLA Anderson School of Management; and Allan Sloan, Wall Street editor, Newsweek.
Read more here.
by Chris Roush
Wired magazine received a National Magazine Award in the general excellence category for magazines with a circulation betwene 500,000 and 1 million. The Economist was a finalist in the category.
According to Chicago Tribune writer James Warren, here is what the judges said about Wired: “More chic than geek, Wired brings depth and delight to any topic, from clever gadgets to world-changing ideas. At a time when technology is more pervasive than ever, the magazine guides its readers with a friendly voice, an engaging design and a free-ranging intelligence.”
In addition, BusinessWeek received an award in the interactive service online category for its B-School Channel feature on its web site. The magazine was also a finalist in the general excellence online category.
Warren noted: “A new category, for service features on the Web, it cited this adjunct to old stalwart Business Week as having built upon the weekly’s annual graduate school rankings and created ‘a deeply rich and satisfying environment that really makes the grade.’”
by Chris Roush
The Detroit Press Club Foundation presented its 2007 Wheel Awards for excellence in automotive in journalism at the Automotive Hall of FameÂ ThursdayÂ evening, and theÂ top honor, the Golden Wheel Award, went to reporter Ron French of The Detroit News for his series “The General and The Beast” on health care costs at General Motors Corp.
According to the judges at the Medill School of Journalism, Northwestern University, led by Senior Assistant Dean Richard Roth, “This exhaustive examination of health care systems not only showed us GM’s prodigious problems, but also the problems — including nothing less than world economic competitiveness — that all the rest of us in the United States face or could face . . . This series, in a word, is terrific. It should be required reading for anyone running for president.”
The series also won first place in the “Newspaper News Story or Subject- Related Series” category. Earlier this year, it won first place in the “Newspaper Reporting” category in the Michigan Excellence in Journalism Competition, also sponsored by the DPCF.
Read about other winners here.
by Chris Roush
The Press Club of Dallas is investigating whether its former president, who until recently was the Dallas bureau chief of Bond Buyer, faked the judging of its annual Katie Awards and used an organization credit card for personal purchases, according to published reports.
Joshua Benton of the Dallas Morning News wrote that Elizabeth Albanese recently resigned from the club. She also resigned from Bond Buyer to take a PR job with First Southwest.
He wrote, “Ms. Albanese won prizes for best business news story, best business feature story, best specialty reporting, and â€“ most prestigious of all â€“ best investigative reporting for a major-market newspaper.
“Questions first arose after a journalist contacted Mr. LaVonn, president of the club foundation, which funds the club and provides college scholarships for aspiring journalists. The journalist, whom he would not name, suggested that Ms. Albanese’s victories might not have been legitimate.”
Later, Benton wrote, “The Bond Buyer covers the municipal bond industry and is widely read among the financial professionals it serves. She was one of its most productive reporters. The publication’s editor in chief, Nicholas Chesla, said there were no signs that she falsified any articles in her seven years there. (The Northern Virginia Daily also had no problems with her stories during her short time there.)
“‘We weren’t and we aren’t aware of any problems with her writing here,’ Mr. Chesla said. ‘We certainly didn’t ask her to leave.’”
Read more here.Â
by Chris Roush
David Warsh, writing on the Economicprincipals.com web site, has a great story about how the Wall Street Journal’s series on backdating of stock options, which earlier this week won a Pulitzer Prize, was reported, and how it’s been criticized by a columnist on the paper’s editorial page.
Warsh wrote, “[Mark] Maremont’s story was scrupulously clear, but, had his scoop been the end of it, the matter would have been quickly forgotten. What came next was an act of considerable moral imagination on the part of the WSJ’s editors and their reporters, calling into play all the forensic powers at their disposal to establish what had been happening. The statistical findings of finance professors were an indication of corruption. Successful prosecutions were plenty concrete, but they were anything but statistical in their approach to the problem. (Maremont had reported the first of these, of Mercury Interactive Corp., in his initial story.)
“Could the broad facts of the back-dating matter be established by newspaper methods? That is, could they be set out sufficiently forcefully before the general public, with clear explanations, sharp measurements and striking examples of particular companies, so that their significance could be fully assessed? That is what the editors decided to find out.
“Maremont, 48, headed a small investigative team based in Boston; he and reporter James Bandler, 40, set out on an investigation parallel and, in certain ways, complementary to that of the federal authorities, designed to uncover the historical facts of the matter. As often happens with such borderland explorations, the reporters immediately found themselves in need of an intermediary language. Before long, they brought in Charles Forelle, a 27-year-old WSJ reporter with a degree from Yale in applied math, to oversee the preparation by consultants of a special algorithm with which to gauge the likelihood that particular grants were simply the result of good timing.Â They were joined, too, by reporter Steve Stecklow, 53, who in due course would contribute a pair of memorable stories to the series.
“Thus, after four months of hard work, Bandler and Forelle published ‘The Perfect Payday,’ on March 18, 2006. The sub-head stated: ‘Some CEOs reap millions by landing options when they are most valuable.Â Luck — or something else?’ The story itself related the saga of several companies in which boards of directors granted top executives their options on remarkably propitious dates. The odds of one such favorable grant were found to be 300 billion to one, compared to 146 million to one that a particular $1 ticket might win the Powerball lottery. The effect, at least on the various communities that took corporate governance seriously — the legal, accounting and regulatory professions — was electric.”
Read more here.
by Chris Roush
NewsBios announced the 2007 NewsBios 30 Under 30 Award recipients. This select group of journalists showcases up-and-coming business and financial reporters and editors.
NewsBios first honored young journalists for their exceptional work in 1987 and has since bestowed the awards in 18 of the past 20 years. (The awards were not issued in either 2005 or 2006).
The 2007 list includes 20 first-time winners and reflects top talents at 18 different news organizations. The journalists, who had to have been under 30 years of age as of Dec. 31, 2006, were nominated by their editors and peers for their professional contributions in calendar year 2006.
Because of the large number of outstanding nominees for 2007, making this year’s list was extremely difficult and many high-caliber journalists had to be eliminated to keep the list to 30.
Among the youngest in the Class of 2007 is Charles Forelle, who along with his Wall Street Journal colleagues James Bandler and Mark Maremont, has already received several 2007 journalism citations, including being a finalist for a Pulitzer Prize.
The 2007 list also includes veterans Adrienne Carter of BusinessWeek and Andrew Ross Sorkin of The New York Times. Both are five-time winners who likely would have been seven-time recipients if the 30 Under 30 Award had been bestowed in 2005 and 2006.
by Chris Roush
The Wall Street Journal today announced the 2007 Robert L. Bartley Fellows, who will receive paid internships to work at the Journal editorial page worldwide and the Far Eastern Economic Review.
The Journal selected seven candidates out of more than 50 applicants. The fellowship program is named in honor of the late editor of The Wall Street Journal, Robert L. Bartley, who directed the Journal’s editorial and leisure & arts coverage from 1972-2002.
“These fellowships are intended for young men and women whose views are broadly consistent with Bob’s belief in economic and political liberty and who aspire to careers in journalism,” said Paul Gigot, editor of the editorial page for The Wall Street Journal. “I’m delighted to welcome them to the Journal and Review.”
Read about the winners here.
by Chris Roush
The Society of American Business Editors and Writers has named the winners in its 12th annual Best in Business contest, which recognizes the best sections or publications, as well as the best breaking news, enterprise and projects reporting in business journalism during 2006.
The contest received 761 entries from daily and weekly newspapers, magazines, wire services, and Web sites. SABEW started the Best in Business contest in 1995 to help set standards and recognize role models for outstanding business journalism.
Awards will be presented Sunday, May 20, in Anaheim during SABEW’s 44th annual conference. The judgesâ€™ comments about the winners will be posted soon on www.sabew.org.
Additional information about the conference and SABEW is available at that site as well.
The winners include:
Giant newspapers (average daily circulation 375,001 and above)
The New York Times, The Star-Ledger (Newark, N.J.) and USA Today
Certificates of merit: The Arizona Republic, Houston Chronicle
Large newspapers (circulation from 250,001 to 375,000)
Fort Worth Star-Telegram, Milwaukee Journal Sentinel and San Jose Mercury News
Medium newspapers (circulation from 125,001 to 250,000)
Des Moines Register, Detroit News, The Hartford Courant, The Seattle Times and South Florida Sun-Sentinel.
Certificates of merit: Salt Lake Tribune, St. Paul Pioneer Press and The Tennessean (Nashville)
Small newspapers (circulation 125,000 and below)
Florida Today (Melbourne, Fla.), The Press Democrat (Santa Rosa, Calif.) and The Roanoke Times (Roanoke, Va.)
Certificate of merit: The Post and Courier (Charleston, S.C.)
Weekly Business newspapers
Advertising Age, Baltimore Business Journal, Business First of Louisville and Crainâ€™s Chicago
Business Certificates of merit: Boston Business Journal, Puget Sound Business Journal, Street and Smithâ€™s Sports Business Journal
All of the winners can be found here.