Fox Business Network is getting new day-to-day leadership.
Bill Shine, a Fox News veteran who has been involved with the 21st Century Fox-owned outlet since its 1996 launch, will take a greater role in managing programming and network synergies for both outlets, a signal that the two outlets may be tied more closely together than before. Brian Jones, who has managed operations at Fox Business for years, will take an expanded role at the financial-news network.
Roger Ailes, chairman and chief executive of both networks, will continue to run both.
Shine was promoted to senior executive vice president of programming of Fox News Channel. Jones was promoted to executive vice president of news operations and will assume additional day-to-day responsibilities for all Fox Business Network news operations. Shine will continue to report to Ailes, while Jones will report to Shine.
FBN has vied with NBCUniversal’s CNBC in trying to capture the business-news aficionado, and while its audience is typically smaller, it has in recent months pursued a strategy of offering anchors who are well versed in the markets. Aside from Maria Bartiromo, the FBN lineup also includes Neil Cavuto and Stuart Varney.