FT.com restructures

The Financial Times has restructured its web division, FT.com

LONDON (Brand Republic) – The Financial Times has restructured its web division, FT.com. Michael Murphy, who led the integration of commercial operations of the division’s four websites, has been appointed chief operating officer of the FT’s internet business. He will report to the FT Group’s chief executive, Stephen Hill. According to owners Pearson, FT.com looks set to break even in 2002, two years ahead of expectations.

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