Joel Klein, who's been the head of the New York City school system since 2002, is stepping down—to take a job at News Corp. One insane job to another! His replacement: Hearst chairman Cathie Black.
Most media-y school system trade ever! Klein will become an executive vice president at News Corp, where he'll no doubt be advising Rupert Murdoch on how to hit it big in the for-profit educational marketplace. Cathie Black, the head of Hearst and former publisher of USA Today, takes his place. "She has enormous experience managing budgets," said Mike Bloomberg, which is kind of a middling compliment, considering the scope of her job.
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