Jessop Resignation Comes Early In Transition Process

THIS WEEK'S LEAD STORIES

"He was getting pretty good at dodging bullets," says one source of erstwhile Telerate senior executive vice president John Jessop. But not good enough.

Until now, Dow Jones & Company Inc.'s stewardship of Telerate has been marked by intensive study and little action. Jessop's exit puts Carl Valenti, senior vice president of Dow Jones & Company Inc., president and publisher of Dow Jones' Information Services Group, (ISG), and now president of Telerate, Inc., in the hot seat.

Valenti, who recen