Jock Ferguson has left his position as managing director of Multex Systems in London. He will be replaced by Brook Gibbons who will report directly to Multex president Isaak Karaev. James Pendley has been appointed to the positions of chief operating officer and chief financial officer in London. It is not clear where Ferguson has moved to.

Larry Joyce has been appointed director of a newly-formed Internet sales group at Dow Jones Newswires. The group will focus on extending the Dow Jones

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