Fox News Names Ray Hennessey Managing Editor and Director of Fox Business Channel Website.

NEW YORK -- Ray Hennessey has been named Managing Editor and Director for the FOX Business Channel website, announced Kevin Magee, Executive Vice President, FOX News. Reporting directly to Magee, Hennessey will oversee all editorial content and design function of the website.

In making

Hennessey, a veteran in business journalism internet operations, was the editor of SmartMoney.com, where he was responsible for all the financial editorial content, television operations and technology. He also had a weekly appearance on CBS News, providing financial commentary. Prior to that stint, Hennessey was the News Editor for Dow Jones & Company and CNBC-Wall Street Journal Television from 1998 through early 2006. There, he managed the personal-finance and fund-industry coverage at Dow Jones Newswires and appeared on CNBC's Dow Jones Halftime Report, as well as serving as a regular guest host of Wake Up Call. Additionally, Hennessey wrote the IPO Outlook column for The Wall Street Journal.

He began his career as a journalist for The Times in Trenton before becoming the managing editor of A.M. Best Co., where he oversaw BestWire and BestWeek, publications that covered the insurance industry.

Owned by News Corp, FOX News, headed by Chairman and CEO, Roger Ailes, operates the FOX News Channel (FNC), FOX News Radio, FOXNews.com and the soon to be launched FOX Business Channel, while producing FOX News Sunday with Chris Wallace, The Radio Factor with Bill O'Reilly and FOX News Edge. FNC has been the number one cable news channel for over five years and is available in more than 85 million homes in the United States and 108 countries internationally.