Les Hinton has resigned as chief executive officer of Dow Jones & Co. in the wake of News Corp.'s phone-hacking scandal.
The resignation makes Hinton the second News Corp. executive to step down Friday. Rebekah Brooks stepped down as CEO of News International, the corporate parent of News of the World, earlier in the day.
The development also comes on the same day that media giant Rupert Murdoch began a campaign of contrition and reform, apologizing to the family of a murdered British teenager whose voicemail allegedly was hacked by staffers of a now-defunct newspaper he owned.
News of the World Staffers were accused of intercepting messages in search of news. They then allegedly deleted messages to keep Milly Dowler's mailbox from filling up, giving her family and friends false hope that the schoolgirl was still alive.
Some of the claims Brooks faces relate to the News of the World's alleged hacking, while she was editor, into Dowler's mobile phone account.
Police in the United Kingdom have identified almost 4,000 potential targets of phone hacking. There were also allegations that News Corp. reporters may have bribed law enforcement officers.FULL STORY