Coy Ray Shaw (March 28, 1934 - July 19, 2009) was an American journalist for the
Associated Press
The Associated Press (AP) is an American not-for-profit organization, not-for-profit news agency headquartered in New York City.
Founded in 1846, it operates as a cooperative, unincorporated association, and produces news reports that are dist ...
in the 1950s in
Oklahoma City
Oklahoma City (), officially the City of Oklahoma City, and often shortened to OKC, is the List of capitals in the United States, capital and List of municipalities in Oklahoma, most populous city of the U.S. state of Oklahoma. The county seat ...
,
Louisville (Kentucky) and
New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
.
Shaw became president and
chief operating officer
A chief operating officer (COO), also called chief operations officer, is an executive in charge of the daily operations of an organization (i.e. personnel, resources, and logistics). COOs are usually second-in-command immediately after the C ...
of ''
Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
'' publisher
Dow Jones & Company
Dow Jones & Company, Inc. (also known simply as Dow Jones) is an American publishing firm owned by News Corp, and led by CEO Almar Latour. The company publishes ''The Wall Street Journal'', '' Barron's'', '' MarketWatch'', ''Mansion Global'' ...
and later owned, with a partner, a controlling interest in
American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes ''The Business Journals'', which contains local business news for 44 markets in the United States with each market ...
(ACBJ) in 1989, selling that company in 1995 to
Advance Publications
Advance Publications, Inc. is a privately held American media company owned by the families of Donald Newhouse and Samuel Irving Newhouse Jr., the sons of company founder Samuel Irving Newhouse Sr. It owns publishing-related companies inc ...
and continuing as chairman.
As Shaw described it, he left Dow Jones on Friday and flew to
Kansas City, Missouri
Kansas City, Missouri, abbreviated KC or KCMO, is the largest city in the U.S. state of Missouri by List of cities in Missouri, population and area. The city lies within Jackson County, Missouri, Jackson, Clay County, Missouri, Clay, and Pl ...
, on Wednesday to buy a few business journals.
Mike Russell, who started ACBJ, suggested selling him the company. During Shaw's tenure, ACBJ moved its headquarters from Kansas City to
Charlotte, North Carolina
Charlotte ( ) is the List of municipalities in North Carolina, most populous city in the U.S. state of North Carolina and the county seat of Mecklenburg County, North Carolina, Mecklenburg County. The population was 874,579 at the 2020 United ...
, and increased its total number of employees from 850 to over 1900. The company added a number of magazines and other media under Shaw. Included among ACBJ's publications are more than 40 weekly business journals.
The Society of American Business Editors and Writers gave Shaw its Lifetime Achievement Award.
Shaw died on July 19, 2009, at age 75 after sustaining a
wasp sting. He is survived by wife Kay, sons Whitney and Kirk (whose publishing business he had planned to help with), daughter Beth, and seven grandchildren.
At the time of his death, Shaw was chairman of
American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes ''The Business Journals'', which contains local business news for 44 markets in the United States with each market ...
.
References
{{DEFAULTSORT:Shaw, Ray
2009 deaths
American male journalists
Deaths due to insect bites and stings
1934 births
Journalists from Kentucky
Journalists from New York City
American business and financial journalists
Associated Press reporters
American chief operating officers
20th-century American journalists