NEW YORK, Sept. 12 -- Fox News Channel, a cable and satellite television news channel, issued the following news release:

Lauren Petterson has been named President of FOX Business Network (FBN), announced Suzanne Scott, CEO of FOX News Media. In a related move, Brian Jones, who currently holds this position, will depart. Ms. Petterson will begin her new role today and will also continue overseeing Talent Development at FOX News Channel (FNC). She will report directly to Ms. Scott.

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