- Associated Press - Tuesday, December 9, 2014

NEW YORK (AP) - The founding editor-in-chief of Bloomberg News is taking a new role at the financial data and news company and will be replaced by Economist Editor-in-Chief John Micklethwait.

Matthew Winkler, 59, will work directly with Michael Bloomberg in a new role as editor-in-chief emeritus when the former New York mayor returns to lead the company in 2015.

Michael Bloomberg said in September he would return at the end of the year to lead Bloomberg LP, which he founded in 1981, after three terms as mayor.

In his new role, Winkler will work with Bloomberg on “strategic initiatives” and the most high-profile Bloomberg stories. He helped found Bloomberg News in 1990 and has been editor-in-chief since then.

Micklethwait will begin at Bloomberg’s New York headquarters at the beginning of 2015.

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