Michael R. Bloomberg receives SABEW’s Distinguished Achievement Award

SABEW President Joanna Ossinger with Michael Bloomberg,  recipient of SABEW's Distinguished Achievement Award
SABEW President Joanna Ossinger with Michael Bloomberg, 2015 Distinguished Achievement Award winner

2015 Distinguished Achievement Award Reception honoring Michael R. Bloomberg Photos

NEW YORK – Michael R. Bloomberg, entrepreneur, politician and philanthropist, received the Society of American Business Editors and Writers’ highest honor, the Distinguished Achievement Award, last night at the opening of SABEW’s annual fall conference in New York.

Bloomberg was selected by SABEW’s Nominating Committee for his outstanding contribution to business journalism in co-founding Bloomberg News with Matthew Winkler in 1990.

“Mike’s investment in people and great journalism is a message that we intend to carry through the conference and the year,” said Kathleen Graham, Executive Director, SABEW.

Upon receiving the award, Bloomberg said, “Matt [Winkler] always says we were in the news business from the day we started and I think that’s fair. We distributed news in those days through numbers, and graphs, and then Matt came along and we added text, and television and radio.”

“For all of the talk of media companies downsizing, there is more business journalism than there was 25 years ago, and I expect that trend to continue,” Bloomberg said. “John Micklethwait came in to take what Matt built, with all the people, and take it in the next direction and try to incorporate all the other delivery devices for news other than just the terminal: Radio, television, the Internet, magazines, and lots of newspapers.”

In presenting the award, Joanna Ossinger, SABEW president and a team leader at Bloomberg, said SABEW past presidents Marty Wolk and Kevin Hall led the selection process for the Distinguished Achievement Award.

Bloomberg is a leading player in both business and general news, growing to more than 2,400 journalists in 150+ bureaus in 73 countries. Bloomberg also was personally responsible for extending the life of a venerable icon of American business journalism, BusinessWeek magazine, now known as Bloomberg Businessweek.

Mike Bloomberg is the founder of Bloomberg LP, a global financial data and media company. In 2001 he left the company to pursue a career in politics and was elected to three terms as the mayor of New York City. After completing his term as mayor in 2013, Bloomberg turned his attention to Bloomberg Philanthropies, a charitable foundation focused on public health, arts and culture, the environment, education and government innovation. Bloomberg returned to run the company he founded at the end of 2014. Bloomberg has been awarded numerous honorary degrees, distinguished leadership awards and named as one of the most influential people in the world. Bloomberg also holds the title of Honorary Knight Commander of the Most Excellent Order of the British Empire.

About SABEW:
The Society of American Business Editors and Writers (SABEW) is the nation’s largest organization dedicated to financial journalism with more than 3,500 members. SABEW is a 501 (c)(3) nonprofit business journalism training organization dedicated to promoting the highest standards of economic coverage.

For additional information – Contact Crystal Beasley, (602)496-7862 or email at

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