Ellen Schultz is a news editor with the Money & Investing section of The Wall Street Journal. She continues her coverage of pensions and benefits plans and also works with other editors and reporters to broaden the Journal’s coverage of the problems facing individuals in the increasingly complicated financial world.
In February 1990, Ms. Schultz joined the Journal as a reporter in New York. She has covered personal finance, mutual funds, medical insurance and benefits. She was named a special writer in April 1995 and a news editor in June 2001. Prior to joining the Journal, Ms. Schultz covered personal investing at Fortune magazine from 1987 to 1990.
In 2003, Ms. Schultz was a member of a team of Journal reporters awarded the 2003 Pulitzer Prize in explanatory reporting for a series of stories that exposed corporate scandals, elucidated them and brought them to life in compelling narratives. Ms. Schultz and colleague Theo Francis won a George Polk Award in the financial reporting category for their investigation into how companies profit from benefits plans and benefit from the deaths of workers on whom they hold life insurance. She also shared a SABEW award with other Journal reporters for their “What’s Wrong” series, for an article on how companies hide executive compensation, and shared a SABEW award with other Journal reporters for “Covering Enron.” Also in 2003, she and Mr. Francis were finalists in the Investigative Reporters and Editors contest.
In 2002, Ms. Schultz received an award for Distinguished Literary Contributions from the IEEE-USA, and in 2001 she was awarded the Sidney Hillman Foundation Award for a series of articles on how companies profit from their retiree medical plans. In 2000, she won the Gerald Loeb Award for distinguished business and financial journalism; the George Polk Award in the financial reporting category; the Gold Typewriter Award from the New York Press Club for her coverage of cash-balance pension plans; and the James Aronson Award for Social Justice Journalism. Also in 2000, she was a finalist in the Deadline Club’s award for best investigative reporting and received an honorable mention in the Heywood Broun Awards for distinguished journalism.