Bloomberg Lands New Job at Bloomberg

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New York City Mayor Michael Bloomberg speaks at a press conference regarding Super Bowl XLVIII, which New York and New Jersey will host at MetLife Stadium on February 2, 2014 in East Rutherford, New Jersey, on October 10, 2013 in New York City. Bloomberg was joined by the National Football League's (NFL) commissioner Roger Goodell, co-chairmen of the NY/NJ Super Bowl Host Committee, and various city officials.
Photo: Andrew Burton/Getty Images

"I'm not going back to Bloomberg L.P.," Michael Bloomberg said to Forbes last week. Asked why he wouldn't run the media company named after him again, he said, "I did it for 20 years." But he will be back in some capacity, Capital New York reports, specifically at the opinion site Bloomberg View, where he may take the title of chairman. "This suggests he'll be more hands on than other senior managers might have anticipated," a source said, so no more lunch or bathroom breaks.

Bloomberg View launched in 2011, but has so far failed to really catch on as an influencer even after two rounds of big-name hires. In its debut editorial, the site promised its still-evolving "philosophy" would reflect "values embodied by Mike Bloomberg, the founder of Bloomberg LP."

The outgoing mayor is expected to start in January. But first, Bloomberg told Forbes, "my girlfriend [Diana Taylor] and I are going on our first vacation in 12 years, to Hawaii and New Zealand, to play golf." (Bermuda doesn't count.)