 He remained with the paper until November 1, 1982, when John Cowles, Jr., president and chief executive officer of the paper's parent company Cowles Media Company, decided to take over as publisher.In 1980, Dwight was the subject of a federal investigation relating to the awarding of a state contract during his time as Commissioner of Administration and Finance and Lieutenant Governor.The investigation came after William V. Masiello, a former design firm owner, testified before the Special Commission Concerning State and County Buildings (also known as the Ward Commission after its chairman, John William Ward) that he paid Dwight $2000 in cash in exchange for a state contract.