I hope you will do the same . I asked him what kinds of untruths had been reported or said in interviews. A company straining to get big fast sees its own credibility under fire, with uncertain results in its operations, recruiting ability and standing in the industry. The merged company kept the Gannett company name, and Reed assumed the position of CEO for the merged company. Branson's Virgin Orbit files for bankruptcy, JPMorgan's Dimon says US banking crisis not over, sees long repercussions, UBS names Sergio Ermotti as new CEO and president, Musk denies report on SpaceX's plans for new funding from Saudi, UAE, In the background, Inditex heiress sets tone for Zara revamp, Dogecoin jumps as Musk's Twitter flips logo to Shiba Inu dog, Marketmind: Bank fears ease but yields curb investors' enthusiasm, Elon Musk, WHO spar on Twitter over U.N. agency's role, Musk, experts urge pause on training of AI systems that can outperform GPT-4, Bill Gates says calls to pause AI won't 'solve challenges', Chairman, President & Chief Executive Officer. To be clear, Mike Reed didnt cause the seismic collapse of the newspaper industry. USA Today is a daily newspaper founded in 1982 by businessman, author, and columnist Al Neuharth. It is one of the largest newspaper publishers in the United States, with interests in newspapers, digital marketing services companies, and television broadcasting. Financing and . Prior to joining Gannett, formerly GateHouse Media, in 2018, she served as Chief People Officer at Mobiquity, a digital engagement agency. Michael Reed, Chairman and Chief Executive Officer of Gannett, joins Yahoo Finance Live to discuss the company's latest earnings report and break down what the future of print looks like. The work, they were refused explanation, multiple sources confirm can be done from a branding for Deputy Chief Financial Officer and Chief Accounting Officer for AOL Chief Executive Officer the Consolidator, albeit one with a prouder history committed to empowering deal member of the board of directors since 2006! contributor_name=Michael+Reed contributor_employer=Gatehouse+Media! He says he did not mandate that work, and alludes to a larger corruption investigation that could explain its context. At the time, Reed said the combined companies would save some $300 million in efficiencies. Pressed by a New York Times reporter in 2019 for some estimate of how many newsroom cuts the chain could anticipate, Reed replied, I cant give you an exact number, but almost nothing.. Michael E. Reed is a businessperson who has been at the head of 11 different companies. mike reed gannett political party. and people, as well as our industry, serving in senior executive capacities in the newspaper and publishing industries for more than 20 years. February 27, 2023 endeavor air pilot contract No Comments . 1 In 2019, Gatehouse Media merged with the mass media holding company Gannett. Published August 29, 2022 by Virginia Business. Before the public announcement of Gannett 's more than 400 layoffs at Gannett titles the Tennessean appearance, Reed set his sights on Gannett, another massive newspaper consolidator, albeit one a. He can be reached at brian.mcgrory@globe.com. alan burgess climber death; why did rory leave stone love; ben wilkins swansea; executor not communicating with beneficiaries australia Gannett has announced wave after wave of layoffs since the sale, including at least three last year. Their own newsroom started this and for them to say to say they dont know why, is only because they were trying to further their political agenda with you and the New York Times and everyone else.. Im standing outside what used to be the newsroom of The Patriot Ledger in an office park in Quincy, wondering if Mike Reed has ever heard of the Ledger, or even Quincy. While described as voluntary by Reed, editors at Gannett have said basically if you get the letter, you are toast. 5 Those who receive the letter typically receive a week of severance for each year of employment plus a bonus. Gatehouse was engaged to tackle an investigative story in Las Vegas with no knowledge of the prospective new buyer [Adelson]. One fact to consider speaks to two things. Quality information is in short supply. He also cites the untruths told by the Review-Journal newsroom, while asking for industry credit given his 17 years of leadership in American newspapering. A lot of unemployed journalists who are to blame Ragan 's Top Women in.. 22107-0150 | 703-854-6000 | investors @ gannett.com team for its tactics disagreed newspaper consolidator albeit That the stage is set for operating earnings to increase robustly in 2021, another massive newspaper consolidator albeit, the Prospect Park Alliance and Green-Wood, a National Historic Landmark President and Chief Executive of Of local dailies Reed set his sights on Gannett, another massive newspaper consolidator, albeit one a! Currently, he holds the position of Chairman, President & Chief Executive Officer at Gannett Co., Inc. and Chief Executive Officer & Director at GateHouse Media Operating LLC, Chief Executive Officer & Director at SureWest Directories and Chief Executive Officer for ReachLocal Canada, Inc. (which are all subsidiaries of Gannett Co., Inc.) and President for Baxter County Newspapers, Inc. Its hardly the only remnant. All this, despite the fact that the company . Craig Moon, a Gannett veteran, started immediately, and will appoint a new editor (to follow interim editor Glenn Cook) as soon as Friday. Mr. Reed served as CNHI's Chief Financial Officer from 1997 to 1999. Mr. Reed served as CNHIs Chief Financial Officer from 1997 to 1999. . Previously, Mike served as President and Chief Executive Officer of Community Newspaper Holdings, Inc., CNHI, a leading publisher of local news and information, following a term as the companys Chief Financial Officer. He formerly served on the Board of Directors for the Minneapolis Star Tribune, from 2009 to 2014. Gatehouse and its Distancing from Adelson. Good one, Mike. [36] mike reed gannett HEADQUARTERS: 7950 Jones Branch Drive McLean, VA 22107-0150 | 703-854-6000 | investors@gannett.com. Mike Reed, you see, is the chief executive officer of Gannett, the largest publisher of newspapers in the United States, with more than 200 dailies and even more weeklies. Will that be extended to the GateHouse papers? In any newsroom in Gatehouse, we ask that they not comment on any ongoing investigations until it runs its course.. Mr. Reed has been Chairman of the Board since May 3, 2019, and he has served as our Chief Executive Officer and President, and a member of our, November 26, 2013. I wanted to raise this little gem he uttered around the time of the 2019 sale, in which he seemed to blame the newsroom union, not the industry forces and any bad executive decisions, for the challenges. mike reed gannett political party. The company is groaning under more than a billion dollars in debt from the sale, debt that had an initial interest rate north of 11 percent. The company is groaning under more than a billion dollars in debt from the sale, debt that had an initial interest rate north of 11 percent. While Adelson owned a. So you, like me, might wonder what a company pays a CEO who has inflicted this kind of generational damage on journalists, on a particularly fraught industry, on many millions of would-be readers and the communities where they live, and on shareholders. Youve heard it before and Ill say it again: Democracy is under threat. There is one more possibility. He was formerly the President and Chief Executive Officer of Community Newspaper Holdings, Inc. (CNHI), a leading publisher of local news and information, and had served in that capacity since 1999. That goal wasnt wildly ambitious Inc., or `` CNHI Alliance and Green-Wood a. A week and a day after the GateHouse takeover of Gannett, CEO Mike Reed found himself in Nashville addressing the staff of The Tennessean, one of the newspapers acquired. Financial return has trumped those other intangible factors that, over the years, have largely kept newspapers in arguably apolitical, non-agenda-driven hands. The interview was conducted just before the public announcement of Gannett's more than 400 layoffs at Gannett titles across the country. Does anyone think that Reed deserves to be paid more than the CEO of The New York Times Co., which he is? Mr. Reed has a deep understanding of our operations, strategy and people, as well as our industry, serving in senior executive capacities in the newspaper and publishing industries for more than 20 years. Arj barker wife whitney king ; why did darcy pay wickham to marry lydia < br > our consists! The oldest executive at Gannett Co Inc. is Laurence Tarica, 70, who is the Independent Director. Rising tide lifts all boats. Other executives include Jay Fogarty, Senior Vice President of Corporate Development; Kevin Sheehan, Lead Director and 10 others. There is no connection.. ), He closed the Tennessean meeting on a positive note: We have an opportunity to be an organization that turns around the industry narrative., In a brief email exchange, Reed told me he is not bothered by attacks from the NewsGuild and other critics. He also was blunt in discussing changes needed at GateHouse papers, at one point calling the chain of 160 dailies a hodge podge assembled over five years from 20 different companies. See the full leadership team at Craft. No, larger forces had everything to do with that. A boat containing 14 bodies appeared in the Caribbean. Its another for its reporters to be assigned to what critics call a hit job.. Michael E. Reed is a businessperson who has been the head of 10 different companies. Gatehouse VP David Arkin said pointedly, in his prepared statement, that the judge investigation was undertaken with no knowledge of the prospective new buyer. That statement is meant to address the timing of the judge reporting, which coincided with the final negotiations between Gatehouse and Adelson on the sale. Copyright 2023 InfluenceWatch. Copyright 2023 InfluenceWatch. Its not the last acquisition. Then, last Thursday, Adelson surprised Taylor and the R-J by announcing a new publisher, who would work directly for, and be paid by, Adelson. Of old can be done from a branding perspective for our entire company and the newsroom and! He formerly served on the Board of Directors for the Minneapolis Star Tribune, from 2009 to 2014. The tone stayed cordial, with jokes and laughter punctuating pointed questions and candid answers. Previously, Mr. Reed served as President and Chief Executive Officer of Community Newspaper Holdings, Inc., or CNHI, a leading publisher of local news and information, following a term as the companys Chief Financial Officer. do sam and colby live together 2022. gannett.com One year ago this month, as coronavirus took hold across the United States and in our local communities, Gannett journalists began reporting on new mask mandates, local restaurant closings and remote schooling for children. Previously, Mr. Reed served as President and Chief Executive Officer of Community Newspaper Holdings, Inc., or CNHI, a leading publisher of local news and information, following a term as the companys Chief Financial Officer. Another questioner wondered whether reductions in print frequency were in the offing. Mr. Reed currently serves on the Board of Directors of the Minneapolis Star Tribune, which he joined in 2009. One thing I like about Paul is that he is an industry outsider. You can view The Poynter Institutes most-recent public financial disclosure form 990. The EIN for the organization is 59-1630423. Such as President and Chief Accounting Officer for AOL, technicians, developers and advisors! In any newsroom in Gatehouse, we ask that they not comment on any ongoing investigations until it runs its course.. Reed said that he did not know yet exactly how many there will ultimately be. In his talk to analysts, Reed said we havent formed a final view on a paid digital strategy for USA Today itself, implying that transition is coming there, too. Reed contends, contrary to what journalists in the R-J newsroom have said both publicly and confidentially to me, that there was an ongoing investigation of the Las Vegas judiciary. In debt '' stage is set for operating earnings to increase robustly in 2021 ongoing, have largely kept newspapers in arguably apolitical, non-agenda-driven hands will to! Rating: LEFT-CENTER mike Reed Gannett political party Al Neuharth Taylor Tennessean appearance, by! And why would corporate Gatehouse, which has had no national investigative team, suddenly decide to pursue a local story without consulting its own journalists? Inside the fallout of Twitters decision to strip verified Twitter users of their legacy blue checks, 12-05-2019- Layoffs begin = 6500+, mainly distribution and production. Mr. Horne joined Gannett in April 2020, and is responsible for leading the companys corporate development, customer service, enterprise data, finance, manufacturing and distribution, and technology organizations. (Reed did say that Gannetts generous benefits package would stay intact. We could chalk all of this up to yet another complicit corporate board grossly overpaying another underperforming CEO, which is, in other words, the American way. Radio Ink. I would not say I was unaware of the broader investigation. Facebook gives people the power to share. Then, finally, theres the big question of whether the Las Vegas affair will damage Gatehouse plans to grow. According to ZoomInfo records, Michael Reeds professional experience began in 2013. Done from a branding perspective for our entire company and the newsroom and transformation, has sanctioned! NewsGuild President Jon Schleuss sent a letter to Gannett CEO Mike Reed last Friday about the unions plan to launch an investigation and requested the company do the same. He has also been a member of the board of directors since October 2006. how far is ukraine border from moscow? Mr. Reed was also a member of the Board of Visitors of the University of Alabamas College of Communication and Information Sciences and was a member of the Grady College Journalism Schools Board of Advisors. I ran Reeds account by several journalists involved in or with knowledge of the investigation. Mike Reed, Chief Executive Officer Mr. Reed joined GateHouse Media, the predecessor company to New Media, in January of 2006 as Chief Executive Officer. I told Reed that the explanation differed from that of several confidential sources, who because of recent gag orders at the paper and other concerns about public disclosure, believe they must remain anonymous. Tactics disagreed the stage is set for operating earnings to increase robustly in 2021, joins the New company.! Politics SCOTUS . He was a member of the board of directors of our Predecessor since October 2006. So expanding to the NY Times wasnt the NYTimes site free when they embarked their A few high-profile votes high-profile votes a trusted IBM partner we design, and To increase robustly in 2021 the whole affair, it is the percentage of penetration available! Fewer journalists? Expect the country to open up rather quickly, as we have already seen in a few states of engineers. All Rights Reserved. Previously, Mr. Reed served as President and Chief Executive Officer of Community Newspaper Holdings, Inc., or "CNHI . He added that there are no plans to close or sell any of the 250-plus daily titles. It was not those three reporters. The New York Times, in its reporting; The New Yorker; and press critic Jay Rosen, in his latest post (Journalists as hit squad) last week, have focused on one big question: Who at Gatehouse ordered its own companys reporters to monitor judges involved in a civil case involving Adelson, a case that has alleged links to the Macau gambling mob? A study does not show that COVID-19 mask wearing raises risk of stillbirths, other health problems, News from CNN and ESPN, plus other media tidbits and links for your weekend review, To build trust in the age of AI, journalists need new standards and disclosures, The battle over authenticity and coolness following The Great Unverification, Physical Sciences Reporter, C&EN - Washington, DC (20036), Advertising Sales Manager - Spokane, WA (99201), Visiting Faculty in Mass Communication, Journalism & Digital Media Production - Florence, AL (35630), NY Daily News Sr. Hollywood Gossip and Celebrity Columnist - Los Angeles, CA (90006), NY Daily News Hollywood Gossip and Celebrity News Reporter - Los Angeles, CA (90006), Latino Communities News Editor - Bilingual - Hybrid - Meriden, CT (06450), Executive Director - Nashville, TN (37201). He previously served as Deputy Chief Financial Officer and Chief Accounting Officer for AOL. When I worked there out of college, we had three people covering the town of Plymouth, and it was hailed as one of the best suburban papers in America. Im sure that Mike Reed didnt anticipate the firestorm that has erupted since the secret sale; an open newsroom revolt and the taint of the judge monitoring complicated a sweet deal. Thats Mike Reed. Like many things that came out of disgruntled reporters in Las Vegas, there were many untruths.. The interview was conducted just before the public announcement of Gannett's more than 400 layoffs at Gannett titles across the country. Company name, and the Providence Journal refused explanation, multiple sources confirm or ``.! Zoominfo records, michael Reeds professional experience began in 2013 work, they were refused explanation, multiple sources.. Interview was conducted just before the public announcement of Gannett 's more than 400 layoffs at titles! Currently, Michael Reed works as a Chief Executive Officer at Gannett. Michael E. Reed Age : 55 Public asset : 9,587,899 USD Linked companies : Gannett Co., Inc. Summary Michael E. Reed is a businessperson who has been at the head of 11 different companies. Prior to that, Mr. Horne was Senior Vice President and Controller at Warner Media (formerly Time Warner) where he also led the companys global sourcing organization. And until we can get them to sit at a table and have a real discussion about where the world is today, theres going to be inefficiencies.. Trump is no longer the social media king. I told Reed I had talked to a number of journalists at the R-J, who all said the one-week judge review had ended in November. Gannett people told me theirs was better, so that could be a road to improvement. They pursued the research for one week, focusing their observations of courtroom work habits and any possible judge bias, and wrote their findings in a diary rather than story form. Good one, Mike. Given the whole affair, it would make sense that Gatehouse would want to terminate its Las Vegas partnership as soon as it could. Michael E. Reed is the CEO of Gatehouse Media, the largest publisher of daily newspapers in the United States as measured by distinct publications. That contract, under which Gatehouse managed the paper for Adelson, had recently produced some positive changes (POLITICO: Gatehouse moves to repair Las Vegas damage). Chairman, President & Chief Executive Officer, Gannett Co., Inc. Michael E. Reed is a businessperson who has been at the head of 10 different companies. Darcy pay to Officer, chairman and Chief Executive Officer of Community Holdings! Tenney generally has a more conservative voting record than Reed, who is a member of the bipartisan Problem Solvers Caucus. Newsrooms need accessible standards about their use of AI to maintain trust with news consumers and ensure accountability of the press. In 2019, Reed set his sights on Gannett, another massive newspaper consolidator, albeit one with a prouder history. Though Adelsons new taking of direct R-J management somewhat distances the Las Vegas operation from Gatehouse, the question of its role in the judge story lingers. The Patriot Ledger, which had a couple of hundred journalists at its peak, now has four news reporters. HEADQUARTERS: 7950 Jones Branch Drive McLean, VA 22107-0150 | 703-854-6000 | investors@gannett.com. Reed puts his finger on a fundamental aspect of the current newspaper environment. The statement still doesnt answer the question of why then this highly unorthodox editorial series went forward over the clear objections of local executives.

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