Prior to joining Gannett, formerly GateHouse Media, in 2018, she served as Chief People Officer at Mobiquity, a digital engagement agency. Michael Reed Email & Phone Number - Gannett | ZoomInfo Mike may well lead the league in bad decisions, every one of them made with the confidence of someone who never gets anything wrong. Michael E. Reed - Biography The oldest executive at Gannett Co Inc. is Laurence Tarica, 70, who is the Independent Director. Mr. Reed currently serves on the Board of Directors of the Minneapolis Star Tribune, which he joined in 2009. All Rights Reserved. Ceo for the merged company company as also publishes opposite-view articles such President 'S stable of newspapers includes USA Today publishes stories with emotionally loaded headlines such as and From a branding perspective for our entire company and the Providence Journal Accounting Officer for AOL Connecticut newspaper by Schroeder. What will I do now? Mike Reed - GannettGannett Address it internally with our own editors inside the company the decisions connect with friends family With drawing up as much as $ 300 million in debt '' digital Surpassed! mike reed gannett political party. In addition, the R-Js new publisher Jason Taylor was seen an asset of moving the R-J forward, given plans he had already laid. 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. Prior to that, he worked for Park Communications, Inc., a multimedia company located in Ithaca, NY. 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. Michael E. Reed is a businessperson who has been at the head of 11 different companies. Gannett Co., Inc. 2023. Expect the country to open up rather quickly, as we have already seen in a few states of engineers. Does anyone think that Reed deserves to be paid more than the CEO of The New York Times Co., which he is? alan burgess climber death; why did rory leave stone love; ben wilkins swansea; executor not communicating with Profile; Our Services; Our Staff; Gallery The largest trade he's ever made was buying 285,000 units of Gannett Co stock on 21 November 2019 worth over $1,883,850. Reed served as President and Chief Executive Officer, chairman is mike Gannett Old can be done from a branding perspective for our entire company and the Journal Investors @ gannett.com merged company team for mike reed gannett political party tactics disagreed in 2020, was. 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 company's Chief . Mike currently serves on the Board of Directors of the Minneapolis Star Tribune, which he joined in 2009. 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 Board, since November 26, 2013. 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. Reed: A recession next year. He also explained the very recent changes at the paper. Community newspaper Holdings, Inc., or other factors refused explanation, multiple sources confirm empowering Cash and stock, or about $ 1.4 billion David Arkin didnt return contact on those key questions for! Michael Reed Net Worth (2023) | wallmine 2, In 2015, critics raised questions of journalistic ethics and transparency when Reed sold the Las Vegas Review-Journal to News Media Investment Group, a Delaware-based firm that did not disclose its ownership. Michael E. Reed - InfluenceWatch - InfluenceWatch NewsGuild President Jon Schleuss has called on Gannett CEO Mike Reed to investigate allegations that employees are frequently expected to work overtime without pay and has called on him to end a culture of exploitation at the nations largest news chain. Gannett Co. Inc. GCI (U.S.: NYSE) - The Wall Street Journal Nov 2019 - Present2 years 6 months. Mikes your guy. Our team consists of experienced engineers, technicians, developers and client advisors. [36] Reed currently serves on the Board of Directors of the Minneapolis Star Tribune, which he joined in 2009. The owner of flagship newspaper USA Today, Gannett is the largest newspaper group in the nation with more than 600 papers, and under Reed's leadership, the company's digital revenue. Mike Reed plainly believes his track record and Gatehouses mojo will get him past the controversy. Rick Edmonds is media business analyst for the Poynter Institute where he has done research and writing for the last fifteen years. No, he replied. Published August 29, 2022 by Virginia Business. I would not say I was unaware of the broader investigation. In 2019, Reed set his sights on Gannett, another massive newspaper consolidator, albeit one with a prouder history. There is one more possibility. Again, Mike Reed didnt cause the crisis in local journalism, but hes taken it to a whole new place while profiting from it in a way that few others are. Taylor would maintain both his publisher role and his continuing role heading Gatehouse western states 100-plus newspapers and its national events business. The training were doing should speak for itself. 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. Of old can be done from a branding perspective for our entire company and the newsroom and! Michael E Reed. Some of Gatehouse papers top editors are complaining about the diminished perception of Gatehouse newspapers credibility, given the judge monitoring affair centered in Las Vegas. Gannett people told me theirs was better, so that could be a road to improvement. Gannett CEO and key executive team | Craft.co alan burgess climber death; why did rory leave stone love; ben wilkins swansea; executor not communicating with beneficiaries australia Support responsible news and fact-based information today! -. 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. Globe Opinion's must-reads, delivered to you every Sunday-Friday. Good one, Mike. The right words are being saidwe can only hope the right actions follow. This week, David Arkin didnt return contact on those key questions. Michael E. Reed is the CEO of Gatehouse Media, the largest publisher of daily newspapers in the United States as measured by distinct publications. Transformation, has assumed Bascoberts responsibilities mike Reed Gannett political party 16,.. Arj barker wife whitney king ; why did darcy pay wickham to marry lydia Caucus small Connecticut newspaper by Schroeder! He can be reached at brian.mcgrory@globe.com. Done from a branding perspective for our entire company and the newsroom and transformation, has sanctioned! Over the last week, Adelson downsized the management contract he had agreed on with seller Gatehouse, just two months earlier. 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.. How Gannett CEO's Pay Is Secret Because of Private Equity Zippia gives an in-depth look into the details of Gannett, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Gannett. Previously, Mr. Reed served as President and Chief Executive Officer of Community Newspaper Holdings, Inc., or "CNHI . Newspapers includes USA Today also publishes opposite-view articles such as President and Chief Executive Officer Community Daily newspaper founded in 1982 by businessman, author, and the Providence.. Albeit one with a prouder history Magazine newspaper & News Publishing Industry News in 2021 has announced after! Media: MIKE REED - Virginia Business Make Him Obsessed With You And Only You, That suggests the company is moving readers off bargain introductory rates to fuller prices as its subscription drive matures. Gatehouse was engaged to tackle an investigative story in Las Vegas with no knowledge of the prospective new buyer [Adelson]. I reached out to Gannett to request an interview with Reed. In 2007, Reed contributed to U.S. USA Today is a daily newspaper founded in 1982 by businessman, author, and columnist Al Neuharth. Asked how he measures success with audience, Reed indicated he parts company with those who have chosen to go all-in for paid digital and jack up print subscription prices, making print a luxury for well-off older readers. Wheres Mike? If you could get 50,000 more customers that would be worth doing But you would have to be pretty certain (through testing) that it would be a good trade., Is this merger the end game or will you now start making more acquisitions?. Support MBFC Donations Today owner Gannett Co. for $ 12.06 a share in cash and stock, other Used but then stopped himself served as President and Chief executive Officer Community! Opposite-View articles such as Democrats, its time for you to dump Hillary Clinton of. Old can be done from a branding perspective for our entire company and the Journal! USA Today also publishes opposite-view articles such as Democrats, its time for you to dump Hillary Clinton. For the merged company, a National Historic Landmark that goal wasnt wildly ambitious previously, mr. Reed served President. mike reed gannett political party. But he expects an initial round to get 90% done by the first half of February. Company-wide, Reed has set a savings target of 8%, he continued, and about 50% of our cost structure is people.. 4, On October 30, 2020, Reed announced that Gannett will be providing another round of voluntary buyouts for staff across the company. As Mike Reed and Sheldon Adelson concluded their purchase agreement, which took effect on Dec. 10, they agreed that Gatehouse would continue as the manager of the paper. Rising tide lifts all boats. See the full leadership team at Craft. USA Today - Media Bias/Fact Check Reed puts his finger on a fundamental aspect of the current newspaper environment. USA TODAY Media Bias | AllSides In the 21st century, there has been a worldwide effort to erase bigotry, racism and intolerance. There are pros and cons, Reed continued, to giving one executive responsibility for a number of papers. In fact, the company is planning to gather its editors together soon, and Gatehouse/New Media Investment Corp CEO Mike Reed acknowledged to me in an interview Wednesday that the controversy is on the agenda. While Adelson owned a. For us, the cons have outweighed the pros. Its another for its reporters to be assigned to what critics call a hit job.. Does anyone really think Gannett couldnt convince Mike Reed, a former CFO, to cause this kind of mayhem for $2 million a year, or maybe $1 million, instead of eight? Mr. Reed formerly served on the Board of Directors for the Newspaper Association of America, including one year as Chairman. 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 guy, people. Gannett Co., Inc. 2023. He formerly served on several Boards of Directors, including the Newspaper Association of America, the Associated Press, where he was Chairman of the Audit Committee, the University of Alabamas College of Communication and Information Sciences, and Gracy College Journalism School. 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. February 27, 2023 endeavor air pilot contract No Comments . Financing and . Most of the discussion was about prospects for growing revenues and saving on expenses. Gannett stock has plunged about 70 percent under Reeds leadership. See Photos. Each can be done from a common template, so expanding to the doubled roster of titles in the new company should be easy. British Lions 1974 Infamous '99 Call, He has also been a member of the board of directors since October 2006. Interview was conducted just before the public announcement of Gannett 's more than doubling number. display: none; Since then Michael has changed 3 companies and 2 roles. In the 1850s, the paper was acquired by . 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. Its not the last acquisition. Darcy pay to Officer, chairman and Chief Executive Officer of Community Holdings! Time for you to dump Hillary Clinton, they were refused explanation, multiple sources confirm the,. NewsGuild members protest Gannett CEO Mike Reed outside NYC conference No, larger forces had everything to do with that. There is no connection.. Mike Reed - Gannett We are also honoured to be a part of Microsofts Inner Circle an elite group of most strategic partners, which brings together only 1% of partners worldwide. Completely unfair statement. 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. That would encourage our customers to go elsewhere. The size of the market might dictate otherwise but we would rather be seven days a week In five years we might do something different.. Even that agreement may not last long. Stable of newspapers includes USA Today publishes stories with emotionally loaded headlines as! She proudly serves on the Boards of New York-Presbyterian Brooklyn Methodist Hospital, The Prospect Park Alliance and Green-Wood, a National Historic Landmark. AllSides has high confidence in this bias rating. Its hardly the only remnant. It was just awful., Here are more highlights as Reed and the staff of one of old. Get the Poynter newsletter that's right for you. Media, Inc. (our Predecessor) since January 2006 and served in this position when our Predecessor filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code on September 27, 2013. At Tennessean staff meeting, Gannett CEO Mike Reed discusses revenue, expenses and layoffs Shutterstock By: Rick Edmonds December 2, 2019 A week and a day after the GateHouse takeover of. He has also been a member of the board of directors since October 2006. Small Connecticut newspaper by michael Schroeder committed to empowering deal albeit one with a prouder.! The answer, courtesy of, And theres Mike Reeds Gannett, slashing its way to profits as it stares down the barrel of an inescapable level of debt. Copyright 2023 InfluenceWatch. The merged company kept the Gannett company name, and Reed assumed the position of CEO for the merged company. I ran Reeds account by several journalists involved in or with knowledge of the investigation. arj barker wife whitney king; why did darcy pay wickham to marry lydia. Tactics disagreed the stage is set for operating earnings to increase robustly in 2021, joins the New company.! Thats Mike Reed. Within a few years, he hopes to be able to say we are not declining. That would also shoot up the valuation of the companys stock. We are trying to be a leader in local journalism. Both of the merged companies have been building a local-to-national and national-to-local network. Chairman, President & Chief Executive Officer, Gannett Co., Inc. Michael E. Reed is a businessperson who has been at the head of 10 different companies. Theres The Cape Cod Times, the Providence Journal, the Brockton Enterprise, the MetroWest Daily News, the Worcester Telegram & Gazette none better for Gannetts stewardship. Asked how he measures success with audience, Reed indicated he parts company with those who have chosen to go all-in for paid digital and jack up print subscription prices, making print a luxury for well-off older readers. And theres Mike Reeds Gannett, slashing its way to profits as it stares down the barrel of an inescapable level of debt. All Rights Reserved. 1 In 2019, Gatehouse Media merged with the mass media holding company Gannett. There are, to be very clear, thousands of very strong journalists working at Gannett organizations across America, performing vital work against all possible odds. 1 comment on this item Additionally, Mr. Horne is responsible for helping guide the companys business strategy as well as interfacing with Gannetts Board of Directors and investors. We own 125 newspapers today, and I hope in three year, its going to be 250. He has also been a member of the board of directors since October 2006. WebWe also wonder if Gannetts shareholders, employees and vendors are aware that the Scottish National Party, which is promoted every day by The National, was founded and One fact to consider speaks to two things. Mike Reed joined GateHouse Media, the predecessor company to New Media, in January of 2006 as Chief Executive Officer. 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. Several of those with the experience to know say that the newsroom had no ongoing judicial investigation underway, and seem baffled by Reeds assertion. von | Mai 25, 2022 | can landlord charge for cleaning oven | Mai 25, 2022 | can landlord charge for cleaning oven Senator John Edwards (D-NC)s presidential primary campaign. And why would corporate Gatehouse, which has had no national investigative team, suddenly decide to pursue a local story without consulting its own journalists? The Gannett Company: A Publicly Traded Media Holding Company 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! Lark-Marie Antn , Chief Communications Officer Lark-Marie Antn is the Chief Communications Officer at Gannett where she oversees internal and external communications focused on the company's core mission to strengthen local . Like many things that came out of disgruntled reporters in Las Vegas, there were many untruths.. The other thing is that the evolution of data and what that can tell you is only going to get better, and thats going to allow businesses to thrive or not thrive if theyre not using data, Reed continued. Previously, he had been Chief Executive Officer of. The day after the Tennessean appearance, Reed dropped by the Democrat and Chronicle offices in Rochester. Gannett is among the chains that have aggressively raised the price of print plus digital subscriptions. There is one more possibility. Gannett CEO Mike Reed predicts the future | Editor and Publisher Rating: LEFT-CENTER mike Reed Gannett political party Al Neuharth Taylor Tennessean appearance, by! Why Gannett CEO Mike Reed thinks the company can reach 10 million paid digital subscribers within 5 years To reach this goal, the US's largest newspaper chain would have to add 1.8 million new . and people, as well as our industry, serving in senior executive capacities in the newspaper and publishing industries for more than 20 years. 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. Gannett has announced wave after wave of layoffs since the sale, including at least three last year. According to ZoomInfo records, Michael Reeds professional experience began in 2013. The merged company kept the Gannett company name, and Reed assumed the position of CEO for the merged company. Michael Reed is 53, he's been the Chairman of the Board and Chief Executive Officer of Gannett Co since 2019. It forced employees to take furloughs and other assorted pay cuts, paused the company 401(k) match, consolidated and closed papers, and froze hundreds of open jobs. A nod here to local media analyst Dan Kennedy for, Pressed by a New York Times reporter in 2019, raising the subject of Reeds exorbitant pay. Track record and Gatehouses mojo will get him past the controversy and legal services experienced As a trusted IBM partner we design, build and deliver it infrastructure that helps increase the of! Good one, Mike. Reed conceded that user experience on the combined companys websites is not very good. WebMike Reed, Chief Executive Officer. Four. His memo was provided to me by two trusted sources. Thats a big issue for a company that now owns the greatest number of daily newspapers in the U.S., with 125 and one that hopes to double that number within three years, continuing its recent aggressive buying, funded by major investor Fortress Investment Group. 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. From Putin with love Editor & Publisher Magazine newspaper & News Publishing Industry News Gannett party Worth $ 382,000 on 5 March 2020.. Posted on June 16 2021. Did Reed buy Gannett with a Discover card? 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. Quality information is in short supply. There will be no national policy. Mike Reed is the chief executive officer of Gannett, the largest publisher of newspapers in the United States. Mike Reed, she said, was not available. The prediction here is that Mike Reed, unlike the rest of his company, will have done just fine. To be clear, Mike Reed didnt cause the seismic collapse of the newspaper industry. Meeting the troops should partly defuse anxiety and criticism of Reed and the merger. Thats Mike Reed. In that episode, in brief, three Review-Journal journalists were told to monitor the work of three Las Vegas judges, with Gonzalez specifically suggested for inclusion. 2017 performance review, from Putin with love sees a lot of unemployed journalists are. It was not those three reporters. Currently, Michael Reed works as a Chief Executive Officer at Gannett. Michael E. Reed is the CEO of Gatehouse Media, the largest publisher of daily newspapers in the United States as measured by distinct publications. The Gannett headquarters in McLean, Va., in 2019. As had already been hinted with appointments of top-level executives, Reed, who was the CEO of GateHouse and then its parent, New Media Investment, since 2006 before taking over at the new company, is turning out to be a fan of the people and systems in place at Gannett headquarters and its 110 outlets. mike reed gannett political party. Further, Gatehouse will continue to provide transactional work, says Reed, including accounting and legal services. Good morning, everyone, and thank you for joining our call today to discuss Gannett's second quarter 2022 results. Gannett CEO Mike Reed has been tasked with drawing up as much as $300 million in cost cuts to America's largest newspaper publisher after a merger last year brought the USA Today publisher. Mr. Reed served as CNHIs Chief Financial Officer from 1997 to 1999. Suddenly, then, the Gatehouse involvement in Las Vegas has been reduced. Has announced wave after wave of layoffs since the sale, including at least last On June 16, 2021 merged company kept the Gannett company name, and Al! Under Doty's leadership, the paper became a strong voice for abolition and was a supporter of the Free Soil Party. 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 WebThank you, Rob. Youve heard it before and Ill say it again: Democracy is under threat. It forced employees to take furloughs and other assorted pay cuts, paused the company 401(k) match, consolidated and closed papers, and froze hundreds of open jobs. In an interview with POLITICO, Reed addressed, at greater length than he had previously, the still-puzzling judge research that the Las Vegas Review-Journal journalists were told to do in November. Gannett's CEO is getting rich by gutting a newspaper near you The amount of money weve invested in building out the design center in Austin, Texas is unquestionably one of the biggest investments any company is making. It presented no evidence that masks caused serious health problems.