for someone running what many consider a dead-end business, Mike Sheehan is incredibly optimistic. The former Hill Holliday ad executive, who took over as the Boston Globe’s first-ever CEO in January, believes the newspaper can invest more in its journalism and come out ahead financially.

He laid out his sunny philosophy at the unveiling of the Globe’s new political section in June at the Paramount Theatre in Boston. “You cannot cut your way to success,” he said. “You can only invest your way to success.”

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