The McClatchy Co. has announced that Larry Edgar has rejoined the company as corporate controller, the same position he held from 2005 to 2008. Edgar replaces Hai Nguyen, who resigned earlier this month to become chief financial officer for another Northern California-based company.
Edgar first joined McClatchy’s corporate finance department in 1998 as an accounting supervisor. In 2000, he was promoted to assistant controller and was named controller in 2005. Edgar left McClatchy in 2008 to become managing partner of Edgar & Associates, a family-owned business that provides tax and accounting services.
“Larry has been looking for opportunities to re-enter the corporate world so we’re thrilled to welcome him back to McClatchy,” said Elaine Lintecum, McClatchy’s CFO. “Larry led the finance and accounting team through the 2006 Knight Ridder acquisition, McClatchy’s largest transaction. He was involved in the complex purchase accounting around the transaction and was responsible for integrating many of the business operations and finance functions of the two companies. He is an accomplished accountant and a proven leader who knows our company well and appreciates our values. I expect he’ll pick right up where he left off– as a great controller for McClatchy.”
“For the past five years, I’ve watched from afar as McClatchy has continued its transformation into a modern media company with an exciting future,” Edgar said. “I’m ready to roll up my sleeves, get to work with some old friends and new colleagues and be part of that future.”