By: E&P Staff
One-time press baron Conrad M. Black has cut the last of his ties to the corporations he once used to operate papers from London to Jerusalem to Punxsutawney, Pa.
Hollinger International Inc., the publisher of the Chicago Sun-Times and dozens of other Chicago-area papers, announced late Thursday that “it has received letters from both Conrad M. Black and Barbara Amiel Black informing the company of their retirement from its Board of Directors, effective immediately.” Barbara Amiel Black is Black’s wife.
The couple previously had resigned — or been run off — the boards of holding company Hollinger Inc. and other entities Black used to assemble his newspaper empire.
Hollinger International last year ousted Black as its CEO and chairman, and is suing him and other former top executives for allegedly “looting” the newspaper company of some $400 million over a period of seven years.