Gannett Co. CEO Paul Bascobert Will Leave the Company After Board Eliminates Position

Gannett Co., on Thursday said that the CEO of its operating company, Paul Bascobert, will leave the company after the board eliminated his position to streamline its operating structure.

The departure is not the result of any inappropriate action or violation of policy by Bascobert, or by any deterioration in the business, the company said.

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