Scripps Paid Former Head of Newspaper Division $4.4M Severance

By: Dan Monk |

The man who once ran E.W. Scripps Co.’s newspaper division got more than $4.4 million in cash and stock awards after leaving the company last May. Details on severance payments to Mark Contreras were disclosed in the Scripps (NYSE: SSP) proxy statement to shareholders March 26.

Contreras was a senior vice president for six years until his “involuntary termination without cause” on May 25, 2011. The company wouldn’t say why Contreras was terminated.

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