Michael Pulitzer named chairman p.

By: M. L. Stein

MICHAEL E. PULITZER was named chairman of Pulitzer Publishing Co., succeeding his half-brother Joseph Pulitzer Jr., who died in May.
Pulitzer, 63, will also retain the offices of president and chief executive officer of the newspaper and broadcast chain.
Emily Rauh Pulitzer, the widow of Joseph Pulitzer Jr., will succeed her late husband as one of seven trustees in Pulitzer Publishing's controlling voting trust.
The voting trust votes as a bloc and controls 97.8% of stockholder voting power through shares that have 10 times the voting rights as the company's publicly traded shares.
Established in 1986, the voting trust has been effectively controlled by three major stockholders, the late Joseph Pulitzer Jr., Michael Pulitzer and David E. Moore, a Pulitzer family cousin.
Together the three controlled voting stakes amounting to about 93% of the company's Class B common stock.
Of the three, Joseph Pulitzer Jr. had the largest stake: 4.2 million shares with a 43% voting stake.
Neither Pulitzer Publishing nor the estate of Joseph Pulitzer Jr. has yet disclosed whether Emily Rauh Pulitzer will own or control her husband's stake.
In his will, Joseph Pulitzer Jr. placed ownership of the stock, as well as his extensive art collection, in a private trust. "The estate will disclose the beneficial ownership at the appropriate time," one of the executors, Pulitzer Publishing's corporate secretary James V. Maloney, said in a Post-Dispatch story written by Adam Goodman.
In a separate action, Emily Rauh Pulitzer was named to fill the vacancy on the company's board of directors resulting from her husband's death.
Emily Rauh Pulitzer, 59, had not previously been active in the company. She is a graduate of Bryn Mawr College with a master's degree from Harvard University and a former curator of the St. Louis Art Museum.