New Los Angeles Times CEO Will Be Paid a Starting Salary of $1 Million

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The new CEO and publisher of the Los Angeles Times will have a starting salary of $1 million, and he's positioned to make much more depending on the financial success of the Los Angeles Times and the company that owns it, Tronc.

Ross Levinsohn, 54, the former interim CEO of Yahoo, took over as the head of the Los Angeles Times on Monday in a leadership shakeup at the newspaper.

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