New York Times Co. Confronts Leadership Vacuum as Shares Follow Sales Down

Posted
By: Edmund Lee and John Helyar | Bloomberg.com

The departure of New York Times Co. (NYT) Chief Executive Officer Janet Robinson last month leaves the company with a leadership vacuum amid falling revenue, profit squeezed by pension costs and pressure from family members to restore a dividend once worth more than $20 million a year.

Robinson, 61, was pushed out by Chairman Arthur Sulzberger Jr. and his cousin Michael Golden, said a person familiar with the situation.































Comments

No comments on this item Please log in to comment by clicking here