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Newspaper CEO resigns with $37 million payout

Gannett head oversaw closing of Tucson Citizen

The head of the parent company of the Arizona Republic, the shuttered Tucson Citizen - and part owner of the Arizona Daily Star operation - resigned Thursday. Gannett CEO Craig Dubow may be paid out as much as $37 million, after five years in which the company's stock dropped from $72 to $10.
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2 comments on this story

1
2 comments
Oct 7, 2011, 3:16 pm
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Gannett has seen it’s revenues fall?

2
1770 comments
Oct 13, 2011, 10:55 am
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Wow…$37 million. How will he ever survive?

Too bad some of that money wasn’t used to hire more competent, unbiased reporters. Perhaps if it were things would be different now.

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