Gannett CEO On Medical Leave; Finance Chief To Lead
16 June 2009 - 7:06AM
Dow Jones News
DOW JONES NEWSWIRES
Gannett Co. (GCI) said Chairman and Chief Executive Craig Dubow
will take a temporary medical leave of absence after back
surgery.
Chief Financial Officer Gracia C. Martore will serve as the
publisher's principal executive officer until Dubow "is able to
return to work," the company said.
In a statement, Dubow said he looks "forward to a full
recovery."
"I am confident that Gracia and our strong, experienced
management team will continue to execute our strategic plan while I
am recovering," he added.
Gannett's shares closed Monday at $4.10, down 2.8%, amid a
general market sell-off; they were inactive after hours.
-By Kathy Shwiff, Dow Jones Newswires; 201-938-5975;
kathy.shwiff@dowjones.com