December 4, 2002 |
Tribune Co., publisher of the Los Angeles Times, elected Dennis FitzSimons chief executive effective Jan. 1, replacing Chairman and CEO John Madigan. FitzSimons, 52, currently is president and chief operating officer. Madigan, 65, will remain chairman until Dec. 31, 2003, when he will retire.
July 18, 1990 |
A management review at the Tribune Co. has revealed the misappropriation of about $900,000, apparently by a member of the management staff, the company said Tuesday. The company identified the employee involved as Robert L. Dickey, 44, a marketing manager with the Chicago Tribune newspaper.
April 11, 2009 |
Tribune Co. has disclosed that the U.S. Department of Labor has opened an investigation into the company's employee stock ownership plan, or ESOP. The Labor Department sent a subpoena March 2 to the Chicago-based media company seeking "an extensive range of documents," Tribune Co. said in a filing made Thursday as part of its bankruptcy case. The company said it produced documents that its lawyers say "substantially complied" with the subpoena.
January 29, 2005 |
Tribune Co. said fourth-quarter profit fell 36% on costs to cut jobs and higher newsprint prices. Net income dropped to $216.8 million, or 67 cents a share, from $338.4 million, or $1, a year earlier, the company said. Sales rose 1% to $1.48 billion. Tribune shares rose 62 cents to $39.63 on the NYSE.
April 25, 2007 |
The Sun in Baltimore said it would offer buyouts to about 50 employees, including 15 in its newsroom. Tribune Co., which owns the Sun as well as the Chicago Tribune and Los Angeles Times, accepted an $8.2-billion buyout offer from real estate tycoon Sam Zell earlier this month. The other two newspapers have disclosed plans to cut their staffs by as many as a combined 250 jobs.