"We have the best person in place to get us through some of these turbulent times," Kevin McClatchy, a descendant of the McClatchy Co.'s founder, says of CEO Gary Pruitt (left) in a Page One Wall Street Journal story today. Board member Larry Jinks says the entire board expects Pruitt "to be the CEO into the future."Department of Yeah, Right: McClatchy says his family "isn't comparable to the larger Bancroft family, which divided into factions this year after Rupert Murdoch's News Corp. offered to buy Dow Jones & Co., the parent of The Wall Street Journal, for over $5 billion. The Bancrofts eventually agreed to sell their controlling interest, leaving some family members bitter." (Blogger Kevin Gregory at McClatchy Watch offers his take on Pruitt, here.)
Does Gannett's board of directors hold the same confidence in CEO Craig Dubow? We'd love to know! Use this link to e-mail me, directors. See Tipsters Anonymous Policy in the sidebar, upper right. Or leave a note in the comments section, below.
[Photo: McClatchy. Hat tip, Romensko]
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