I received your voicemail and earlier e-mail. You hadn't heard back from me because at Gannett, as at many companies, it's not our practice to report back to those who lodge ethics complaints. That said, as you know from the Friday audiocast, an independent outside law firm was retained to conduct a review. The firm reported its conclusions to Karen Hastie Williams and me, which were that the Gannett Foundation grants in question violated neither the Gannett Ethics Policy nor the law, including SEC disclosure rules.Still missing: $40K
Gannett still won't answer a central question that spurred my complaint: the whereabouts of $40,000 in Gannett Foundation grants that Dubow steered to a North Carolina university, where it may have wound up in the Craig A. and Denise W. Dubow Scholarship Fund. The scholarships are limited to students in three counties in west North Carolina, so they're off-limits to virtually all employees.
As a shareholder, I'm now going to contact the enforcement division of the U.S. Securities and Exchange Commission.
ReplyDeleteGCI is a morally and ethically bankrupt company and needs to be shut down.
ReplyDeletego get em jim - this is VERY important!
ReplyDeleteWhat the board and others apparently miss is that this is really a question about character and integrity.
ReplyDeleteAnd, through Dubow’s actions he’s demonstrated that he not only has little, but that its okay for others take whatever spoils they can too.
I'm grateful to you, Jim, for contacting the SEC on our behalf. This is a disgrace.
ReplyDeleteKeep it up, Jim. That ass has no shame.
ReplyDeleteFunny how the more these guys have, the worse they act.
I love this quote...
ReplyDelete"...it's not our practice to report back to those who lodge ethics complaints."
Why not?
Is it because they get so many?
Or is it just Gannett's arrogance at having to answer to someone other than the annointed few?
Jim, you know all too well that when someone doesn't answer a question directly, it means they are usually hiding something.
No, because they are frivolous, waste of time things that divert someone at the company from doing their real job while having to work on stupid stuff. I have an idea, let's file an ethics claim against every journalist who claims to work more than they do, or every accountant who takes a pencil home. Let's clog the hallways with more rediculous things that keep company from doing what it should.
ReplyDeleteAnother stinkin waste of time. How about we all write about journalists ethics crap...my friend in news gets free coffee at the Starbucks. I say we string him up.
ReplyDeleteCan I have his Starbucks coffee, then, since it sounds like he won't be needing it anymore?
ReplyDelete