Gannett business partner William Singleton (left) will earn up to $1.5 million as CEO of Affiliated Media under a reorganization plan, after seeking bankruptcy protection last week, alternative weekly Westword of Denver notes today. Affiliated is the holding company for MediaNews Group, owner of The Detroit News, The Denver Post and 52 other U.S. newspapers. The News is published under the Gannett-controlled Detroit Media Partnership joint operating agency, which also publishes GCI's Detroit Free Press.Earlier: What happens to the Detroit newspapers now? Plus: a primer on annual bonuses for Gannett's top executives
Please post your replies in the comments section, below. To e-mail confidentially, write jimhopkins[at]gmail[dot-com]; see Tipsters Anonymous Policy in the rail, upper right.
I wonder if Gannett is included in this group:
ReplyDeleteNext month, the IRS begins an effort to audit 6,000 companies with a focus on their employment policies, including fringe benefits and officers' compensation. The IRS has also taken an increasingly tough stance on deductions companies take for highly paid executives and how deferral of pay by such executives is treated.
Full story here:
http://news.yahoo.com/s/nm/20100122/bs_ ... x_execcomp
The link was shortened; sorry. Here is the full link:
ReplyDeletehttp://news.yahoo.com/s/nm/20100122/bs_nm/us_tax_execcomp