tag:blogger.com,1999:blog-8099437767970534324.post1757044886667264861..comments2023-11-05T06:26:51.316-05:00Comments on Gannett Blog: Bulletin: CEO Dubow earned $4.7 million last year; includes $1.5M bonus after he ordered mass layoffsJim Hopkinshttp://www.blogger.com/profile/16712746705871119746noreply@blogger.comBlogger65125tag:blogger.com,1999:blog-8099437767970534324.post-86741570020096577392010-03-30T14:32:17.456-04:002010-03-30T14:32:17.456-04:00To Anonymous who posted at 10 a.m. 3/18/10, who co...To Anonymous who posted at 10 a.m. 3/18/10, who correctly notes the dramatic share price increase over FY 2010. Yes, but it's largely an artifact of the market. Over the same period (May 2009 - March 2010): The Dow Industrials were up 2,600 points; Post/Newsweek was up 100 points; A.H. Belo quadrupled. I'm a capitalist and used to advise whiners to buy the stock but as Anonymous 3/18/10 Kelly Kaufholdhttp://kellykaufhold.com/wordpressnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-32795971799071937722010-03-26T09:48:04.424-04:002010-03-26T09:48:04.424-04:00I cannot believe that he gets a big raise or bonus...I cannot believe that he gets a big raise or bonus....regardless.... if Gannett feels the need to spend money......Fix up the offices they are delapidated and falling apart and obviously the heat has been turned off for several weeks to save money so we all freeze in our offices. This compnay is a joke that I work for!!! Worse company I have ever worked for in the Corporate world!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-27599742343223115312010-03-25T08:40:09.278-04:002010-03-25T08:40:09.278-04:00This really upsets me, I cannot believe that the l...This really upsets me, I cannot believe that the little guy has to go without pay and do furloughs several times to save the company money but then the company turns right around and gives it to the CEO's to live high on the hog! What is this world coming too! I am ashamed to be working for the company let alone disappointed in the company. And then to throw it in our face and print it allAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-7705981574773508772010-03-21T00:56:02.115-04:002010-03-21T00:56:02.115-04:00It's great to be ex-Gannett. I'm a journal...It's great to be ex-Gannett. I'm a journalist again - in a smaller market with not nearly the pay as before, but I've fallen in love again with what we do. Reading this blog again (I gave it up for more than a year) is like a kick in a the gut. But it's a reminder of why I'm glad I'm gone. The focus in Gannett corporate is not on good journalism, and announcements like Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-60235172680950602712010-03-19T22:30:25.994-04:002010-03-19T22:30:25.994-04:00This comment has been removed by a blog administrator.axtteamfreedomhttps://www.blogger.com/profile/04383387448839292917noreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-44593709996623088652010-03-19T21:34:22.572-04:002010-03-19T21:34:22.572-04:00Here's some interesting Hunke real estate deta...Here's some interesting Hunke real estate details from the Bloomfield Township Assessor site http://www.bloomfieldtwp.org/ : <br /><br />When Hunke moved to Detroit he paid $1.5 million for his home in Bloomfield Hills, MI (Parcel # C -19-24-377-003) in November 2005. He was actually able to sell the home in July, 2009 for $950,000 for a loss of $550k. <br /><br />I'm surprised that he Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-88787128150898829222010-03-19T21:15:23.385-04:002010-03-19T21:15:23.385-04:00So Gannett sent all employees who own stock the pr...So Gannett sent all employees who own stock the proxy by work email but it was very coy and many people i know trashed it without reading it. I kept mine, forwarded it home and just now voted for proposal four which would stop the tax grossup that is part of the tricky ceo secret lucrative bonus pay that is killing so many companies. also voted against the 2010 omnibus exec compensation and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-39675967942503624282010-03-19T15:37:19.352-04:002010-03-19T15:37:19.352-04:00How much more will he make after dumping Honolulu ...How much more will he make after dumping Honolulu and Detroit?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-68619796579995956622010-03-19T14:58:24.181-04:002010-03-19T14:58:24.181-04:00Let it be known that I'm a capitalist, and I&#...Let it be known that I'm a capitalist, and I'm all for companies turning profits (ideally, large profits). But when I see CEOs like Craig Dubow making out like bandits -- while Gannett downsizes and lays off personnel -- it makes me sick. <br /><br />I hope Mr. Dubow sleeps well at night.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-14444743581277446052010-03-19T14:21:07.818-04:002010-03-19T14:21:07.818-04:00Still don't see anything in the proxy that tel...Still don't see anything in the proxy that tells shareholders and the board about the OT lawsuit filed in, I believe it was November last year. Seems they used to include that in a section called unresolved employee something-or-other. If you see it, please let me know where to look. If it's not there and should be, shame on Gannett.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-5140842852936573732010-03-19T14:20:11.067-04:002010-03-19T14:20:11.067-04:00Gannett, worst job ever. I live in squalor with no...Gannett, worst job ever. I live in squalor with no health insurance and a medical bankruptcy over my head thanks to Kool-Aid swilling Gannett flunkies. But ya know what? I'm happier. I miss writing, but Gannett cured me of journalism forever.Janet Vandenabeelehttps://www.blogger.com/profile/13656982424641071783noreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-67866245081074028662010-03-19T14:17:44.097-04:002010-03-19T14:17:44.097-04:00Killing the goose that lays the golden egg is an o...Killing the goose that lays the golden egg is an old story --<br /><br />But do stockholders read?<br /><br />So the company lays off all its geese, looses it golden egg layers but the CEO still makes money?<br /><br />One supposes that the vault probably had enough cash to pay the CEO bonus but that by now its empty.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-44365952910144592202010-03-19T14:13:13.074-04:002010-03-19T14:13:13.074-04:00OK, so let me get this straight: Content is king a...OK, so let me get this straight: Content is king and the future of the news biz.<br /><br />GCI lays off 6,000 people, mostly responsible for, well, content.<br /><br />Between Dubow, Martore and the other, GCI shelled out $5.28 million MORE last yr on salaries/bonuses.<br /><br />And someone can easily explain why it's better to spend $5.28 million more on these five clowns than on actual Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-30443704167845819922010-03-19T14:08:04.214-04:002010-03-19T14:08:04.214-04:00Anon 1PM - Anon 12:34 here.......
Here is my diffe...Anon 1PM - Anon 12:34 here.......<br />Here is my different perspective -- I strongly believe in capitalism and earning/keeping the fruits of ones labor - but not earning it by climbing over the bloodied bodies of my employees and to the ultimate detriment of my company. Each company has to decide what it wants to stand for as a Brand and corporate citizen. They need to hire leaders and employeesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-37326732072318080212010-03-19T13:00:56.613-04:002010-03-19T13:00:56.613-04:0012:34 -- I agree with you. The trouble is our fina...12:34 -- I agree with you. The trouble is our financial system is set up to reward companies for short-term gains, while there is little incentive to build a company that is sustainable for the long run. <br /><br />Letting GCI stock drop to under $2 a share last year was the result of major mismanagement, yet Dubow and company were rewarded for that gaffe because they were able to cash in Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-75243745211142366692010-03-19T12:34:08.144-04:002010-03-19T12:34:08.144-04:00From a humanity point of view (is there such a thi...From a humanity point of view (is there such a thing in big business anymore?), I don't know how these execs and board members sleep at night. I couldn't in good conscience lay off so many employees and then keep a monsterous bonus that could help the company as well as the employees. When will the Boards start hiring execs that aren't greedy pigs and truly care about the employees Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-71687187859203711422010-03-19T12:23:53.941-04:002010-03-19T12:23:53.941-04:00The worst thing about newspaper bankruptcies like ...The worst thing about newspaper bankruptcies like MediaNews and Tribune, is that the lenders actually agree to let the guys who stuck them for BILLIONs keep control of the company.<br /><br />The Marie Antoinette analogy is quite appropriate. There is a ruling class, of which Gannett Directors and Corporate management are members, that will never be restrained from their excess unless their is Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-20686172805930179042010-03-19T11:59:03.032-04:002010-03-19T11:59:03.032-04:00"The emperor has NEW clothes!""The emperor has NEW clothes!"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-39065947733337809322010-03-19T11:30:30.916-04:002010-03-19T11:30:30.916-04:00Marie Antoinette's head ended up on a pike. N...Marie Antoinette's head ended up on a pike. Not that I'm advocating violence. But, giving yourself fat bonuses while the company flounders is not sustainable.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-27000105517699776442010-03-19T10:29:54.634-04:002010-03-19T10:29:54.634-04:009:16 -- Sorry to hear that. I think Media News is ...9:16 -- Sorry to hear that. I think Media News is one company that's even worse than Gannett. Not only do they seem to have similar policies, but they have even bigger financial struggles on top of them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-35934164811995376922010-03-19T09:16:48.665-04:002010-03-19T09:16:48.665-04:00I work for a Media News news paper(Dean Singleton,...I work for a Media News news paper(Dean Singleton,CEO). We went through staff cuts, pay cuts, furloughs, vacation cuts and more this last year, and morale couldn't get any lower. The company filed for bankruptcy to reorganize their huge debt, and the big shots got huge bonuses for getting the bankruptcy done ahead of schedule. The rank and file are sick to their stomach. I have to find Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-72471865507112120512010-03-19T02:09:20.121-04:002010-03-19T02:09:20.121-04:003:27 -- I think my football analogy works fine. In...3:27 -- I think my football analogy works fine. In the NFL, coaches are regularly fired because they "didn't meet expectations" not because they didn't compare well to other coaches. <br /><br />Tony Dungy, Steve Mariuchi, Don Shula and numerous others have been ousted at times when they compared very favorably to other coaches in the league. They just didn't meet the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-29478311249650662302010-03-18T23:30:49.589-04:002010-03-18T23:30:49.589-04:00Yes, they have raised the price of the stock by dr...Yes, they have raised the price of the stock by draining the company of value. Great for the short term, but a disaster in the long run.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-52424318583576221642010-03-18T23:11:32.229-04:002010-03-18T23:11:32.229-04:00If my relative died and I later read that one of t...If my relative died and I later read that one of the mourners accepted something in return for attending the funeral, I'd be so very offended.<br />Does anyone have that humanitarian trip policy handy?<br /><br />Is this a joke?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-43779672858637251522010-03-18T22:23:49.707-04:002010-03-18T22:23:49.707-04:00Come on Jim! You can criticize them for a lot but ...Come on Jim! You can criticize them for a lot but saying Dickey and Hunke have bad real estate judgment..please. Every person in America who owns a house saw their value go down by 20 to 40 percent. We understand you hate the fact they got large bonuses but please, show some journalistic perspective. I mean dude if Sparky didn't own a home, where would you be?<br /><br />Now if you want to Anonymousnoreply@blogger.com