With only two days left before his exit, Chris Saridakis (left) is selling Gannett stock like a man trying to lose funk from a skunk.
The departing chief digital officer has sold another 9,169 shares, according to a new regulatory filing today. Saridakis sold them Monday for $18.63 a share, or $170,818. These were shares he owned directly, rather than options such as the 24,000 he exercised and then sold last week, for a $344,160 profit.
Saridakis, 41, has been appointed CEO of the marketing services division at GSI Commerce outside Philadelphia. Friday is his last official day at Gannett. Corporate has not announced his replacement.
Earlier, he sold 5,693 shares, also owned directly, on March 24 for $16.55 a share, or $94,219, according to this U.S. Securities and Exchange Commission filing.