Monday, August 18, 2014

Here's what Beutner will be paid as LA Times publisher - LA Observed

Here's what Beutner will be paid as LA Times publisher - LA Observed

By Kevin Roderick

The website Footnoted noticed a late-Friday SEC filing by the newly formed company Tribune Publishing that details the compensation package for new Los Angeles Times publisher Austin Beutner. While being paid $675,000 a year base salary plus an annual bonus with the target of the same amount, Beutner will also start to build up a little ownership stake — a head start in case he ever wants to buy the Times. The employment agreement is for three years and provides that Beutner gets a year's base salary (and more) as severance if he is terminated or leaves for good case — "which may include a change in control."

1 comment:

Anonymous said...

read times wants 2 go 2 smaller paper but not tabloid..berliner size is next. about 2 thirds the length of paper thier printing now...be able 2 get 40thousand more pages from a roll instead of 30thousand. example. intead of kicking out 60thousand papers a hour they will be able 2 kick out 80thousand running same speed. less running time needed and less crews needed. probably just save retrofiting cost now and outsource it 2 presses that run beliners