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."
at

1 comment:

  1. Anonymous4:56 PM

    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

    ReplyDelete

For now, we're opening this blog to Anonymous comments. This will continue as long as civility rules. Disagree as you may, just keep it clean and stay on topic. No profanity, and no name calling. We reserve the right to moderate such comments, though the person who made it may come back and reword their message in a more civil way.