Reed to Chair New Board of Combined New Media, Gannett.
| Date | 30 October 2019 |
| Published date | 30 October 2019 |
M2 EQUITYBITES-October 30, 2019-Reed to Chair New Board of Combined New Media, Gannett
(C)2019 M2 COMMUNICATIONS http://www.m2.com
30 October 2019 - US-based media companies New Media Investment Group Inc. (NYSE: NEWM) and Gannett Co., Inc. (NYSE: GCI) have named the expected members of the board of directors for the combined company, effective upon completion of the proposed acquisition of Gannett by New Media, the companies said.
The board will have nine members, including Michael Reed as chairman, five independent directors from New Media, and three directors from Gannett.
Michael Reed, chairman and chief executive officer Reed will serve as chairman of the board. He has served as the chief executive officer of New Media since its spin-off in 2014 and served in the same capacity for its predecessor company, GateHouse Media, Inc., dating back to January 2006.
Kevin Sheehan, lead Independent director Sheehan has a more than...
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