Tribune Company prepares for spin-off of Tribune Publishing by naming its executive team
The Tribune Company named the executives that will manage the soon-to -be spinoff Tribune Publishing. Eddy Hartenstein, publisher and CEO of the Los Angeles Times, will become Non-Executive Chairman of the Board, while Jack Griffin, who has been advising Tribune Company, was named Tribune Publishing CEO.“This is an experienced leadership team, all of whom have the necessary vision and expertise to lead Tribune Publishing into its next chapter,” said Peter Liguori, President and CEO of Tribune Company. “With Eddy and Jack in place, I am confident that Tribune Publishing will continue to prosper far into the future and provide the quality journalism that has been the hallmark of its newspaper brands and digital services.”
Hartenstein has been the publisher of the LA Times since 2008. Griffin is best known for his run with Time Inc. from 2003 to 2010. He also was at Meredith Corporation where he was president of the publishing group.
Tribune Company had previously named John Bode CFO for Tribune Publishing in September and he will continue in that role. The company also announced that Tony Hunter, who is President and CEO of Chicago Tribune Media Group and Publisher of the Chicago Tribune, will retain his role and titles.
Once Tribune Publishing is spun off its properties will include the Chicago Tribune, the Los Angeles Times, The Baltimore Sun, the Sun Sentinel, Orlando Sentinel, the Hartford Courant, The Morning Call and the Daily Press.
No date was given for the actual spin off, and it is still possible that that Tribune Company will sell off the properties rather than complete that spin off – though the longer this all goes on the more it looks like the spin off will happen. (The Tribune’s own story says ‘mid-year’.)