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Gannett CEO sits home for several months, earns $1.5 million bonus

Discussion in 'Journalism topics only' started by Baron Scicluna, Mar 19, 2010.

  1. Baron Scicluna

    Baron Scicluna Well-Known Member

    Gannettblog's Jim Hopkins reports on Gannett's annual filing. CEO Craig Dubow earned a total of $4.7 million, including a $1.5 million bonus, even though he was out for several months after back surgery.


    And this comes after 6,000 people were laid off.
  2. Magic In The Night

    Magic In The Night Active Member

    The 6,000 people laid off is the reason he got the bonus.
  3. Dr. Howard

    Dr. Howard Member

    Why doesn't he just dress up as a pirate, make the employees walk the plank, and then flip open the treasure chest and play with the gold coins? The death of newspapers is actually murder and it's an inside job.
  4. Mizzougrad96

    Mizzougrad96 Active Member

    When Dubow's surgery was announced, a buddy of mine, who is an executive editor at a Gannett paper, was at lunch with another member of management who said, "I hope he dies." and they both laughed for about five minutes.
  5. cyclingwriter

    cyclingwriter Active Member

    That is funny.
  6. lesboulez

    lesboulez Member

    i just laughed for five minutes.
  7. Mediator

    Mediator Member

    There is just no way to pretend Gannett is anything other than a cash machine for the suits now. The product circles the drain and they raid the bank.
  8. albert77

    albert77 Well-Known Member

    I could get a lot more worked up over Gannett's crap if I thought there was another major media corporation that was any better. Sadly, from the sounds of it, they're all about the same: a bunch of uncaring, corporate sharks.
  9. MileHigh

    MileHigh Moderator Staff Member

    If he quits, he'll pocket $19.3 million. If he's fired: $39 million.

  10. playthrough

    playthrough Moderator Staff Member

    Does he get a free subscription too?
  11. Baron Scicluna

    Baron Scicluna Well-Known Member

    I chuckled too.
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