WEDNESDAY, JANUARY 4, 2006
New York ObserverIn December, the New York Times
canceled the 15% discount for employees on stock purchases. About the same time, Times bigwigs were given generous stock handouts.
Gabriel Sherman reports Times Co. CEO
Janet Robinson received 74,000 shares of free Class A stock worth about $2 million, while publisher
Arthur Sulzberger Jr. got 30,000 shares, worth a bit less than $800,000, plus stock options worth about $4.1 million. ALSO: Senior vice president
Martin Nisenholtz (8,000 shares, a bit more than $200,000); and vice president for corporate communications
Catherine Mathis (1,750 shares, worth just under $50,000). Chief financial officer
Leonard Forman, president
Scott Heekin Canedy, and vice chairman and International Herald Tribune publisher
Michael Golden all received 12,000 shares, worth a bit more than $300,000.
Posted at 7:46:21 AM
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