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Bay Citizen CEO follows editor-in-chief out the door

avatar by Published Oct. 24, 2011 10:16 am Updated Oct. 24, 2011 10:22 am

Bay Citizen | Press release
Lisa Frazier, who has led The Bay Citizen from its inception in 2009, says for personal reasons she’s asked the board to begin searching for her replacement. “I set out to transform an idea into a reality and to build the foundation for that reality to continue,” says the departing chief executive. “I’ve created jobs in a field of journalism that is disappearing, in a recession, but to do so in a way that has a sustainable infrastructure.” Frazier’s announcement comes six weeks after Jonathan Weber resigned as Bay Citizen editor-in-chief to join Reuters. She was a partner at McKinsey & Company before joining the nonprofit online news site — a New York Times partner — in 2009. The Bay Citizen notes in its story that Frazier’s $400,000 salary was often criticized in the media. || Just announced: Bay Citizen and Texas Tribune launch open-source publishing platform.

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  • Anonymous

    I don’t know Lisa Frazier or whether her departure is a good or bad thing. But I do know that $400K is a lot of money in the journalism/news biz. So Bay Citizen pays Frazier $800K over two years and she leaves. Lousy investment. Surely BC could have spent that amount (or even half of it) on one or two editors and better served the nonprofit.

  • http://twitter.com/PeterOlafson Peter Olafson

    I trust the $400,000 will be reinvested on the news side? 

  • Reykjavik

    Imagine that: McKinsey consultant with no job experience in media washes out. That’s never happened before. I can’t tell you how many McKinseyites litter the halls of big media, with their only experience being on engagement teams and never having worked a real job outside of consulting.