September 22, 2014 2:22 PM ET

Media

Company Overview of Gannett Co., Inc.

Company Overview

Gannett Co., Inc. operates as a media and marketing solutions company in the United States and internationally. It operates through three segments: Broadcasting, Publishing, and Digital. The Broadcasting segment operates 43 television stations and affiliated online sites, which offer news, sports, entertainment, and advertising content. The Publishing Segment operates 82 U.S. daily publications with affiliated online sites, including USA TODAY, a national, general-interest daily publication; USATODAY.com; USA WEEKEND, a magazine supplement for publishing companies; Clipper magazine, a direct mail advertising magazine; and magazines for nurses and allied health professionals, as well as offer...

7950 Jones Branch Drive

McLean, VA 22107

United States

Founded in 1906

31,600 Employees

Phone:

703-854-6000

Key Executives for Gannett Co., Inc.

Chief Executive Officer
Age: 62
Total Annual Compensation: $2.9M
Chief Financial Officer
Age: 49
Total Annual Compensation: $1.3M
President of Gannett Broadcasting
Age: 55
Total Annual Compensation: $1.3M
President of U.S. Community Publishing Division
Age: 56
Total Annual Compensation: $1.3M
Chief Digital Officer and Senior Vice President
Age: 51
Total Annual Compensation: $965.0K
Compensation as of Fiscal Year 2013.

Gannett Co., Inc. Key Developments

Gannett Co., Inc. Names Kari Jacobs as General Manager of WVEC-TV in Norfolk

Gannett Co., Inc. announced Kari Jacobs as the new General Manager of WVEC-TV in Norfolk, VA. Jacobs previously served as Director of sales at WVEC. She succeeds Brad Ramsey, who has been named Vice President of Sales for Gannett Broadcasting. Jacobs has also served as local Sales Manager for Cox Media in Norfolk and previously as local sales manager at WVEC. Jacobs has also worked as Account Executive and General Sales Manager of Sinclair Communications' FM radio station group in Norfolk.

Gannett Co., Inc. Names Pamela Henson as President and Publisher of the Post-Crescent in Appleton, WI

Gannett Co., Inc. announced Pamela Henson has been named president and publisher of The Post-Crescent in Appleton, WI. In addition, Henson will become regional president of Gannett Wisconsin, overseeing all 10 of the company's Wisconsin properties. She succeeds Genia Lovett, who retired from the same position in June and will report to Laura Hollingsworth, central group president for Gannett U.S. Community Publishing (USCP).

Gannett Co., Inc. Announces Completion of $675 Million Offering of Senior Notes

Gannett Co., Inc. announced the successful completion of its previously announced private placement offering of $350 million aggregate principal amount of its 4.875% senior notes due 2021 and $325 million aggregate principal amount of its 5.500% Senior Notes due 2024. The company intends to use the net proceeds from the offering plus available cash and borrowings under its revolving credit facility to finance the acquisition of all of the outstanding membership interests of Classified Ventures, LLC that it does not already own. Any remaining proceeds may be used for general corporate purposes.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 5, 2014
Classified Ventures, LLC
Spin-Off/Split-Off
August 5, 2014
Gannett Co., Inc., Publishing Business
Merger/Acquisition
June 2, 2014
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