Chicago Sun-Times Media Group institutes management changes
The new board of directors for Chicago Sun-Times Media Group, Inc. appointed several new people to management positions Wednesday, according to the Chicago Tribune.
The changes follows the company's closure of 12 weekly papers and comes amidst attempts to cut back expenses and debt.
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The new chairman is Jeremy Halbreich, former general manager of the Dallas Morning News and one of three directors elected last month when a dissident shareholder's succesful proxy fight ousted all but one of Sun-Times Media's sitting directors. As chairman, Halbreich succeeds Raymond Seitz, who lost his seat in January in the proxy fight.Halbreich was named CEO for the time being, as well. Other positions filled include vice chairman of the board, president, and publisher.
The changes follows the company's closure of 12 weekly papers and comes amidst attempts to cut back expenses and debt.
To read more, click here.

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