Gannett is back down to one CEO

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Poynter / Rick Edmonds / Jun 22, 2020

Paul Bascobert, the operating CEO, is out, with corporate CEO Mike Reed taking over his responsibilities. Fun fact: While Reed is CEO of Gannett — a publicly traded company — his salary and compensation are secret because he’s technically not a Gannett employee; officially, he works for the private equity firm Fortress. —

Tags: Fortress Investment Group, Gannett, Mike Reed, Paul Bascobert