Sam Zell

Zell names a new COO

Perhaps Sam Zell realized his troubled new company needs a full-time boss, or maybe he just tired of his newspaper toys after a few months in charge. Whatever, executive VP Randy Michaels today was named Tribune Company chief executive operating officer, "responsible for all aspects of the company’s publishing, broadcasting and interactive divisions." This means that L.A. Times Publisher David Hiller now reports to Michaels, not Zell. This time there was no gag press release or frat-boy humor, just a terse announcement from Zell and a quip from Micheals that "people are saying ‘newspapers are dead'...so, naturally, I want to take on even more responsibility for our print business." WSJ, Chicago Tribune, E&P

New Zell-watching blog: Tell Zell claims to be written, anonymously, by a "loyal Los Angeles Times peon....most of the time." It parses the latest from innovation guru Lee Abrams.


More by Kevin Roderick:
Standing up to Harvey Weinstein
The Media
LA Times gets a top editor with nothing but questions
LA Observed Notes: Harvey Weinstein stripped bare
LA Observed Notes: Photos of the homeless, photos that found homes
Recent Sam Zell stories on LA Observed:
Sad but true: Sam Zell writing a book called 'Gravedancer'
New CEO named at Tribune, old publisher at Times
Tribune exits bankruptcy after four years, ending Sam Zell era *
Judge says he will OK Tribune's plan for ending bankruptcy
Finally, some good Sam Zell news
Zell throws a hundred grand Karl Rove's way
Times employees' suit over Zell deal officially wrapped
Tribune has paid $231 million in bankruptcy fees so far


 

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