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The New York Times Company Announces Nominations for Board of Directors

Donnerstag, 16.02.2017 23:55



NEW YORK --(BUSINESS WIRE)--

The New York Times Company announced today that its Board of Directors nominated Hays Golden to stand for election as a director at its 2017 annual meeting of stockholders on April 19. All current directors will stand for re-election with the exception of Ellen Marram, a director since 1998, and Carolyn Greenspon, a director since 2010, who are both stepping down.

Arthur Sulzberger, Jr., the chairman of The New York Times Company, said, “I am delighted to have Hays nominated to serve on our Board. In Hays, I believe we have another fifth-generation family member who not only has a deep understanding of the Company’s mission and business objectives, but also someone who lives its values.

“I am enormously grateful to Ellen for her dedicated service to our board. Ellen has been a director for almost the full length of my tenure as chairman, including serving as the presiding director from 2006 to 2013, and I am personally indebted to her for the many years of wise counsel and support over these almost two decades of tremendous change. Carolyn has played a crucial role in the continued development of the fifth-generation family members at the company. For this and all of her other contributions over the past seven years, I thank her.”

Dr. Golden, 32, works in commercial underwriting at the multinational insurance company, American International Group, Inc. (AIG). He holds a Ph.D. in economics from the University of Chicago. He attended graduate and undergraduate school at the University of Chicago and holds an M.A. in economics, a B.A. in economics and a B.S. in mathematics. Prior to joining AIG, he was a research associate at the Becker Center in Chicago, where he did academic research on business and crime.

Ms. Marram, with 19 years of service, has served on many of the board’s committees, including the Audit and Finance committees, each of which she has chaired, the Compensation committee, and the Nominating & Governance committee, which she currently chairs. Ms. Greenspon, who has served on the board for seven years, is the first member of the fifth generation of the Ochs-Sulzberger family to serve on the board. She is a member of the board’s Finance Committee.

About The New York Times Company

The New York Times Company is a global media organization dedicated to enhancing society by creating, collecting and distributing high-quality news and information. The Company includes The New York Times, NYTimes.com, and related properties. It is known globally for excellence in its journalism, and innovation in its print and digital storytelling and its business model. Follow news about the company at @NYTimesComm.

This press release can be downloaded from www.nytco.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170216006376/en/

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