New York Times Management

Management criteria checks 2/4

New York Times' CEO is Meredith Kopit Levien, appointed in Sep 2020, has a tenure of 3.67 years. total yearly compensation is $10.28M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.051% of the company’s shares, worth €3.54M. The average tenure of the management team and the board of directors is 3.3 years and 5.3 years respectively.

Key information

Meredith Kopit Levien

Chief executive officer

US$10.3m

Total compensation

CEO salary percentage	9.2%
CEO tenure	3.7yrs
CEO ownership	0.05%
Management average tenure	3.3yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Meredith Kopit Levien's remuneration changed compared to New York Times's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$10m	US$946k	US$232m
Sep 30 2023	n/a	n/a	US$193m
Jun 30 2023	n/a	n/a	US$176m
Mar 31 2023	n/a	n/a	US$192m
Dec 31 2022	US$8m	US$938k	US$174m
Sep 25 2022	n/a	n/a	US$173m
Jun 26 2022	n/a	n/a	US$191m
Mar 27 2022	n/a	n/a	US$184m
Dec 26 2021	US$6m	US$900k	US$220m
Sep 26 2021	n/a	n/a	US$160m
Jun 27 2021	n/a	n/a	US$139m
Mar 28 2021	n/a	n/a	US$108m
Dec 27 2020	US$4m	US$833k	US$100m
Sep 27 2020	n/a	n/a	US$158m
Jun 28 2020	n/a	n/a	US$141m
Mar 29 2020	n/a	n/a	US$143m
Dec 29 2019	US$3m	US$788k	US$140m
Sep 29 2019	n/a	n/a	US$127m
Jun 30 2019	n/a	n/a	US$136m
Mar 31 2019	n/a	n/a	US$134m
Dec 30 2018	US$3m	US$766k	US$126m
Sep 30 2018	n/a	n/a	US$14m
Jul 01 2018	n/a	n/a	US$21m
Apr 01 2018	n/a	n/a	US$13m
Dec 31 2017	US$3m	US$705k	US$5m

Compensation vs Market: Meredith's total compensation ($USD10.28M) is above average for companies of similar size in the German market ($USD3.29M).

Compensation vs Earnings: Meredith's compensation has increased by more than 20% in the past year.

CEO

Meredith Kopit Levien (52 yo)

3.7yrs

Tenure

US$10,280,085

Compensation

Ms. Meredith A. Kopit Levien serves as Independent Director of Maplebear Inc. since October 2021. She serves as President, Chief Executive Officer and Director at New York Times Company since September 8,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Arthur Sulzberger	Chairman of the Board & Publisher	6.3yrs	US$5.78m	0.096% $ 6.6m
Meredith Kopit Levien	CEO, President & Director	3.7yrs	US$10.28m	0.051% $ 3.5m
William Bardeen	Executive VP & Chief Financial Officer	less than a year	US$2.12m	0.0022% $ 149.3k
Diane Brayton	Executive VP & General Counsel	7.3yrs	US$2.79m	0.017% $ 1.2m
Jacqueline Welch	Executive VP & Chief Human Resources Officer	3.3yrs	US$2.02m	0.0033% $ 228.4k
R. Benten	Senior VP	7.4yrs	US$1.41m	0.025% $ 1.8m
Jason Sobel	Chief Technology Officer	2.8yrs	no data	no data
Anthony DiClemente	Senior Vice President of Investor Relations	less than a year	no data	no data
David Rubin	Chief Brand & Communications Officer	2.1yrs	no data	no data
Anthony Tommasini	Chief Classical Music Critic	no data	no data	no data
Benjamin Brantley	Chief Theater Critic	27.7yrs	no data	no data
Andy Wright	Senior VP of Advertising & Publisher of The New York Times Magazine	9.8yrs	no data	no data

3.3yrs

Average Tenure

52yo

Average Age

Experienced Management: NYT's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Arthur Sulzberger	Chairman of the Board & Publisher	6.3yrs	US$5.78m	0.096% $ 6.6m
Meredith Kopit Levien	CEO, President & Director	3.7yrs	US$10.28m	0.051% $ 3.5m
David Perpich	Publisher of The Athletic & Director	5yrs	no data	0.13% $ 9.2m
Arthur Sulzberger	Chairman Emeritus	3.4yrs	US$173.00k	no data
John Rogers	Independent Director	6.1yrs	US$236.00k	0.015% $ 1.0m
Beth Brooke	Independent Director	3.1yrs	US$265.00k	0.0027% $ 188.5k
Arthur Golden	Non-Employee Director	3.3yrs	US$220.00k	0.043% $ 3.0m
Rachel Glaser	Independent Director	6.3yrs	US$250.00k	0.0027% $ 188.5k
Brian McAndrews	Independent Presiding Director	11.9yrs	US$253.50k	0.0047% $ 320.6k
Rebecca Van Dyck	Independent Director	9yrs	US$261.00k	0.0027% $ 188.5k
Amanpal Bhutani	Independent Director	5.7yrs	US$265.00k	0.0097% $ 666.0k
Manuel Bronstein	Independent Director	2.6yrs	US$241.00k	0% $ 0

5.3yrs

Average Tenure

57yo

Average Age

Experienced Board: NYT's board of directors are considered experienced (5.3 years average tenure).

New York Times Management

Management criteria checks 2/4

Key information

Recent management updates

The New York Times Company Approves Appointment of Margot Golden Tishler as Director

The New York Times Company, Annual General Meeting, Apr 24, 2024

CEO, President & Director recently sold €554k worth of stock

The New York Times Company Announces Stepping Down of Hays N. Golden as Director

The New York Times Company Appoints Anuradha B. Subramanian to its Board of Directors and to the Board’s Audit Committee and Finance Committee

the New York Times Company Names Anthony DiClemente as Senior Vice President, Investor Relations, Effective September 18, 2023

Recent updates

The New York Times Company Approves Appointment of Margot Golden Tishler as Director

The New York Times Company to Report Q1, 2024 Results on May 08, 2024

Upcoming dividend of US$0.13 per share

The New York Times Company, Annual General Meeting, Apr 24, 2024

CEO, President & Director recently sold €554k worth of stock

Full year 2023 earnings released: EPS: US$1.41 (vs US$1.04 in FY 2022)

The New York Times Company Announces Stepping Down of Hays N. Golden as Director

Fourth quarter dividend of US$0.13 announced

Full year 2023 earnings released: EPS: US$1.41 (vs US$1.04 in FY 2022)

The New York Times Company to Report Q4, 2023 Results on Feb 07, 2024

Upcoming dividend of US$0.11 per share at 1.0% yield

The New York Times Company Declares Regular Quarterly Dividend, Payable on January 18, 2024

The New York Times Company Appoints Anuradha B. Subramanian to its Board of Directors and to the Board’s Audit Committee and Finance Committee

The New York Times Company Reports Impairment Charges for the Third Quarter Ended September 30, 2023

The New York Times Company Provides Revenue Guidance for the Fourth Quarter of 2023

Third quarter 2023 earnings released: EPS: US$0.33 (vs US$0.22 in 3Q 2022)

The New York Times Company to Report Q3, 2023 Results on Nov 08, 2023

The New York Times Company Declares Regular Quarterly Dividend, Payable on October 26, 2023

the New York Times Company Names Anthony DiClemente as Senior Vice President, Investor Relations, Effective September 18, 2023

CEO, President & Director recently sold €909k worth of stock

The New York Times Company Provides Revenue Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: EPS: US$0.28 (vs US$0.37 in 2Q 2022)

The New York Times Company Declares Regular Quarterly Dividend, Payable on July 27, 2023

Now 20% undervalued

The New York Times Company Announces Chief Financial Officer Changes

The New York Times Group Provides Earnings Guidance for the Second Quarter of 2023

First quarter 2023 earnings released: EPS: US$0.14 (vs US$0.028 in 1Q 2022)

Upcoming dividend of US$0.11 per share at 1.2% yield

Executive VP & CFO recently sold €462k worth of stock

Full year 2022 earnings released: EPS: US$1.04 (vs US$1.31 in FY 2021)

The New York Times Company (NYSE:NYT) announces an Equity Buyback for $250 million worth of its shares.

The New York Times Company to Report Q4, 2022 Results on Feb 08, 2023

Upcoming dividend of US$0.09 per share

The New York Times Company Declares Regular Quarterly Dividend, Payable on January 19, 2023

The New York Times Company Announces Retirement of Roland A. Caputo as Chief Financial Officer

Head of Standalone Products & Director recently sold €223k worth of stock

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$0.22 (vs US$0.33 in 3Q 2021)

The New York Times Company to Report Q3, 2022 Results on Nov 02, 2022

The New York Times Company Declares Regular Quarterly Dividend, Payable on October 21, 2022

ValueAct Capital Engages in Discussions with The New York Times

The New York Times Group Provides Earnings Guidance for the Third Quarter of 2022

Second quarter 2022 earnings released: EPS: US$0.37 (vs US$0.32 in 2Q 2021)

The New York Times Company to Report Q2, 2022 Results on Aug 03, 2022

The New York Times Company Declares Regular Quarterly Dividend, Payable on July 21, 2022

First quarter 2022 earnings released: EPS: US$0.028 (vs US$0.24 in 1Q 2021)

The New York Times Company to Report Q1, 2022 Results on May 04, 2022

Upcoming dividend of US$0.09 per share

President recently sold €378k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

The New York Times Company (NYSE:NYT) announces an Equity Buyback for $150 million worth of its shares.

The New York Times Company Declares Regular Quarterly Dividend, Payable on April 21, 2022

The New York Times Company (NYSE:NYT) acquired Wordle.

The New York Times Company (NYSE:NYT) entered into an agreement to acquire The Athletic Media Company for $550 million.

Upcoming dividend of US$0.07 per share

Third quarter 2021 earnings released: EPS US$0.33 (vs US$0.20 in 3Q 2020)

Senior VP recently sold €295k worth of stock

Executive VP recently sold €285k worth of stock

Second quarter 2021 earnings released: EPS US$0.32 (vs US$0.14 in 2Q 2020)

New York Times Reportedly in Talks to Buy Sports Site The Athletic

First quarter 2021 earnings released: EPS US$0.24 (vs US$0.20 in 1Q 2020)

The Athletic Reportedly Halts Merger Talks with Axios, Eyes New York Times

The New York Times Company Provides Earnings Guidance for the Second Quarter of 2021

Independent Director has left the company

Upcoming dividend of US$0.07 per share

The New York Times Company Announces Retirement of Robert E. Denham as Director

Revenue beats expectations

Head of Standalone Products & Director recently sold €54k worth of stock

Full year 2020 earnings released: EPS US$0.60 (vs US$0.84 in FY 2019)