Gannett Management
Management criteria checks 1/4
Gannett's CEO is Mike Reed, appointed in Nov 2013, has a tenure of 11.42 years. total yearly compensation is $4.49M, comprised of 20.2% salary and 79.8% bonuses, including company stock and options. directly owns 2.17% of the company’s shares, worth $10.75M. The average tenure of the management team and the board of directors is 1.9 years and 5.4 years respectively.
Key information
Mike Reed
Chief executive officer
US$4.5m
Total compensation
CEO salary percentage | 20.2% |
CEO tenure | 11.4yrs |
CEO ownership | 2.2% |
Management average tenure | 1.9yrs |
Board average tenure | 5.4yrs |
Recent management updates
Recent updates
Gannett Co., Inc.: A Deep Value Turnaround With Hidden Optionality
Mar 30Benign Growth For Gannett Co., Inc. (NYSE:GCI) Underpins Stock's 26% Plummet
Mar 09Gannett (NYSE:GCI) Seems To Be Using A Lot Of Debt
Jan 23Gannett: Digitization Efforts Already Priced In
Jan 20Gannett Co., Inc. (NYSE:GCI) Stock Catapults 31% Though Its Price And Business Still Lag The Industry
Oct 10After Summer Surge, Gannett No Longer Seems To Be A Value Buy
Sep 23Is Gannett (NYSE:GCI) Using Too Much Debt?
Aug 27Gannett Digital Revenue On The Rise, But No Profits Yet
Jul 02Gannett Co., Inc.'s (NYSE:GCI) Shares Bounce 33% But Its Business Still Trails The Industry
Jun 11Gannett Co., Inc.'s (NYSE:GCI) Price Is Right But Growth Is Lacking
Mar 22Gannett: 4 Reasons Why I Am Cautious
Dec 12Gannett: Cash Flows Are Buried By Debt
Sep 27Gannett: Some Risks, But Artificial Intelligence Could Imply Undervaluation
Jul 07Gannett Q4 2022 Earnings Preview
Feb 22Gannet to use real estate sales proceed to cut debt
Feb 03Gannett's Digital Transformation Remains On Track
Nov 02Gannett launches austerity measures; suspends hiring, offers separations
Oct 12Gannett: New Cost Reduction Program And Undervalued
Sep 28Gannett Q2 2022 Earnings Preview
Aug 03CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2024 | US$4m | US$907k | -US$26m |
Sep 30 2024 | n/a | n/a | -US$114m |
Jun 30 2024 | n/a | n/a | -US$96m |
Mar 31 2024 | n/a | n/a | -US$123m |
Dec 31 2023 | US$4m | US$900k | -US$28m |
Sep 30 2023 | n/a | n/a | US$28m |
Jun 30 2023 | n/a | n/a | -US$24m |
Mar 31 2023 | n/a | n/a | -US$65m |
Dec 31 2022 | US$3m | US$860k | -US$78m |
Sep 30 2022 | n/a | n/a | -US$133m |
Jun 30 2022 | n/a | n/a | -US$64m |
Mar 31 2022 | n/a | n/a | US$4m |
Dec 31 2021 | US$8m | US$900k | -US$135m |
Compensation vs Market: Mike's total compensation ($USD4.49M) is above average for companies of similar size in the US market ($USD2.64M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Reed (58 yo)
11.4yrs
Tenure
US$4,492,082
Compensation
Mr. Michael E. Reed, also known as Mike, has been Chief Executive Officer and President at Gannett Co., Inc. (formerly New Media Investment Group Inc.) since November 26, 2013 and serves as its Chairman si...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman | 11.4yrs | US$4.49m | 2.17% $ 10.8m | |
CFO, Senior VP- Finance & Investor Relations | less than a year | no data | 0.080% $ 398.0k | |
Controller | 1.7yrs | no data | 0.079% $ 393.8k | |
Head of Investor Relations | no data | no data | no data | |
Chief Legal Officer | 5.3yrs | US$330.00k | no data | |
Chief Communications Officer | no data | no data | no data | |
Senior Vice President of Corporate Development | 5.3yrs | no data | no data | |
Chief People Officer | 5.3yrs | no data | no data | |
Chief Sales Officer of Gannett Media | less than a year | no data | no data | |
Chief Content Officer of Gannett Media | 2.1yrs | no data | no data | |
Senior Vice President of USA Today’s Newsroom | 1yr | no data | no data | |
Chief Consumer & Product Officer | 1.3yrs | no data | no data |
1.9yrs
Average Tenure
57yo
Average Age
Experienced Management: GCI's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman | 11.4yrs | US$4.49m | 2.17% $ 10.8m | |
Independent Director | 11.3yrs | US$245.00k | 0.16% $ 804.5k | |
Lead Independent Director | 11.4yrs | US$285.00k | 0.13% $ 648.9k | |
Independent Director | 5.4yrs | US$225.00k | 0.27% $ 1.4m | |
Independent Director | 5.4yrs | US$225.00k | 0.42% $ 2.1m | |
Independent Director | 11.3yrs | US$245.00k | 0.76% $ 3.8m | |
Independent Director | 5.4yrs | US$245.00k | 0.16% $ 775.8k | |
Independent Director | 2.8yrs | US$225.00k | 0.083% $ 413.1k | |
Independent Director | less than a year | US$175.00k | 0.022% $ 106.8k |
5.4yrs
Average Tenure
64yo
Average Age
Experienced Board: GCI's board of directors are considered experienced (5.4 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/04/24 10:55 |
End of Day Share Price | 2025/04/24 00:00 |
Earnings | 2024/12/31 |
Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Gannett Co., Inc. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Jason Bazinet | Citigroup Inc |
Matthew Condon | Citizens JMP Securities, LLC |
Andrew Boone | Citizens JMP Securities, LLC |