Gannett Co., Inc.

NYSE:GCI Stock Report

Market Cap: US$707.3m

Gannett Management

Management criteria checks 3/4

Gannett's CEO is Mike Reed, appointed in Nov 2013, has a tenure of 11.08 years. total yearly compensation is $3.86M, comprised of 23.3% salary and 76.7% bonuses, including company stock and options. directly owns 2.31% of the company’s shares, worth $16.32M. The average tenure of the management team and the board of directors is 4.7 years and 5.1 years respectively.

Key information

Mike Reed

Chief executive officer

US$3.9m

Total compensation

CEO salary percentage23.3%
CEO tenure11.1yrs
CEO ownership2.3%
Management average tenure4.7yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

Gannett Co., Inc. (NYSE:GCI) Stock Catapults 31% Though Its Price And Business Still Lag The Industry

Oct 10
Gannett Co., Inc. (NYSE:GCI) Stock Catapults 31% Though Its Price And Business Still Lag The Industry

After Summer Surge, Gannett No Longer Seems To Be A Value Buy

Sep 23

Is Gannett (NYSE:GCI) Using Too Much Debt?

Aug 27
Is Gannett (NYSE:GCI) Using Too Much Debt?

Gannett Digital Revenue On The Rise, But No Profits Yet

Jul 02

Gannett Co., Inc.'s (NYSE:GCI) Shares Bounce 33% But Its Business Still Trails The Industry

Jun 11
Gannett Co., Inc.'s (NYSE:GCI) Shares Bounce 33% But Its Business Still Trails The Industry

Gannett Co., Inc.'s (NYSE:GCI) Price Is Right But Growth Is Lacking

Mar 22
Gannett Co., Inc.'s (NYSE:GCI) Price Is Right But Growth Is Lacking

Gannett: 4 Reasons Why I Am Cautious

Dec 12

Gannett: Cash Flows Are Buried By Debt

Sep 27

Gannett: Some Risks, But Artificial Intelligence Could Imply Undervaluation

Jul 07

Gannett Q4 2022 Earnings Preview

Feb 22

Gannet to use real estate sales proceed to cut debt

Feb 03

Gannett's Digital Transformation Remains On Track

Nov 02

Gannett launches austerity measures; suspends hiring, offers separations

Oct 12

Gannett: New Cost Reduction Program And Undervalued

Sep 28

Gannett Q2 2022 Earnings Preview

Aug 03

Please Unlock Gannett's Value

Jun 02

Miller Value Partners - Gannett: An Opportunity To Unlock Significant Equity Value

May 04

Gannett: A Turnaround Requiring Patience

Apr 27

CEO Compensation Analysis

How has Mike Reed's remuneration changed compared to Gannett's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$114m

Jun 30 2024n/an/a

-US$96m

Mar 31 2024n/an/a

-US$123m

Dec 31 2023US$4mUS$900k

-US$28m

Sep 30 2023n/an/a

US$28m

Jun 30 2023n/an/a

-US$24m

Mar 31 2023n/an/a

-US$65m

Dec 31 2022US$3mUS$860k

-US$78m

Sep 30 2022n/an/a

-US$133m

Jun 30 2022n/an/a

-US$64m

Mar 31 2022n/an/a

US$4m

Dec 31 2021US$8mUS$900k

-US$135m

Compensation vs Market: Mike's total compensation ($USD3.86M) is about average for companies of similar size in the US market ($USD3.30M).

Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.

CEO

Mike Reed (58 yo)

11.1yrs

Tenure

US$3,862,232

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

NamePositionTenureCompensationOwnership
Michael Reed
Chairman11.1yrsUS$3.86m2.31%
$ 16.3m
Douglas Horne
CFO & Principal Financial Officer4.7yrsUS$2.50m0.62%
$ 4.4m
Cindy Gallagher
Controller1.3yrsno data0.090%
$ 638.1k
Vincent Cirel
Chief Technology Officer2.5yrsno datano data
Matthew Esposito
Head of Investor Relationsno datano datano data
Polly Sack
Chief Legal Officer4.9yrsUS$330.00kno data
Lark-Marie Anton
Chief Communications Officerno datano datano data
Jay Fogarty
Senior Vice President of Corporate Development4.9yrsno datano data
Jason Taylor
Chief Sales Officer1.4yrsno datano data
Samantha Howland
Chief People Officer4.9yrsno datano data
Trisha Gosser
Senior Vice President - Finance & Investor Relationsno datano datano data
Kristin Roberts
Chief Content Officer1.8yrsno datano data

4.7yrs

Average Tenure

55yo

Average Age

Experienced Management: GCI's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Reed
Chairman11.1yrsUS$3.86m2.31%
$ 16.3m
Theodore Janulis
Independent Director10.9yrsUS$247.50k0.17%
$ 1.2m
Kevin Sheehan
Lead Independent Director11.1yrsUS$285.00k0.13%
$ 954.5k
Barbara Wall
Director5.1yrsUS$225.00k0.28%
$ 2.0m
John Louis
Independent Director5.1yrsUS$225.00k0.43%
$ 3.0m
Laurence Tarica
Independent Director10.9yrsUS$245.00k0.78%
$ 5.5m
Debra Sandler
Independent Director5.1yrsUS$245.00k0.16%
$ 1.1m
Amy Reinhard
Independent Director2.5yrsUS$225.00k0.086%
$ 607.8k
Maha Al-Emam
Directorless than a yearno data0.022%
$ 157.1k

5.1yrs

Average Tenure

64yo

Average Age

Experienced Board: GCI's board of directors are considered experienced (5.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:00
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

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.

AnalystInstitution
Jason BazinetCitigroup Inc
Giuliano Anderes BolognaCompass Point Research & Trading, LLC
Douglas ArthurHuber Research Partners, LLC