Gannett Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Mike Reed
Chief executive officer
US$3.9m
Total compensation
CEO salary percentage | 23.3% |
CEO tenure | 11yrs |
CEO ownership | 2.3% |
Management average tenure | 4.6yrs |
Board average tenure | 5yrs |
Recent management updates
Recent updates
Gannett 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 03Please Unlock Gannett's Value
Jun 02Miller Value Partners - Gannett: An Opportunity To Unlock Significant Equity Value
May 04Gannett: A Turnaround Requiring Patience
Apr 27CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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$135m |
Compensation vs Market: Mike's total compensation ($USD3.86M) is about average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Reed (58 yo)
11yrs
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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman | 11yrs | US$3.86m | 2.31% $ 15.9m | |
CFO & Principal Financial Officer | 4.6yrs | US$2.50m | 0.62% $ 4.3m | |
Controller | 1.3yrs | no data | 0.090% $ 621.8k | |
Chief Technology Officer | 2.4yrs | no data | no data | |
Head of Investor Relations | no data | no data | no data | |
Chief Legal Officer | 4.8yrs | US$330.00k | no data | |
Chief Communications Officer | no data | no data | no data | |
Senior Vice President of Corporate Development | 4.8yrs | no data | no data | |
Chief Sales Officer | 1.3yrs | no data | no data | |
Chief People Officer | 4.8yrs | no data | no data | |
Senior Vice President - Finance & Investor Relations | no data | no data | no data | |
Chief Content Officer | 1.7yrs | no data | no data |
4.6yrs
Average Tenure
55yo
Average Age
Experienced Management: GCI's management team is considered experienced (4.6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman | 11yrs | US$3.86m | 2.31% $ 15.9m | |
Independent Director | 10.8yrs | US$247.50k | 0.17% $ 1.2m | |
Lead Independent Director | 11yrs | US$285.00k | 0.21% $ 1.4m | |
Director | 5yrs | US$225.00k | 0.28% $ 1.9m | |
Independent Director | 5yrs | US$225.00k | 0.43% $ 3.0m | |
Independent Director | 10.8yrs | US$245.00k | 0.78% $ 5.4m | |
Independent Director | 5yrs | US$245.00k | 0.16% $ 1.1m | |
Independent Director | 2.4yrs | US$225.00k | 0.086% $ 592.2k | |
Director | less than a year | no data | 0.022% $ 153.1k |
5.0yrs
Average Tenure
64yo
Average Age
Experienced Board: GCI's board of directors are considered experienced (5 years average tenure).