Media Blog

Sun-Times Media Group Chairman Is Out

Interesting news from the Sun-Times group:

Chairman of the Board, Raymond G. H. Seitz, today announced his intention to resign from the Board of Directors effective December 31, 2008, the Company said. …

The Company announced that, acting on the recommendation of the Special Committee, the Company’s Board of Directors voted and approved the dissolution of the Special Committee effective immediately. The Special Committee was formed on June 17, 2003 to investigate related-party transactions and other payments made to certain executives of the Company and its controlling stockholder at the time, Hollinger Inc., and to affiliates of Hollinger Inc.

… The Company also announced the resignation of William G. Barker III, Senior Vice President and Chief Financial Officer, who is departing the Company for another opportunity.

… In addition, the Company today announced that the Board of Directors has authorized the Company to terminate voluntarily the registration of the Company’s Class A Common Stock under the Securities Exchange Act of 1934 by making the appropriate filings with the SEC.

Chairman’s out, CFO is out, stock’s getting deregistered — one, two, three.

More Sun-Times news:

Here is how they decided on their unusual Obama-election front page.

Here is more on the boardroom drama.

Most Popular

Culture

Our Cultural Crisis: A Kirkian Response

Editors’ note: The following article is adapted from a speech the author delivered at the Heritage Foundation on March 14, 2018. Few would dispute that we are in the middle of a grave cultural crisis. A despairing conservative critic wrote: “We are on the road to cultural disaster.” He placed the ... Read More
Politics & Policy

An Enduring Error

Editor’s Note: The following piece originally appeared in City Journal. It is reprinted here with permission. Fifty-one years ago, in July 1967, in response to an explosion of rioting in poor black urban neighborhoods around the United States, President Lyndon B. Johnson created the National Advisory ... Read More
U.S.

Confirm Pompeo

What on earth are the Democrats doing? President Trump has nominated CIA director Mike Pompeo, eminently qualified by any reasonable standard, to be America’s 70th secretary of state. And yet the Senate Democrats, led by Chuck Schumer, have perverted the advice and consent clause of the Constitution into a ... Read More
Culture

The Mournful, Magnificent Sally Mann

‘Does the earth remember?" The infinitely gifted photographer Sally Mann asks this question in the catalogue of her great retrospective at the National Gallery in Washington. On view there is her series of Civil War battlefield landscapes, among the most ravishing works of art from the early 2000s. Once sites ... Read More
U.S.

James Comey’s Inadvertent Admission

The good folks at the Republican National Committee awaken and realize that perhaps former FBI agents make more compelling critics of James Comey than, say, Maxine Waters. Yesterday afternoon brought the first excerpts of James Comey’s new book, A Higher Loyalty, and we were expected to run around in ... Read More