Tribune Publishing CEO Fired After Takeover

Terry Jimenez, the chief executive of Tribune Publishing, owner of the Chicago Tribune and New York Daily News, has been fired in the wake of the takeover by hedge fund Alden Global Capital. Heath Freeman, president of Alden, was named president of the newly formed Tribune Enterprises, with Alden controlling all seven board seats.

 

The Newspaper Savior They Didn’t Ask For

Heath Freeman is the hedge fund guy who says he wants to save local news. Somehow, no one’s buying it.