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.
One day after the Chicago Tribune axed a dozen journalists, parent company Tronc disclosed raises and bonuses for CEO Justin Dearborn and CFO Terry Jimenez.
