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sulzberger family companies

Last Thursday, The New York Times announced that its publisher, Arthur Ochs Sulzberger Jr., 66, is stepping down at the end of the year. Sulzberger graduated from the Browning School in New York City. The familial exchange of power wasnt unexpected. All about the workings of this global humanitarian organization, Who owns Reuters? 97-page "innovation report" about how the Times needed to become a digital-first company. Wedding", "Ex-New York Times Publisher Arthur Sulzberger Jr. Theres also a one-day orientation session for kids turning 18 or 21or people marrying into the familyto learn about the legacy of the Ochs-Sulzbergers. Do we think Successions Tom had to attend Roy family orientation in order to marry Shiv? He and his family were closely knit into the Jewish philanthropic world as befitted their social and economic standing, wrote Neil Lewis, a former longtime reporter at The Times. Murdochs pursuit and acquisition of the Bancroft-owned Wall Street Journal in 2007 will almost certainly influence some of Succession this season. Ochs initiated the family's ownership of the Times after he bought the paper in 1893. But they are deeply devoted to this place, and the three of us are committed to continuing to work as a team.. He thought they needed no state or political and social institutions of their own. Also look at the related clues for crossword clues with similar answers to "Media company led by the Sulzberger family" Recent clues. Ferdinand Sulzberger in MyHeritage family trees (N Web Site) view all 25 Immediate Family Rose Sulzberger wife Max Judah Sulzberger son Lily Marx daughter Arthur T Sulzberger son Matilda Weinberg daughter Germon Frederick Sulzberger son Nathan Sulzberger son Belle Schrag daughter Simon Sulzberger son Stella Lee Ullman wife Ferdinand B Sulzberger Registering also lets you comment on articles and helps us improve your experience. Pitbull is a pal, Carbone is for dinner, and, Palace Insiders Say Prince William Is Already Furious About Prince Harrys Memoir Leaks, Prince Harry alleges Prince William attacked him over Meghan Markle in a new excerpt from, Prince Harry on Williams Hairline and Their Wicked Stepmother. The Ochs-Sulzberger family is a great American family that has served our nation in war and peace since its founding. Does it matter that the paper used to be conservative and is now liberal? But the family controls 70% of the board through a dual-class share structure. Married to Ben Hale GOLDEN. He went to great lengths to avoid having The Times branded a Jewish newspaper., As a result, wrote Frankel, Sulzbergers editorial page was cool to all measures that might have singled [Jews] out for rescue or even special attention., Though The Times wasnt the only paper to provide scant coverage of Nazi persecution of Jews, the fact that it did so had large implications, Alex Jones and Susan Tifft wrote in their 1999 book The Trust: The Private and Powerful Family Behind The New York Times.. Victoria Dryfoos, daughter of [1], He attended Ethical Culture Fieldston School and Brown University, graduating in 2003 with a major in political science. First of all, just to get it on the record, the family did go for talent. The audience erupted into laughter. Photographs is a collection of negatives, contact sheets, slides, and prints that document the Ochs-Sulzberger-Dryfoos families, The Times staff, and Times' buildings, offices, and events spanning 1875 to 1987. For comparison's stake, the entire Ochs-Sulzberger family, including the newspaper's publisher, Arthur Ochs Sulzberger Jr., and all the trusts he and his cousins control, own a stake amounting to a mere 11 percent, according to the proxy statement. As the 33-year-old son of New York Times publisher and company chairman Arthur Sulzberger Jr., whose family has steered the institution since 1896, Arthur Gregg Sulzberger is one in a handful of . By way of summation, they offer this weak, celebratory comment: "[O]ver the course of more than a century, the magic and mission of The New York Times had somehow managed to last, in large part because of the ownership and guidance of one quite ordinary and quite remarkable family.". Sometimes that focus sheds light on how decisions are really made at the top. Before A.G. became chairperson, he faced competition for the role of deputy publisher from his cousins Sam Dolnick and David Perch. Even the Bancroft familywhich sold the Wall Street Journal off to Rupert Murdoch in 2007was known to consist of some restless socialites and horse enthusiasts whose hobbies required access to substantial funds, as New York magazine put it in 2008. Sulzberger played a central role in the development of the Times Square Business Improvement District, officially launched in January 1992, serving as the first chairman of that civic organization. and the best executive editor in the business, I depart knowing the best is yet to come.. Mark Thompson ushered The New York Timesinto the digital age: during his tenure, the papers digital readership jumped from 640,000 to more than five million subscribers. Simon bought a company that was losing money and transformed it into an internationally acclaimed daily. It's an American ideal. The Times was also quite conservative--both in its editorials and in its look. [39][40], He has said that an independent press "is not a liberal ideal or a progressive ideal or a Democratic ideal. As a publisher, he oversees the news outlet's journalism and business operations. It always felt different from Virginias local dailies, she said. The paper became more bi-partisan in the 1880s: it stopped supporting Republican Party candidates and became more analytical. And Arthur Sulzberger Jr. owns 1.8% of Class A stocks and 92.2% of Class B stocks. Thats because unlike the Hiltons, Trumps, Kennedys, Murdochs, Hearsts, Redstones, Kochs, and other moneyed families whose antics often land them in the tabloids, the Sulzbergers have studiously and steadfastly avoided public scrutiny. flexes his editorial muscle on his Facebook page: Alex Thinks Sarah The owners drew criticism for the way the paper covered Jewish affairs, particularly the Holocaust. In retaliation, an angry Sulzberger pulled the family's personal holdings, approximately $200 million in New York Times stock, from an account at Morgan Stanley. Counsel & Corp. Sec. A.G. Sulzberger, the new deputy publisher . In assessing the performance of the Sulzbergers' newspaper, the authors frequently pull their punches. He also At the center is the legal trust that governs how the family manages its ownership. While criticism from the Jewish community under his tenure was less harsh than during his grandfathers time, many, particularly on the right, still saw the newspaper as being biased against Israel. At the vortex of the evening's power and prestige stood a tuxedoed man, chairman of the New York Times Company and the museum's board, a man who, for all his status, was unfamiliar to most Americans--Arthur Ochs Sulzberger, known since childhood as "Punch.". He committed to holding the Times "to the highest standards of independence, rigor, and fairness".[31]. [6] Despite threats from the club to withdraw their advertising if the story ran, the Journal published Sulzberger's story. . The . Sulzberger is a 1985 graduate of the Harvard Business School's program for management development. I asked people for advice, and just the sentiment was that it was a great journalism company, but maybe the best days of its business were behind it,she toldThe New York Times. Theyre not QAnon. In 1929, the explorer Admiral Richard Evelyn Byrd named one of the glacial peaks in Antarctica after them, Marujupu Peak, not far from Ochs Glacier and Mount Iphigene. He and his wife, Gail Gregg, were married by a Presbyterian minister. Adolph Ochs, the original member of the Ochs Sulzberger clan, married Effie Wise, the daughter of Rabbi Isaac Mayer Wise, a leading American Reform Jewish scholar who founded the movements rabbinical school, the Hebrew Union College-Jewish Institute of Religion. A.G. Sulzberger is part of a generation at the paper that includes his cousins Sam Dolnick, who oversees digital and mobile initiatives, and David Perpich, a senior executive who heads its Wirecutter product review site. From 1997 until 2020, Sulzberger was the chairman of The New York Times Company and the publisher of The New York Times from 1992 to 2018. [33] He became publisher on January 1, 2018,[34] succeeding his father Arthur Ochs Sulzberger Jr.,[25] although the elder Sulzberger remained chairman of The New York Times Company until the end of 2020. Still, A.G. was favorite to take the position partly due to his last name and role in drafting the 2014 Innovation Report, a document outlining The New York Times digital strategies. Everything you need to know about the high-end coffee company. He also owns a Hudson Valley mansion in New Paltz. See: Bloch-Sulzberger disease, syndrome, Sulzberger-Garbe disease, Sulzberger-Garbe syndrome. However, the paper remained afloat due to ever-rising subscribership. Let My Patriot Supply help you prepare for the worst. For a brief moment, it looked like the Sulzberger name would depart the papers helm. Meanwhile, Dan Cohens son Alex, a student at NYU, plays drums Sarah Perpich, Davids 28-year-old sister and Rebecca Van Dyck. They are toughest on the Times in those areas where the newspaper has already admitted its faults--such as the Holocaust coverage, the decision to play ball with JFK over the Bay of Pigs (and thus enable the ensuing disaster), or the Times's late arrival in lifestyle coverage, where it trailed The Washington Post (for which, I should divulge, I served as a regional correspondent for eight years). The Open Database Of The Corporate World. But as fun and fascinating as some of these extra-credit Sulzbergers may be, its very likely that it was Sulzberger Jr. himself who inspired Armstrong to dig into this other brand of New York dynastic power. In a 2005 New Yorker profile about him also titled The Inheritance, famed Times writer and author of the definitive history of the Times, The Kingdom and the Power, Gay Talese told author __ Ken Auletta__ cooly, You get a bad king every once in a while.. Divorced: 1956. Ms. Van Dyck was the chief operating officer for Reality Labs at Meta Platforms, Inc. (formerly Facebook, Inc.) from 2020 to 2022. Their secrecy is a result of intensive training on the weight and responsibility of what it means to be part of this particular family. Ochs himself turned the struggling New York Times into the gold. Contact a reliable trusts and estates attorney in the Miami-Dade area. Reuters commitment to independence threatened its merger with Thomson, Who owns BBC? As publisher, chairman, and CEO, Punch was selected by a self-perpetuating, private, secretive body. Revised several times, the Sulzberger trust now states that the power and money are held principally by the 13 cousins in Arthur, Jr.'s generation. But when it comes to the antics of their personal lives, the Sulzbergers play their cards impossibly close to the vest. During the annual shareholders' meeting in April 2006, some investors including Morgan Stanley Investment Management (MSIM), who holds 28% of the company's stock altogether . Armstrong told the Times that even the Sulzbergers were partially inspiration for the Roys. Died:2017. As family members, they hold the bulk of the company's Class B voting stock, which allows them to control its board of directors. Still, stories related to Jewish topics were carefully edited, said Goldman, who worked at the Times from 1973-1993. Those stories got a little more editorial attention, and Im not saying they were leaning one way or another, but the paper was conscious that it had this reputation and had this background and wanted to make sure that the stories were told fairly and wouldnt lead to charges of favoritism or of bending over backwards, he told JTA on Monday. Roman tries to reach out to Naomi to get the ball rolling on a deal, but Naomi alerts the rest of the family, who shut negotiations down before they start. Sulzberger Family Trustee Company Limited has been running for 9 years 7 months, and 28 days. The Ochs-Sulzberger Family Trust owns basically all Class B shares. In January 2009, Slim loaned The New YorkTimes$250 million. Sulzberger helped to found and was a two-term chairman of the New York City Outward Bound organization,[15] and currently serves on the board of the Mohonk Preserve. Reuters commitment to independence threatened its merger with Thomson, Is Night Court a real thing? Journalist and politician Henry Jarvis Raymond and George Jones foundedThe New York Timesas theNew-York Daily Timesin September 1851. [3] He is a grandson of Arthur Hays Sulzberger and great-grandson of Adolph Ochs. Nevertheless, given its owners family history, its disproportionately large Jewish readership and its frequent coverage of Jewish preoccupations, The Times is often regarded as a Jewish newspaper often disparagingly so by anti-Semites. It has been owned by the family since 1896; A. G. Sulzberger, the paper's publisher, and his father, Arthur Ochs Sulzberger, Jr., the company's chairman, are the fourth and fifth generation of the family to head the paper. ", "The New York Times Company Biography for A.G. Sulzberger", "Gabrielle Greene and Arthur Sulzberger Jr. To revist this article, visit My Profile, then View saved stories. [11][12] The 2017 film Kodachrome, directed by Mark Raso, is based on his 2010 article about a rural community that became the last place to develop Kodachrome film. But even more astute was his decision to follow the old wisdom: If they're going to write it anyway, you might as well talk to them. The family owns about a fifth of the paper and controls it via a special class of voting shares. [19], Sulzberger was named associate editor for newsroom strategy in August 2015. This month, at 69, Arthur Sulzberger Jr will retire as company chairman, after decades of speculation that he would be the last Sulzberger to run the business. We continue to explore other financing initiatives and are focused on reducing our total debt through the cash we generate from our businesses and other decisive steps.. There would be no special attention, no special sensitivity, no special pleading, Leff wrote. Golden, is an economist seeking a Ph.D. at the University of Chicago. The name of the family trust, Marujupu, is comprised of the names of the four children of the late matriarch Iphigene Ochs Sulzberger: Marian, Ruth, Judy, and Punch. This polarization of political views could have many effects on the politics of the nation - both in the upcoming (2016) presidential election and societal developments in the future. NEW YORK CITY The children of the late New York Times publisher Arthur Ochs Sulzberger are moving quickly to sell stock he held in the Gray Lady's parent company, his will reveals.. Sulzberger . Copyright 2023 | The American Prospect, Inc. | All Rights Reserved, The Alt-Labor Chronicles: Americas Worker Centers, The Trust: The Private and Powerful Family Behind The New York Times. See "Compensation of Executive Officers" for a description of his compensation. Early life and education [ edit] Sulzberger was born in Washington, D.C., on August 5, 1980, to Gail Gregg and Arthur Ochs Sulzberger Jr. Or alternatively, change is made by outsiders like Ted Turner, who created CNN and, with it, the 24-hour news cycle. [16], Sulzberger was opposed to the Vietnam War and was arrested at protest rallies in the 1970s. Digging into the history of many Arthur Sulzbergers running the New York Times, Schell began: You said the difference was that they [the North Korean Kim dynasty] were only two generations, and your family was four. Arthur jokingly cut in: I dont like where this is going one damn bit! Well theres David Perpich, nephew to Sulzberger Jr., who helped run a DJ-training school called Scratch DJ Academy. Assessing the truth behind the existence of the mind power, What happened to Kmart? Quinn-Hopping Funeral Home 145 E. Mt. In 1961, Arthur Hays Sulzberger stepped down as publisher, three years after having suffered a stroke, giving the position to his son-in-law Orvil Dryfoos. A.G. Sulzberger is an American journalist and the publisher of The New York Times. In 2015, Carlos exercised warrants that gave him a nearly 17% stake in the company. Sulzberger was the chairman of The New York Times Company from 1997 to 2020, and the publisher of The New York Times from 1992 to 2018. Incorrect password. Both the Sulzberger and Graham families, which own controlling interests in their companies, have safeguarded quality journalism with the dynastic succession. Files for Divorce", The New York Times & 9/11: Arthur Ochs Sulzberger Jr. Interview (2001), https://en.wikipedia.org/w/index.php?title=Arthur_Ochs_Sulzberger_Jr.&oldid=1129708197, Tufts University School of Arts and Sciences alumni, Short description is different from Wikidata, Wikipedia pending changes protected pages, Pages using infobox person with multiple parents, Creative Commons Attribution-ShareAlike License 3.0, The New York Times Syndicate & News Service, This page was last edited on 26 December 2022, at 19:14. Genealogy for Arthur Ochs Sulzberger (1926 - 2012) family tree on Geni, with over 230 million profiles of ancestors and living relatives. Meredith has probably overachieved during her short reign as CEO. The Sulzberger family has . Get the latest business insights from Dun & Bradstreet. Farlex Partner Medical Dictionary Farlex 2012 Want to thank TFD for its existence? With editor Carr Van Anda, Adolph rebuilt The New York Timesreputation, eventually turning it into an international paper. Sulzberger said in a statement that at the meeting, he "told the president directly that I thought that his [anti-press] language was not just divisive but increasingly dangerous. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. The head of the Times does not have the power to shake things up very much. Married to Orvil Eugene DRYFOOS. The meeting was off-the-record, but after President Trump tweeted about it eight days later, Sulzberger "pushed back hard" to dispute the President's characterization of the meeting. Per a 1986 agreement, any Class B shares sold outside the family would be automatically converted to Class A shares. On this Wikipedia the language links are at the top of the page across from the article title. Arthur Ochs Sulzberger raised his son, Arthur Ochs Sulzberger Jr., in his wifes Episcopalian faith. Schell continued: My question is, really, I mean, the New York Times is governed and held in a very unique way in corporate America. In these capacities, Sulzberger was involved in planning the Times's automated color printing and distribution facilities in Edison, New Jersey, and at College Point, Queens, New York, as well as the creation of the six-section color newspaper. But as Beyer would soon realize, Finchs past wasnt what she claimedand Beyers own difficult history was up for the taking. Married to Andrew HEISKELL. Restrictions apply. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. Journalistically, the position is almost papal, in the sense that the best its holder can hope to do is to keep the institution going. Dryfoos died two years later from heart failure, so his brother-in-law Arthur Punch Ochs Sulzberger took over. But in season two, episode three, Hunting, a new kind of player enters the game. He moved to New York as a metro reporter in 1981, and was appointed assistant metro editor later that year. 15 million digital subscribers is a wildly ambitious target, which the paper might achieve if Donald Trump becomes president again. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Arthur Ochs Sulzberger Jr. was raised in his mothers Episcopalian faith and later stopped practicing religion. If they werent members of the Ochs/Sulzberger family, our competitors would be bombarding them with job offers, he said. Not so with the publishers of The New York Times--for one thing, they tend to stay in power a long time. (photo credit: book cover), This March 2, 1973 file photo shows New York Times publisher Arthur Ochs Sulzberger in his office in New York. In January 1987, Sulzberger was named assistant publisher. For this book, they certainly did their homework. He was the son of Arthur Hays Sulzberger, chairman of the board of the New York Times Company, and of Iphigene Bertha, ne Ochs, through whom he was a descendant of Adolph Ochs, the founder of the New York Times. In 1896, Adolph Simon Ochs, the publisher of theChattanooga Times,purchased a controlling stake in the company. After Ochss death, his son-in-law, Arthur Hays Sulzberger, took over the reins at The Times. David Perpich, the current publisher's. It's also a situation where you can prepare yourself for the calling, but it's considered unseemly to campaign for it. Married to HOLMBERG. He has been the principal architect of the news outlet's digital transformation and has led its efforts to become a subscriber-first business. Jyoti Mann Big business "nepo babies" include, clockwise from top left, Delphine Arnault, David Lauren, Lachlan Murdoch, Shari Redstone, Eric Trump, and Donald Trump Jr. GETTY IMAGES A "nepo baby,". VP, Gen. Sulzberger was educated at private schools and, after service in the U.S. Marine Corps (1944-46 . More seriously, the attention to the family makes this an uneven book as an institutional history of the Times. In lieu of flowers, contributions, in Carl L. Sulzberger's memory, may be made to The Parkinson's Foundation, (200 SE 1st Street, Suite 800, Miami, Florida 33131) or to a charity of your choice. This is true of many big businesses, but what is interesting about the Times is that it has a "public trust" role that normal, profit-maximizing companies don't have.

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sulzberger family companies