Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Sam Zell Steps Down as Tribune CEO

Randy Michaels steps up as court ruling beats back creditors

By Nick McMaster,  Newser Staff

Posted Dec 2, 2009 3:05 PM CST

(Newser) – Maverick takeover artist Sam Zell resigned as CEO of the Tribune Co. today, naming Randy Michaels as his successor. Zell is still chairman of the news giant he bought, disastrously, in 2007. Tribune, which has been bankrupt for almost a year, yesterday won an extension...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
1 comment
A snapshot of the day's best news stories.
 

More Newser Stories

Geffen, Zell Talk Deal For LA Times

Hostess Files for Bankruptcy

Trib CEO to Jump Before Being Pushed Out

How Frat Boy Hijinks Helped Screw the Tribune Co.

Tribune Sells Cubs for $800M


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment