Changes At the Helm At&T And

Gannett name new chief executives

The Gannett Co., the nation's largest newspaper publisher, and AT&T, the leading provider of long-distance telephone service, last week named new chief executive officers. The change in command at Ma Bell had been anticipated, but the timing of the Gannett switch came as a surprise.

When Gannett shareholders trooped into the Capital Hilton ballroom in Washington last week for the company's annual meeting, they expected a lively session. Only one day before, Gannett had agreed to buy Louisville's Pulitzer Prize-winning Courier-Journal and Times for about $300 million, outbidding both the Washington Post Co. and Chicago's Tribune Co. Within the past year,...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!