[7] On December 14, 2017, he announced he would be ceding the post of publisher to his son, A. G. Sulzberger, effective January 1, 2018. The Panic of 1893 hit the paper hard, and by 1896, The New York Timeshad less than 10,000 readers and was losing $1,000 a day. [17], Sulzberger married Gail Gregg in 1975, and the couple divorced in 2008. The . Hays Golden, son of Arthur Although few outsiders could have picked Punch Sulzberger from among the hundreds of politicians, society figures, business executives, and journalists at the Met that night, almost all would recognize the name of his newspaper. The younger Sulzberger is the sixth member of the Ochs/Sulzberger clan to become . Died:2017. [8], Sulzberger remained chairman of Times board until December 31, 2020, when he passed that position to his son as well.[9]. He and his wife had a single child, a daughter. Theyre not MAGA. Meanwhile, Dan Cohens son Alex, a student at NYU, plays drums In January 1987, Sulzberger was named assistant publisher. Janet L. Robinson, chief executive of The New York Times Company, said: This agreement provides us with increased financial flexibility to continue to execute on our long-term strategy. [20][21], Sulzberger married Gabrielle Greene 2014, and the couple filed for divorce in 2020.[22][23][24]. He was the youngest of four children and was affectionately called "Punch" by family and friends, having . He committed to holding the Times "to the highest standards of independence, rigor, and fairness".[31]. A detailed investigation into the weight loss app, Is SHEIN bad? This is a remarkable family business book. The maternal side of his family reportedly owned slaves and participated in the Civil War. New York Times. And if the Pierces are anything like the Sulzbergers, then theres plenty of material for the Succession writers to work with. [25] In 2018, he married Molly Messick.[5]. Thank you, David Horovitz, Founding Editor of The Times of Israel, 2023 The Times of Israel , All Rights Reserved, Arthur Ochs Sulzberger Jr. speaking at The New York Times New Work Summit in Half Moon Bay, California, February 29, 2016. TheNew York Timeseventually recovered a recovery made possible by Carloss investment. The authors also provide the most detailed explanation to date of the family's business arrangements. She could, however, supply a successor by marrying one, and she found Arthur Hays Sulzberger, a businessman whose Jewish ancestors had settled in New York in the eighteenth century. Genealogy for Arthur Ochs Sulzberger (1926 - 2012) family tree on Geni, with over 230 million profiles of ancestors and living relatives. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community. 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. What is the nature of the Times's power? So who are these other, potentially eccentric Sulzbergers? 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. A.G. Sulzberger is best known for heading a team that in 2014 put together a 96-page innovation report that meant to prod The Times into moving more rapidly in catching up with the new digital media landscape. (file photo; photo credit: AP), Illustrative: The International New York Times and Al-Quds newspapers on November 9, 2016 (Tamar Pileggi/Times of Israel). Today, the Ochs-Sulzberger family, through several trusts, notably the Ochs-Sulzberger Trust, controls about 91 percent of the stock that elects 70 percent of the company's board members. Everything you need to know about the high-end coffee company. In a smooth, well-paced narrative, they give a detailed account, including the family's many marital affairs, divorces, and jealousies. In his 2009 piece on Sulzberger Jr. titled The Inheritance, Vanity Fair contributor Mark Bowden described the then-leader of the New York Times and heirs like him thusly: Even in middle age he seems costumed, a pretender draped in oversize clothes, a boy who has raided his fathers closet. Sounds a lot like Kendall Roy, too, if you ask me. The familial exchange of power wasnt unexpected. Thompson achieved his target of hitting $800 million in digital revenue by 2020. 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. The paper became more bi-partisan in the 1880s: it stopped supporting Republican Party candidates and became more analytical. The authors routinely refer to Punch as "powerful" or "influential," yet they spend little time discussing the nature of that power. Golden (making it the unofficial Ochs-Sulzberger house band). Best known for heading the team that produced The Times's "innovation report" in 2014, A. G. Sulzberger will be the sixth member of the Ochs-Sulzberger family to serve as publisher since its . Under Joness leadership, the paper became increasingly Republican-leaning, especially after its damning expos of the citys Democratic Party leader William Tweed. The Sulzberger family ownsThe New York Timesthrough The New York Times Company. Sulzberger is a fifth-generation member of the Ochs-Sulzberger family and brings a deep appreciation of the values and societal contributions of The New York Times and the Company to his role as chairman and publisher of The New York Times. The authors must surely have known that. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. He approved the institution of a paywall in 2011, which people considered a risky move, but turned out to be the focal point of The New YorkTimesdigital business model. 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 . Check out our website to get your 3-Month Emergency Food Kit and learn about our full product line of survival and preparedness gear. The Sulzberger family is a different clan from the Bancrofts, who were divided by trust funds and populated with restless socialites and horse enthusiasts whose hobbies required access to substantial funds. The Sulzberger family derived its name from the town of Sulzberg, near Ratisbon, in Bavaria. And this week, the fifth generation takes on a leadership role. The current chairperson, A.G. Sulzberger, took over from his father, Arthur Ochs Sulzberger Jr., in early 2021. A.G. praised Arthurs impact extensively after he announced his retirement:Our success today is directly attributable to his singular focus on the long term, his embrace of innovation and his sustained investment in quality, original journalism.. On the opposite coast, The Los Angeles Times provides a cautionary tale: When the Chandler family dropped its active running of the paper, they turned to the cereal maker Mark Willes from General Mills, whose only prior involvement with the newspaper business was as a reader. I trust that such a puffball could not get past the Times's own editors, and I hope it stays that way--for whatever reason. It is a family company, and the family, I assume, decides who the successor is in a way that isnt either particularly corporate or democratic. A family friend told New York magazine that the Sulzbergers dedication to journalistic integrity is a noble, familial thing that courses through their veins, and anyone who strays from that gets slapped down pretty quickly.. David Perpich, the current publisher's. For a brief moment, it looked like the Sulzberger name would depart the papers helm. He will assume the title chairman emeritus, the company said. Meredith had big shoes to fill, but she expressed confidence in her ability. Ms. Van Dyck was the chief operating officer for Reality Labs at Meta Platforms, Inc. (formerly Facebook, Inc.) from 2020 to 2022. The Sulzbergers are far from the only media family in America to pass their legacy down the generations. families like the Murdochs, the Trumps, and the Redstones, who helped run a DJ-training school called Scratch DJ Academy. The Sulzberger family has . teachers, and even a fashion stylist. Should he have? Diane Baker, a former chief financial officer of the New York Times Company, described him as having the personality of a 24-year-old geek, and (gasp!) Husband and wife, they somehow share a chair in journalism at Duke University, in Durham, North Carolina, while living in New York City. The New York Times Company announced on Wednesday that Arthur O. Sulzberger Jr. will retire as the chairman and as an active member of its board of directors on Dec. 31, completing a. Sulzberger became the publisher of The New York Times in 1992, and chairman of The New York Times Company in 1997, succeeding his father, Arthur Ochs Sulzberger. Unlock Case Solution. For me, fashion is life, and life is art, she writes on her Young Iphigene was certainly bright enough and even tried to disguise herself to get a job on the newspaper, but she was deemed ineligible to inherit the newspaper because of her gender. Despite running the paper of record for over a century, the Sulzbergers (or Ochs-Sulzbergers, as theyre sometimes called) arent quite a household name outside New York media and certain social circles. Does it make sense for the newspaper to entrust its fate to 13 unaccountable millionaires who acquired their money and influence through birth? 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. Earlier, they collaborated on a big history of another journalistic dynasty--the Binghams of Louisville. [18][19] The couple have two children: a son, Arthur Gregg Sulzberger, and a daughter, Annie Sulzberger. [4], After being encouraged by Brown journalism professor Tracy Breton to apply,[5] he interned at The Providence Journal from 2004 to 2006, working from the paper's office in Wakefield. 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. In January 2009, Slim loaned The New YorkTimes$250 million. He moved to New York as a metro reporter in 1981, and was appointed assistant metro editor later that year. As publisher, he oversees the news outlet's journalism and business operations. The Ochs-Sulzberger family is a great American family that has served our nation in war and peace since its founding. Sign up for our daily Hollywood newsletter and never miss a story. At today's prices, that's worth about $344 million. Sulzberger introduced Gonzalez to colleagues at the paper and to members of the Ochs-Sulzberger family, which controls the New York Times Company. Before A.G. became chairperson, he faced competition for the role of deputy publisher from his cousins Sam Dolnick and David Perch. After Ochss death, his son-in-law, Arthur Hays Sulzberger, took over the reins at The Times. Schell continued: My question is, really, I mean, the New York Times is governed and held in a very unique way in corporate America. See "Compensation of Executive Officers" for a description of his compensation. [16] On his first day as publisher, Sulzberger wrote an essay noting that he was taking over in a "period of exciting innovation and growth", but also a "period of profound challenge". But here is why the Sulzbergers and their ilk also make perfect fodder for Succession season twos rival clan. Sulzberger was born in Mount Kisco, New York, one of two children of Barbara Winslow (ne Grant) and Arthur Ochs "Punch" Sulzberger Sr.[2] His sister is Karen Alden Sulzberger, who is married to author Eric Lax. Early life and education [ edit] Sulzberger was born in Washington, D.C., on August 5, 1980, to Gail Gregg and Arthur Ochs Sulzberger Jr. blog. Thirty-nine-year-old Arthur A.G. Sulzberger is the current publisher of the New York Times, and hes the fourth Arthur Sulzberger in the family to hold that position. The head of the Times does not have the power to shake things up very much. Slims loan gave the company time to craft a revival strategy: it integrated digital and print newsrooms, sold the Boston Globe, implemented aggressive marketing campaigns, and created a working digital business model. His paternal grandfather, Arthur Ochs Sulzberger, was Jewish, and the rest of his family is of Christian background (Episcopalian and Congregationalist). This was about 45% of all the recorded Sulzberger's in the UK. the proverbial fire in the belly. New England Historic Genealogical Society - American Ancestors: #42 Royal Descents, Notable Kin, and Printed Sources: Yankee Ancestors, Mayflower Lines, and Royal Descents and Connections of Arthur Ochs Sulzberger Jr. "A Conversation on the Future of The New York Times: Arthur Sulzberger, Jr. and Dean Baquet in conversation with Jack Rosenthal", Roosevelt House Public Policy Institute at Hunter College, "A.G. Sulzberger, 37, to Take Over as New York Times Publisher", "New York Times chairman retires after 23 years leading the board", "Arthur Sulzberger, Jr. Receives the Light on the Hill Award from Tufts University, MA", "Publisher of The New York Times to Receive Honorary Degree from SUNY New Paltz, New York", "SUNY New Paltz Distinguished Speaker Series; An Evening with Arthur O. Sulzberger Jr", "Novel About Racial Injustice Wins National Book Award", "CUNY School of Journalism Journalistic Achievement Award at the 10th Annual Awards", "Robert Miller Named Chairman of NYC Outward Bound Board", "The Inheritance: Can Arthur Sulzberger, Jr., save the Timesand himself? In this way, the position is different from that of heads of other media operations, where the founding family has given way to outside directors and has sold its stock to the public. Or alternatively, change is made by outsiders like Ted Turner, who created CNN and, with it, the 24-hour news cycle. 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. Murdochs pursuit and acquisition of the Bancroft-owned Wall Street Journal in 2007 will almost certainly influence some of Succession this season. Curtis Yarvin and the rising right are crafting a different strain of conservative politics. Katie, lives in Marthas Vineyard and has sought to promote awareness If A.G retires at the same age as his father, he will remain chairman of The New York Times Company for the next three decades. In assessing the performance of the Sulzbergers' newspaper, the authors frequently pull their punches. Incorrect password. Married: 1958. I feel weve achieved everything we had hoped to achieve,Thompson said. My name became public 25 years ago this week. Divorced: 1956. Simon bought a company that was losing money and transformed it into an internationally acclaimed daily. Sulzberger was stunned when he'd heard that Don Graham, a longtime friend and head of the family that owned the Washington Post, sold the paper to Amazon founder Jeff Bezos, according to. 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. But at other times, the approach has its drawbacks. R. Anthony Benten, Sr. VP, Treasurer & Chief Accounting Officer Robert Denham, Independent Director Doreen Toben, Independent Director Brian McAndrews, Presiding Independent Director Rachel Glaser, Independent Director John Rogers, Independent Director It also can't really sell them. He has been the principal architect of the news outlet's digital transformation and has led its efforts to become a subscriber-first business. 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. A.G. Sulzberger is chairman of The New York Times Company and publisher of The New York Times. First of all, just to get it on the record, the family did go for talent. The audience erupted into laughter.
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