Martore Replaces Dubow as CEO of Gannett

October 07 00:00 2011

New York, October 7 (RainbowNewsLine.com) – Craig Dubow, Chairman and CEO of Gannett, has stepped down because of health issues and he is being replaced by Gracia Martore, president and chief operating officer. This was announced by Gannett, owner of Detroit Free Press on Thursday.

Dubow, 56, said he needed to focus on his health and family. He said that the 30 years that he spent with Gannett were “amazing.” He has been on medical leave since Sept. 15. In 2009, he had a back surgery when he had to take medical leave for four months.

Martore, who succeeds Dubow, joined Gannett in 1985. She said that she is “incredibly excited by the opportunity” and promised that the company will remain “laser focused on the people, readers and businesses we serve.” She said that she was aware of the turmoil that the media industry is going through for years. The ad sales have only partially been able to recoup through digital advertising but the newspaper readership has declined.

Martore, expressing her confidence in Gannett’s future said that “There will be winners, and Gannett is incredibly positioned to be a winner” because of its “iconic national brands” such as USA TODAY.
Marjorie Magner, who has been a director on Gannett’s board since 2006, will serve as nonexecutive chairman.

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