The 2008 financial crisis hit The New YorkTimeshard. TheNew York Timeseventually recovered a recovery made possible by Carloss investment. Sulzberger Family Trustee Company Limited 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. Hostile place (1) Entertainer Kazan (1) Saintly aura (1) Dictionary label (1) Charity event (5) The setting was the Metropolitan Museum of Art in New York, the nation's pre-eminent bastion of high art. Sulzberger Jr. bought an Upper West Side penthouse for $4 million in 2011. 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.". Subscribe to our emails. Sulzberger Name Meaning & Sulzberger Family History at Ancestry.com.au What is the nature of the Times's power? 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. (His nickname, Pinch, is a diminutive of the nickname of his father and predecessor, Arthur Ochs Punch Sulzberger Sr.). Please try again or choose an option below. But the family controls 70% of the board through a dual-class share structure. 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,". Granted, the Times presents challenges to any author. The NYT scion, 69, reportedly worth around $16 million, filed for . It's also a situation where you can prepare yourself for the calling, but it's considered unseemly to campaign for it. (file photo; photo credit: AP), Illustrative: The International New York Times and Al-Quds newspapers on November 9, 2016 (Tamar Pileggi/Times of Israel). Palin Can Suck A Dick And Leave Us All Alone.. 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. [3] He is a grandson of Arthur Hays Sulzberger and great-grandson of Adolph Ochs. Married to Andrew HEISKELL. The Sulzberger and Newhouse Families | Observer The Open Database Of The Corporate World. To learn more about the Sulzbergers, I highly recommend Mark Bowdens lengthy Vanity Fair profile, or, if you have even more time to spare, you can dive into all 870 pages of The Trust: The Private and Powerful Family Behind The New York Times, by Susan E. Tifft and Alex S. Jones. The younger Sulzberger is the sixth member of the Ochs Sulzberger clan to serve as publisher of the prominent New York newspaper. His paternal grandfather, Arthur Ochs Sulzberger, was Jewish, and the rest of his family is of Christian background (Episcopalian and Congregationalist). Inside Sheins controversial culture, Does Noom really work? The New York Times Company's 2022 proxy statement reports: "Certain Members of the Ochs-Sulzberger Family Employed by the Company during our 2021 Fiscal Year. What have I observed and learned in the quarter century since? Click the link in that email to complete registration so you can comment. It's easy to be misled by the Times's recent greatness into thinking that it was always so. The Sulzberger family: A complicated Jewish legacy at the New York [17], Sulzberger married Gail Gregg in 1975, and the couple divorced in 2008. Nevertheless, she was reluctant to join the paper after it offered her the top position in advertising. National Book Award Literarian Award for Outstanding Service to the American Literary Community, Barbara Winslow Grant, Mother of Times Chairman, Dies at 90, "Karen A. Sulzberger Is Wed To Eric Martin Arthur Lax". [8], Sulzberger remained chairman of Times board until December 31, 2020, when he passed that position to his son as well.[9]. 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. [9] He became a national correspondent,[10] heading the Kansas City bureau and covering the Midwest region. New York Times. In a smooth, well-paced narrative, they give a detailed account, including the family's many marital affairs, divorces, and jealousies. A Conversation with A. G. Sulzberger, the New Leader of the New York 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. 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. [22][23] In October 2016, he was named deputy publisher, putting him in line to succeed his father as publisher. 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. [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. 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. He has been the principal architect of the news outlet's digital transformation and has led its efforts to become a subscriber-first business. By acquiring the Athletic and its 1.2 million subscribers, The New YorkTimessurpassed 10 million subscribers; its target is now 15 million subscribers. sulzberger family political views 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. It was not the biggest newspaper in New York and certainly not the best written. 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! Arthur Ochs Sulzberger | YourDictionary SULZBERGER REALTY PTY. LTD. Company Profile | HELENSVALE, QUEENSLAND The first known member of the family was Eleazar Sussman Sulzberger, c1600. 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. And with a dynamic new C.E.O. Robinson also. New York Times Under Fire for 'Inaccurate, Misleading' Report on During Punch's 34-year tenure, there were eight different presidents of the United States, from Kennedy to Clinton, as well as hundreds of members of the House and Senate who came and went. Family That Owns The New York Times Reportedly Had Slaves, Supported The New York Times now runs primarily via a subscription-based model, where digital subscriptions contributed over $426 . But dig even a little bit into the Sulzberger legacy and youll find even more cause for celebration. According to a 2008 report in New York magazine, that training begins at a very young age: [The] clan starts going to family meetings when theyre 10 years old and by 15 they understand their roles as caretakers of the New York Times. When Elisabeth Finch met Jennifer Beyer in 2019, the two women forged a fiercely loyal friendship, and eventually got married. Sulzberger was born in Washington, D.C., on August 5, 1980, to Gail Gregg and Arthur Ochs Sulzberger Jr. The party was a celebration of the day one century earlier when Punch's grandfather, Adolph Ochs, bought the floundering (and then-hyphenated) New-York Times and began the long, steady campaign to turn it into the best newspaper in the country. Carl Sulzberger Obituary (2023) - Livingston, NJ - The Star-Ledger At the Washington Post, family. The teller of the tale can be more or less critical, but the basic trajectory of the story is already set along the lines of a conventional success story--precisely the kind of story that journalists are trained to doubt and dislike. The maternal side of his family reportedly owned slaves and participated in the Civil War. The head of the Times does not have the power to shake things up very much. 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. 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. Law Office of Sulzberger & Sulzberger is ready to help you with all of your estate planning, estate and trust administration and wealth transfer matters. New York Times names A.G. Sulzberger as new publisher The New York Times repaid his loan in 2011 but allowed Carlos to purchase shares via warrants expiring in January 2015. Judith Peixotto SULZBERGER. 15 million digital subscribers is a wildly ambitious target, which the paper might achieve if Donald Trump becomes president again. Fifth Generation Of Sulzberger Family Takes Leading Role At 'New - NPR Critics said the newspaper failed to give adequate coverage to Nazi atrocities committed against Jews, a charge that The Times later owned up to. Ochs initiated the family's ownership of the Times after he bought the paper in 1893. [7], Sulzberger began writing for the New York Times as a metro reporter in February 2009,[8] which published his first article on March2. Family tree of Arthur Ochs SULZBERGER JR. - Geneastar 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. Indeed, A. G. Sulzberger owns a 1.3% of Class A stocks and 92% of Class B stocks. In other words, if Successions Pierce family works like the real-life Sulzbergers, then Logan Roy will need to get a family consensus before he can buy the company out from under them. A couple of years later, she became the chief operating officer, placing her in the prime position to succeed then-CEO Mark Thompson. I warned that this inflammatory language is contributing to a rise in threats against journalists and will lead to violence. Tell us a little bit about that, and what effect you think it has on how this great paper can comport itself in the world. Sulzberger, trained since childhood for this job, swiftly deflected: Theres a lot behind that question. To revist this article, visit My Profile, then View saved stories. Sulzberger joined The New York Times in 1978 as a correspondent in the Washington, D.C. bureau. Sulzberger was a reporter with the Raleigh Times in North Carolina from 1974 to 1976, and a London Correspondent for the Associated Press in the United Kingdom from 1976 to 1978. Sulzberger also improved the paper's bottom line, pulling it and its parent company out of a tailspin in the mid-1970s and lifting both to unprecedented profitability a decade later. But in season two, episode three, Hunting, a new kind of player enters the game. [1], He attended Ethical Culture Fieldston School and Brown University, graduating in 2003 with a major in political science. [24][25][26] His cousins Sam Dolnick, now assistant managing editor of the Times,[27] and David Perpich, now head of standalone products and a member of the New York Times Company board,[28] were also considered for the role. The Ochs-Sulzberger family's reported connection to slavery and the Confederacy is linked to Adolph Ochs and his mother Bertha Levy Ochs, according to the New York Post. 12 'Nepo Babies' of Big Business Helped by Family Connections The New York Times has appointed Arthur Gregg Sulzberger deputy publisher, putting the 36-year-old in line to succeed his father, Arthur Sulzberger Jr, as publisher and chairman of the newspaper. Married to Matthew ROSENSCHEIN, Jr. Little, Brown; 870 pages. Unmasking the unethical business practices of the fashion brand, Is Telekinesis real? Born: 27 Dec 1923, New York, NY. All rights reserved. . More seriously, the attention to the family makes this an uneven book as an institutional history of the Times. Sulzbergers niece, is a fashion writer, stylist, and personal The paper sold for a penny. Journalistically, the position is almost papal, in the sense that the best its holder can hope to do is to keep the institution going. The paper became more bi-partisan in the 1880s: it stopped supporting Republican Party candidates and became more analytical. In 1992, Sulzberger relinquished the publisher's job to his 40-year-old son, Arthur Ochs Sulzberger Jr., but remained chairman of The New York Times Co. The New York Times's Arthur Sulzberger Jr. and the Demise of Janet Genealogy for Arthur Ochs Sulzberger (1926 - 2012) family tree on Geni, with over 230 million profiles of ancestors and living relatives. 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. [6] In 1974, he received a Bachelor of Arts degree in political science from Tufts University. Meet the Sulzberger Crime Family - The Real History Channel However, his reign as owner almost sankThe New York Times. Sign in to stop seeing this, Sara Netanyahu accosted by protesters at Tel Aviv hair salon, extricated by police, Brides joy turns to sorrow after Elan Ganeles killed driving to her wedding, Hiker discovers 2,500-year-old ancient receipt from reign of Purim kings father, Netanyahu compares Tel Aviv protesters to settlers who set fire to Huwara. Sulzberger and his first cousin, Vice Chairman Michael Golden, ousted Robinson from her job last month, according to the report, citing a person familiar with the situation. Charles Ransom Miller raised enough money to purchase the paper. 1 Sponsored by Forbes Advisor Best pet insurance of 2023. Schell continued: My question is, really, I mean, the New York Times is governed and held in a very unique way in corporate America. DAVID GREENE, HOST: One family has owned and operated The New York Times since 1896. It should be noted that members of the Bancroft clan said in 2011 that they regretted selling their familys paper off, though theres an argument to be made that Murdoch was actually the best thing that could have happened to that paper. Before A.G. became chairperson, he faced competition for the role of deputy publisher from his cousins Sam Dolnick and David Perch. On the evening of June 26, 1996, there was a rare public display of the American Establishment. 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. Married: 1958. Get the latest business insights from Dun & Bradstreet. He also owns a Hudson Valley mansion in New Paltz. Arthur Gregg Sulzberger (born August 5, 1980) is an American journalist serving as chairman of The New York Times Company and publisher of its flagship newspaper, The New York Times . As publisher, he oversees the news outlet's journalism and business operations. (Takes a family dynasty to know one?) 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.". Sulzberger was born in Mount Kisco, New York, to Barbara Winslow and Arthur Ochs "Punch" Sulzberger Sr. Karen Alden Sulzberger . the proverbial fire in the belly. 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. It was a long, slow climb to success. Arthur Ochs Sulzberger Jr. Bio, Age, Family, Wife, School, Salary, Net He and his wife, Gail Gregg, were married by a Presbyterian minister. Who Owns The New York Times? - FourWeekMBA He was raised in his mother's Episcopalian faith; however, he no longer observes any religion.[5]. [19], Sulzberger was named associate editor for newsroom strategy in August 2015. - Age . We learn about the paper's metropolitan coverage or its foreign reporting, for example, only when a family member takes a turn at it. The voyage had taken 80 days and there were many other German families to keep them company on the voyage 168 Germans all told - including the Erb, Kelb and Dornauf . [6] The club began admitting women a few months later. Arthur Ochs Sulzberger Jr. was raised in his mothers Episcopalian faith and later stopped practicing religion. Carlos bought a 6.4% stake in The New York Times Company; however, it wasnt enough. After Ochss death, his son-in-law, Arthur Hays Sulzberger, took over the reins at The Times. Theres Sulzberger Jr.s daughter, Annie Sulzberger, now head of research for Netflixs The Crown. I know A. G. will not rest in his drive to empower our journalists and expand the scope of The Timess ambitions,Arthur said. With his arrival in the narrative, the authors of The Trust develop two of their major themes--the recurring crisis over finding a male family member to run the company and the sporadic significance of the family's Jewishness. Arthur Ochs Sulzberger Jr. - Wikipedia [4], Sulzberger's parents divorced when he was five years old. (Shes also committed to maintaining the historical He is of German ancestry. If family ownership has been central to the Times's success in its first 100 years, does it follow that family control will provide a kind of strength and stability that conventional corporate ownership would not? "The Sulzberger family: A complicated Jewish legacy at The New York Times", "A.G. Sulzberger, 37, to Take Over as New York Times Publisher", "A.G. Sulzberger: Leading Change at The New York Times as Journalism Evolves", "Sulzberger didn't back down in Narragansett confrontation", "A.G. Sulzberger, New York Times' publisher and former Oregonian reporter, talks journalism in the digital age", "A.G. Sulzberger to assume publisher role at New York Times on Jan. 1", "Leadership of New York Times passes to next-generation Sulzberger", "New York Times Publisher Arthur O. Sulzberger, Jr. to Retire at Year's End; A.G. Sulzberger Named Publisher", "For Kodachrome Fans, Road Ends at Photo Lab in Kansas", "The leaked New York Times innovation report is one of the key documents of this media age", "The New Tork Times Claws Its Way Into the Future", "How A.G. Sulzberger Is Leading the New York Times Into the Future", "A.G. Sulzberger Vanquishes His Cousins, Becomes Deputy Publisher of the New York Times", "Exclusive: New York Times Internal Report Painted Dire Digital Picture", "Arthur Gregg Sulzberger Named Associate Editor", "New York Times Names A.G. Sulzberger Deputy Publisher", "This is The New York Times' digital path forward", "A.G. Sulzberger Vanquishes Cousins, Becomes Deputy Publisher of New York Times", "The Heirs: A Three-Way, Mostly Civilized Family Contest to Become the Next Publisher of The Times", "New York Times Names A.G. Sulzberger, 37, Its Next Publisher", "On Trust and Transparency: A.G. Sulzberger, Our New Publisher, Answers Readers' Questions", "New York Times chairman retires after 23 years leading the board", "NYT publisher disputes Trump's retelling of off-the-record conversation", "New York Times publisher A.G. Sulzberger chides President Donald Trump over 'fake news' claims", "New York Times publisher says he chided Trump not to call press the enemy", "NYT publisher A.G. Sulzberger says an independent press is an 'American ideal', "Knight Media Forum 2020 A.G. Sulzberger", https://en.wikipedia.org/w/index.php?title=A._G._Sulzberger&oldid=1138150552, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, The New York Times Syndicate & News Service, This page was last edited on 8 February 2023, at 08:16. The succession issue supplies the book with an air of suspense that lasts right up to the final chapter. Per a 1986 agreement, any Class B shares sold outside the family would be automatically converted to Class A shares. 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. 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. Meredith has probably overachieved during her short reign as CEO. Im sure we should exercise the option, but we look at it like a financial investment that has been very good., Then chief executive Mark Thompson said repurchasing of the shares was the best option for Carlos:We believe it is in the best interests of the company to continue to maintain a conservative balance sheet, and a prudent view on the allocation of free cash flow and this one-off repurchase program should not be viewed as a change of position about our capital allocation plans., Read Next: Who owns Reuters?
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