HOME
WEEKEND
BIG MEDIA
MAGAZINES
VIDEOS
TECH & MEDIA
B2B
FEATURE
NEWSPAPERS
ADVERTISING
CABLE
RSS
SEND TIPS

    Advertisement

    ADD the Media Wire Daily widget to your desktop or website!

Connect


 
Web Media Wire Daily
Untitled Document

Note to American Media Inc Board: FIRE DAVID PECKER AND HIS LOYALISTS

Published: Saturday, March 24, 2007

It may be easier said than done, but a change at the top of tabloid giant American Media Inc is well overdue and we think a lot of people feel the same way. Do we really need to get into specifics here? AMI CEO David Pecker has been doing what we think is a poor job of running the company. They have repeatedly missed financial deadlines and sales are dropping at newsstands. Now on top of that sloppy pile of you know what, the SEC is looking into the company's operations. We think if AMI were to be washed clean of all it's stains and bad smells, the company could bounce back bigger and better. Here are a few things the AMI board needs to do and/or consider:


  1. Replace Current CEO Dave Pecker with someone from the outside
  2. Boot CFO Jack Craven and President/COO John J. Miller
  3. Boot Bonnie Fuller and her loyalists
  4. Look into changing the company name
  5. Seek a fresh cash injection from investors, to spend on rolling out a firm digital push and cleaning up some debt
  6. Sell or fold under performing titles.


AMI IN SEC PROBE [NYP]

EARLIER: What will it take for the AMI board to fire David Pecker?

Labels: AMI, BONNIE_FULLER, DavePecker, Magazine, SEC, WeekendWire

Comments on "Note to American Media Inc Board: FIRE DAVID PECKER AND HIS LOYALISTS"

 

Anonymous Anonymous said ... (3:12 PM) : 

You comments about David Pecker are appropriate since he was a financial executive and CFO at another company for years. He knows the accounts well and what is going on.

 

Anonymous Anonymous said ... (10:13 AM) : 

The problem according to a WWD.com article quote:

"The board had put pressure on Pecker to hire independent-minded financial executives, according to several company sources."

 

post a comment
ABOUT FEED

© 2008  Mediawiredaily.com