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Untitled Document

Reed em and weep!

Published: Wednesday, March 21, 2007

-Shomari Hines

GateHouse Media Inc. CEO Michael E. Reed is showing other newspaper CEOs how it should be done. The man has only been at the helm of GateHouse Media for a year and already his finger prints are all over the company starting with the GateHouse name. Its as if his bosses gave him a deadline to rev things up at the company or he will only get like 40 % of his salary. The man has machine like abilities or something.

It's a record that makes his six-year stint as CEO of the famously acquisitive CNHI look sleepy by comparison.But it wasn't until nearly Halloween that Mike Reed -- everyone calls him Mike -- really attracted attention outside newspaper industry circles. On Oct. 25, GateHouse pulled off the first successful IPO (initial public offering) of a significant newspaper company in more than two decades.

Perhaps the folks at New York Times Company should call on Reed for some pointers on how to run a newspaper business more effectively, and roll out a successful IPO.

Just One Year in, Gatehouse CEO Michael Reed Is Making Waves [E&P]

Labels: GATEHOUSE_MEDIA, MIKE_REED, NEWSPAPERS, NYTimes, SHOMARIHINES

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