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. 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. SEC filings state the trust's "primary objective" is that the Times continues "as an independent newspaper, entirely fearless, free of ulterior influence and unselfishly devoted to the public welfare". 3/n And Arthur Sulzberger Jr. owns 1.8% of Class A stocks and 92.2% of Class B stocks. This was about 45% of all the recorded Sulzberger's in the UK. It's easy to be misled by the Times's recent greatness into thinking that it was always so. 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. in Mexico. [6] The club began admitting women a few months later. He is of German ancestry. The younger Sulzberger is the sixth member of the Ochs Sulzberger clan to serve as publisher of the prominent New York newspaper. He believed strongly and publicly that Judaism was a religion, not a race or nationality that Jews should be separate only in the way they worshiped, Frankel wrote. He and his wife, Gail Gregg, were married by a Presbyterian minister. teachers, and even a fashion stylist. 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.. 1 Sponsored by Forbes Advisor Best pet insurance of 2023. For a brief moment, it looked like the Sulzberger name would depart the papers helm. Golden (making it the unofficial Ochs-Sulzberger house band). For this book, they certainly did their homework. It has been owned by the family since 1896; A. G. Sulzberger, the paper's publisher, and his father, Arthur Ochs Sulzberger, Jr., the company's chairman, are the fourth and fifth generation of the family to head the paper. In search of profit, Willes forced The Los Angeles Times's newsroom to play ball with the newspaper's business office, which resulted recently in an embarrassing joint venture with a local arena--precisely the kind of thing the Sulzbergers are raised to avoid. He is of German ancestry. In 2015, Carlos exercised warrants that gave him a nearly 17% stake in the company. The younger Sulzberger is the sixth member of the Ochs/Sulzberger clan to become . 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. The family owns about a fifth of the paper and controls it via a special class of voting shares. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. He went to great lengths to avoid having The Times branded a Jewish newspaper., As a result, wrote Frankel, Sulzbergers editorial page was cool to all measures that might have singled [Jews] out for rescue or even special attention., Though The Times wasnt the only paper to provide scant coverage of Nazi persecution of Jews, the fact that it did so had large implications, Alex Jones and Susan Tifft wrote in their 1999 book The Trust: The Private and Powerful Family Behind The New York Times.. [8], Sulzberger remained chairman of Times board until December 31, 2020, when he passed that position to his son as well.[9]. The occasion was a special anniversary for The New York Times, the nation's pre-eminent bastion of serious journalism. the Sulzbergers, is a variety of artists, musicians, academics, We learn more, for example, about the Cohens and the Goldens and some other branches of the family than we need to. As family members, they hold the bulk of the company's Class B voting stock, which allows them to control its board of directors. Robinson also. [18] The Innovation Report was leaked to BuzzFeed News in March 2014. For as little as $6/month, you will: Were really pleased that youve read X Times of Israel articles in the past month. And with a dynamic new C.E.O. It can be intimidating company. This collection does not contain images used to illustrate stories in the paper. The tradition of handing down the paper from father to a firstborn son also named Arthur is such an obviously medieval practice at the New York Times that Sulzbergers dad and predecessor, Arthur Ochs Pinch Sulzberger Jr., kept a Steuben crystal sculpture of a gold-handled Excalibur embedded in stone on his deska gift and potential Shiv Roy-worthy act of passive aggression from his passed-over sisters when he was named publisher and the familys next kingArthur. He was the youngest of four children and was affectionately called "Punch" by family and friends, having . The Sulzberger family owns The New York Times through The New York Times Company. As previously reported, stage legend Cherry Jones will play head of the family Nan Pierce, Holly Hunter is CEO Rhea Jarrell, and Annabelle Dexter-Jones plays Naomi Pierce, whom we discover in the third episode is a friend of Romans partner, Tabitha. Compare the best options for 2023. [7], Sulzberger began writing for the New York Times as a metro reporter in February 2009,[8] which published his first article on March2. . His parents divorced when he was 5 years old. 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. Its been around for two decades shy of two centuries, winning more Pulitzer Prizes of any newspaper. its publicly known that he likes Star Trek. 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. Dolnicks mother, Lynn Golden, is the great-great-granddaughter of Julius and Bertha Ochs, the parents of Adolph S. Ochs, and was married in a Chattanooga, Tennessee, synagogue named in their memory. The New York Timestargeted 10 million subscribers by 2025, a target its hit with three years to spare. Incorrect password. From an early age, Sulzberger children are taught to value their role as stewards of the paper and servants to the public good. Sulzberger moved The New York Timesto the internet in 1996. At the center is the legal trust that governs how the family manages its ownership. When Succession creator Jesse Armstrong set out to make his HBO series about power and family conflict in the world of New York media he had a very specific type of business mogul in mind. At the Washington Post, family. Died:2017. Sign up for our daily Hollywood newsletter and never miss a story. The broadcaster faces an uncertain future, Who owns Nespresso? It enjoyed early success because it targeted an intellectual readership. - Age . 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. The family owns about a fifth of the paper and controls it via a special class of voting shares. 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.". Arthur Ochs Sulzberger, Jr., is retiring as chairman of the New York Times Co. as of the end of this year, turning control of the family-controlled company that publishes the paper over to his son. In September 1857, the paper becameThe New-York Times(the hyphen dropped in 1896). Looking for more? On the evening of June 26, 1996, there was a rare public display of the American Establishment. Frustratingly, though, the authors settle for chronicling the family's history and do little by way of interpreting it. Check this off your list and sleep better at night knowing your family won't suffer when disaster strikes. The Roys are new moneyso much that Logan seems to resent his children for growing up with the wealth he never had as a childwhile the liberal, patrician Pierces have seemingly spent generations coolly steering their lucrative empire straight into the danger that is our increasingly rocky media landscape. This is a remarkable family business book. [1], He attended Ethical Culture Fieldston School and Brown University, graduating in 2003 with a major in political science. Farlex Partner Medical Dictionary Farlex 2012 Want to thank TFD for its existence? Journalistically, the position is almost papal, in the sense that the best its holder can hope to do is to keep the institution going. Married to Ben Hale GOLDEN. Pleasant Avenue . We continue to explore other financing initiatives and are focused on reducing our total debt through the cash we generate from our businesses and other decisive steps.. [4], Sulzberger's parents divorced when he was five years old. Thompson achieved his target of hitting $800 million in digital revenue by 2020. Ferdinand Sulzberger in MyHeritage family trees (N Web Site) view all 25 Immediate Family Rose Sulzberger wife Max Judah Sulzberger son Lily Marx daughter Arthur T Sulzberger son Matilda Weinberg daughter Germon Frederick Sulzberger son Nathan Sulzberger son Belle Schrag daughter Simon Sulzberger son Stella Lee Ullman wife Ferdinand B Sulzberger However, he has said that people still tend to regard him as Jewish due to his last name. But at other times, the approach has its drawbacks. He and his wife had a single child, a daughter. [17], Sulzberger married Gail Gregg in 1975, and the couple divorced in 2008. (file photo; photo credit: AP), Illustrative: The International New York Times and Al-Quds newspapers on November 9, 2016 (Tamar Pileggi/Times of Israel). Arthur Hays Sulzberger had experienced anti-Semitism, and he was worried about his paper being perceived as too Jewish, Laurel Leff wrote in her 2005 book Buried by the Times: The Holocaust and Americas Most Important Newspaper.. A.G. Sulzberger is an American journalist and the publisher of The New York Times. The Jewish issue, which the family is quite conscious of but reticent about discussing, also gets its due in The Trust. The Times was also quite conservative--both in its editorials and in its look. The real change agents in American journalism are usually people like the self-titled SOB Allen Neuharth of Gannett, the founder of USA TODAY, who are not even trying to uphold the standards embraced by the Times. 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. He has been the principal architect of the news outlet's digital transformation and has led its efforts to become a subscriber-first business. It describes in great detail the story of the Ochs/Sulzberger clan and their 4 generations of ownership of what we now know as The New York Times. [6] In 1974, he received a Bachelor of Arts degree in political science from Tufts University. 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 . [6], Sulzberger worked as a reporter for The Oregonian newspaper in Portland from 2006 to 2009, writing more than 300 pieces about local government and public life, including a series of investigative exposs on misconduct by Multnomah County Sheriff Bernie Giusto. Murdochs pursuit and acquisition of the Bancroft-owned Wall Street Journal in 2007 will almost certainly influence some of Succession this season. [6] While there, he revealed that membership of the Narragansett Lions Club was not open to women. The New York Times now runs primarily via a subscription-based model, where digital subscriptions contributed over $426 . Get the latest business insights from Dun & Bradstreet. [2][3] At Brown, Sulzberger worked briefly for The Brown Daily Herald as a Contributing Writer. He also There are obvious comparisons to be made to the Rockefellers or the Kennedys in the dynasty field, but the authors never get there. Don't overpay for pet insurance. shopper. Little, Brown; 870 pages. Schedule a free consultation at our Bay Harbor Islands office by calling (305) 865-8631 or by contacting us online. A fifth-generation descendant of Ochs-Sulzberger, Arthur Gregg (A.G.) Sulzberger, its CEO is soft-spoken and measured. At Meta, she previously served as chief marketing officer of AR/VR from 2017 to 2020, and . Let My Patriot Supply help you prepare for the worst. But the authors are not inclined to criticize the paper on other matters, such as its failure to report on some of the early scandals of the Reagan era or its obsessive focus on Clinton's Whitewater affair. After Ochss death, his son-in-law, Arthur Hays Sulzberger, took over the reins at The Times. In January 1987, Sulzberger was named assistant publisher. LTD. of HELENSVALE, QUEENSLAND. The Open Database Of The Corporate World. 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. Newhouse family - Forbes Arthur Ochs Sulzberger, Jr.'s Net Worth Probably, 2020 is the busiest year for Arthur Ochs Sulzberger, Jr.. Meet the brand-new players on the board this season. Already a member? Sulzberger was born in Washington, D.C., on August 5, 1980, to Gail Gregg and Arthur Ochs Sulzberger Jr. Sulzberger Jr. no doubt made some bad business decisions, including fumbling the 2014 firing of Times executive editor Jill Abramson in a rare high-profile move that put the Sulzbergers exactly where they prefer not to be: in the public eye. 97-page "innovation report" about how the Times needed to become a digital-first company. As the 33-year-old son of New York Times publisher and company chairman Arthur Sulzberger Jr., whose family has steered the institution since 1896, Arthur Gregg Sulzberger is one in a handful of . The Ochs-Sulzberger Family Trust owns basically all Class B shares. blog. The familial exchange of power wasn't unexpected. This polarization of political views could have many effects on the politics of the nation - both in the upcoming (2016) presidential election and societal developments in the future. Counsel & Corp. Sec. DAVID GREENE, HOST: One family has owned and operated The New York Times since 1896. By registering you agree to the terms and conditions. Files for Divorce", The New York Times & 9/11: Arthur Ochs Sulzberger Jr. Interview (2001), https://en.wikipedia.org/w/index.php?title=Arthur_Ochs_Sulzberger_Jr.&oldid=1129708197, Tufts University School of Arts and Sciences alumni, Short description is different from Wikidata, Wikipedia pending changes protected pages, Pages using infobox person with multiple parents, Creative Commons Attribution-ShareAlike License 3.0, The New York Times Syndicate & News Service, This page was last edited on 26 December 2022, at 19:14. [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. Becoming deputy publisher made one the heir apparent to The New York Times throne. When Elisabeth Finch met Jennifer Beyer in 2019, the two women forged a fiercely loyal friendship, and eventually got married. During the annual shareholders' meeting in April 2006, some investors including Morgan Stanley Investment Management (MSIM), who holds 28% of the company's stock altogether . The Ochs-Sulzberger family is a great American family that has served our nation in war and peace since its founding. In a smooth, well-paced narrative, they give a detailed account, including the family's many marital affairs, divorces, and jealousies. Meredith has probably overachieved during her short reign as CEO. Sulzberger is a 1985 graduate of the Harvard Business School's program for management development. Theres Sulzberger Jr.s daughter, Annie Sulzberger, now head of research for Netflixs The Crown. 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. Arthur Ochs Sulzberger, byname Punch, (born February 5, 1926, New York City, New York, U.S.died September 29, 2012, Southampton, New York), American newspaper publisher who led The New York Times through an era in which many innovations in production and editorial management were introduced. But even so, Sulzberger Jr.s bad reputation is barely a blip compared to other media moguls. Asked recently about his working relationship with Dolnick and Perpich, A.G. Sulzberger spoke of their strong journalism backgrounds and invoked the family ethos. In this case, the authors often tell us what Punch was thinking, feeling, or planning in a way that could only have come from him. This New Zealand Limited Company's AR application month is August. [9] He became a national correspondent,[10] heading the Kansas City bureau and covering the Midwest region. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. The first known member of the family was Eleazar Sussman Sulzberger, c1600. The option is a lower price,Carlos told Reuters. [16], Sulzberger was opposed to the Vietnam War and was arrested at protest rallies in the 1970s. [That section indicates A.G. Sulzberger was paid $8,112,955 for his work in 2019, 2020, and 2021. As family members, they hold the bulk of the company's Class B voting stock, which allows them to control its board of directors. . Meredith Kopit Levien grew up in Richmond, Virginia, where she occasionally read The New YorkTimescourtesy of her New Yorker parents. His paternal grandfather, Arthur Ochs Sulzberger, was Jewish, and the rest of his family is of Christian background (Episcopalian and Congregationalist). [25] In 2018, he married Molly Messick.[5]. In these capacities, Sulzberger was involved in planning the Times's automated color printing and distribution facilities in Edison, New Jersey, and at College Point, Queens, New York, as well as the creation of the six-section color newspaper. Marian SULZBERGER. the proverbial fire in the belly. Their situation could well have been inspiration for the one Roy family employee Gerri Kellman describes in episode three when she asks if some of the young cousins in the Pierce family want yacht money.. But they are deeply devoted to this place, and the three of us are committed to continuing to work as a team.. But that question of nondemocratic succession in ostensibly democratic America is exactly the subject Armstrong and his writers are eager to dig into. [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. I know A. G. will not rest in his drive to empower our journalists and expand the scope of The Timess ambitions,Arthur said. The New York Times Company records. The name of the family trust, Marujupu, is comprised of the names of the four children of the late matriarch Iphigene Ochs. That circumstance made them "arguably the most powerful blood-related dynasty in twentieth-century America," in the opinion of the family's latest historian-biographers Susan E. Tifft and Alex S. Jones. 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. VP, Gen. In high school he went on a trip to Israel that left him slightly intrigued by his background, Jones and Tifft wrote. On the other hand, there are many limits on the publisher's power. [16][20] In that role, he was part of the group that outlined the Times' plan to double the news outlet's digital revenue by 2020 and increase collaboration between departments,[2][21] dubbed "Our Path Forward". Because of the responsibility the Sulzberger family feels to maintain journalism's highest standards, the head of the Times is not even free to make as much money as possible. What is the nature of the Times's power? [20][21], Sulzberger married Gabrielle Greene 2014, and the couple filed for divorce in 2020.[22][23][24]. 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. What it does produce, in the case of His mother was a descendant of Mayflower crew member John Alden and Plymouth Colony governor Edward Winslow. In a "Note on Sources," Tifft and Jones state that most of their material came from interviews with members of the Ochs-Sulzberger clan. (The fictional Pierces own a paper called the New York Mail.) Sulzberger Jr.s reign as Times publisher from 1992-2017 was a rocky one. 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 Despite being a national newspaper of record,The New York Timeshas faced criticism for allegedly leaning to the left side of politics. Theyre not MAGA. But Arthur Ochs Sulzberger Jr. still had some connections to his Jewish background. The New York Timesis one of the worlds most iconic newspapers. And at its heart, the story of the Times is a spectacular variant of the familiar tale of an immigrant family's rise to prominence. "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.
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