Romenesko Memos | Chicago Tribune
Dennis FitzSimons tells employees in an e-mail: "As you know,
Sam Zell has made a significant personal investment in Tribune. He will become Chairman of the Board, effective at the close. I will be stepping down as Chairman and CEO -- and after helping with some post-transaction matters -- will leave the company at the end of the year. It's the right time for this transition and for Tribune's 20,000 employees to hear a single voice from the top." ||
Phil Rosenthal: Sources say Zell will take the CEO role.
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Veteran radio exec Michaels expected to join Zell at Tribune (WSJ)