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August 03, 2015 6:14 PM ET

Media

Company Overview of The McClatchy Company

Company Overview

The McClatchy Company publishes newspapers, and related digital and direct marketing products in the United States. Its newspapers include the Miami Herald, The Kansas City Star, The Sacramento Bee, The Charlotte Observer, The (Raleigh) News and Observer, and the (Fort Worth) Star-Telegram. The company operates 29 daily newspapers, Websites, mobile apps, mobile news and advertising, niche publications, direct marketing, direct mail services, and nearby community newspapers. It also owns 15.0% of CareerBuilder, LLC, which operates an online job Website, CareerBuilder.com; 33.3% of HomeFinder, LLC, which operates the online real estate Website, HomeFinder.com. The McClatchy Company was founded...

2100 Q Street

Sacramento, CA 95816

United States

Founded in 1860

5,780 Employees

Phone:

916-321-1844

Key Executives for The McClatchy Company

Chief Executive Officer, President and Director
Age: 50
Total Annual Compensation: $825.0K
Chief Financial Officer and Vice President of Finance
Age: 59
Total Annual Compensation: $439.0K
Vice President of Operations
Age: 54
Total Annual Compensation: $1.1M
Consultant
Age: 64
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2014.

The McClatchy Company Key Developments

The McClatchy Company Appoints Terrance 'Terry' Geiger as Vice President, Technology

The McClatchy Company appointed Terrance 'Terry' Geiger to the newly created position of vice president, technology. In this new role, Geiger becomes the company's top technology executive and a member of company's senior management team. Most recently, Geiger, a seasoned veteran of the company, served as company's corporate director for IT. Prior to that, he has held technology leadership positions at the company's corporate, California IT operations and The Fresno Bee.

The Mcclatchy Company Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2015

The McClatchy Company announced unaudited consolidated earnings results for the second quarter and six months ended June 28, 2015. For the quarter, the company’s revenues were $262,360,000 compared to $287,391,000 a year ago. Operating income was $11,463,000 compared to $27,307,000 a year ago. Income from continuing operations was $98,000 compared to $91,648,000 a year ago. Net income was $98,000 or $0.00 per diluted share compared to $89,949,000 or $1.02 per diluted share a year ago. Operating cash flow was $41,468,000 compared to $55,303,000 a year ago. Adjusted net income from continuing operations $130,000 compared to $2,765,000 a year ago. For the six months, the company’s revenues were $519,538,000 compared to $563,562,000 a year ago. Operating income was $10,305,000 compared to $22,609,000 a year ago. Loss from continuing operations was $11,248,000 compared to income from continuing operations of $75,586,000 a year ago. Net loss was $11,248,000 or $0.13 per diluted share compared to net income of $74,107,000 or $0.84 per diluted share a year ago. Operating cash flow was $68,712,000 compared to $93,835,000 a year ago. Adjusted net loss from continuing operations $8,617,000 compared to $3,360,000 a year ago.

The McClatchy Company to Report Q2, 2015 Results on Jul 24, 2015

The McClatchy Company announced that they will report Q2, 2015 results at 9:00 AM, Pacific Standard Time on Jul 24, 2015

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
June 11, 2015
Moonlighting, LLC
Merger/Acquisition
May 21, 2015
The McClatchy Company, Charlotte Observer's 9.4-Acre uptown Headquarters Site
Buyback
April 24, 2015
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