Subject:

Carl Schmidt

  • Blogs

    May 22, 2012

    Post-Dispatch Lays Off Six People Today

    [UPDATE: United Media Guild tweets the number is now at six. Four copy editors, one photographer and one manager laid off. Erica Smith emailed to correct that one copy editor was part-time, the other was a full-time employee. The following post has been slightly tweaked to reflect that.]Twitter swee ... More >>

  • Blogs

    April 25, 2012

    Lee Enterprises Defers Pension Payments to Employees

    Post-Dispatch employees enrolled in the Pulitzer pension plan received letters this weekend notifying them that Lee Enterprises chose to exercise an election that allowed the company to defer paying into the plan for all of 2011. So Lee deferred making payments to employee pensions for 2011, but gav ... More >>

  • Blogs

    April 12, 2012

    P-D Employees Protest CEO's Half-Million Dollar Bonus

    Many of you shared our outrage a few weeks ago when we reported that Lee Enterprises, parent company of the Post-Dispatch, gave its CEO Mary Junck a $500,000 bonus for successfully guiding the corporation out of bankruptcy. CFO Carl Schmidt made out pretty well, too: He got $250,000. The P-D employ ... More >>

  • Blogs

    March 28, 2012

    Mary Junck, CEO of Lee Enterprises, Gets a $500k Bonus

    ​Lee Enterprises, parent company of the Post-Dispatch, gifted $500,000 to its CEO Mary for refinancing almost a billion dollars of the company's debt and successfully guiding the company into and out of bankruptcy court. Meanwhile, down in the trenches of the newspaper business, the P-D's total st ... More >>

  • Blogs

    September 8, 2011

    P-D Parent Co. Gets Debt Extension; Bankruptcy Still an Option

    A reprieve -- or maybe a Chapter 11 reorganization, for Lee Enterprises.​Lee Enterprises, the Iowa-based owner of the St. Louis Post-Dispatch and other newspapers, including the Arizona Daily Star, announced late this afternoon that it reached an agreement with "a significant majority" of its debt ... More >>

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