sulzberger family companies

In high school he went on a trip to Israel that left him slightly intrigued by his background, Jones and Tifft wrote. The surprising truth, Broker: the baby box drama movies ending, explained, Colleen Hoovers It Starts with Us: the sequels ending, explained, Why is SHEIN so cheap? 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. The Ochs/Sulzberger family controls nine of the 13 seats on the company's board, through its ownership of separate voting-class stock. Assessing the truth behind the existence of the mind power, What happened to Kmart? But as Beyer would soon realize, Finchs past wasnt what she claimedand Beyers own difficult history was up for the taking. This is true of many big businesses, but what is interesting about the Times is that it has a "public trust" role that normal, profit-maximizing companies don't have. Sulzberger was the chairman of The New York Times Company from 1997 to 2020, and the publisher of The New York Times from 1992 to 2018. There are obvious comparisons to be made to the Rockefellers or the Kennedys in the dynasty field, but the authors never get there. The authors seem not terribly curious about the questions raised by the newspaper's success. He and his wife had a single child, a daughter. In a 2005 New Yorker profile about him also titled The Inheritance, famed Times writer and author of the definitive history of the Times, The Kingdom and the Power, Gay Talese told author __ Ken Auletta__ cooly, You get a bad king every once in a while.. Though Logan is often pitched as a villain of Succession, whats been true, generally, in American culture is that were inclined to be much friendlier to self-made kings like Logan Roy than we are to those, like the Pierces and the Sulzbergers, who inherited their wealth. With a journalism operation of more than 2,000 people reporting from around the globe, The Times is the most influential and award-winning English-language news organization in the world. The Sulzberger family owns The New York Times through The New York Times Company. The option is a lower price,Carlos told Reuters. On this Wikipedia the language links are at the top of the page across from the article title. Both the Sulzberger and Graham families, which own controlling interests in their companies, have safeguarded quality journalism with the dynastic succession. Still, stories related to Jewish topics were carefully edited, said Goldman, who worked at the Times from 1973-1993. Those stories got a little more editorial attention, and Im not saying they were leaning one way or another, but the paper was conscious that it had this reputation and had this background and wanted to make sure that the stories were told fairly and wouldnt lead to charges of favoritism or of bending over backwards, he told JTA on Monday. For a brief moment, it looked like the Sulzberger name would depart the papers helm. Farlex Partner Medical Dictionary Farlex 2012 Want to thank TFD for its existence? Sign in to stop seeing this, Sara Netanyahu accosted by protesters at Tel Aviv hair salon, extricated by police, Brides joy turns to sorrow after Elan Ganeles killed driving to her wedding, Hiker discovers 2,500-year-old ancient receipt from reign of Purim kings father, Netanyahu compares Tel Aviv protesters to settlers who set fire to Huwara. The New York Timestargeted 10 million subscribers by 2025, a target its hit with three years to spare. Frustratingly, though, the authors settle for chronicling the family's history and do little by way of interpreting it. Do you rely on The Times of Israel for accurate and insightful news on Israel and the Jewish world? She could, however, supply a successor by marrying one, and she found Arthur Hays Sulzberger, a businessman whose Jewish ancestors had settled in New York in the eighteenth century. He also owns a Hudson Valley mansion in New Paltz. Another problem stems from the fact that any book about the Times will certainly be read by journalists and reviewed by journalists. The . Meredith Kopit Levien grew up in Richmond, Virginia, where she occasionally read The New YorkTimescourtesy of her New Yorker parents. Berkeley, Sulzberger Jr. spoke to Orville Schell, then the dean of the Graduate School of Journalism, in front of a large audience. Rupert Murdoch Knees Trump in the Balls While Hes Doubled Over Coughing Up Blood, Scene Stealer: The True Lies of Elisabeth Finch, Part 1, Inside the New Right, Where Peter Thiel Is Placing His Biggest Bets. It should be noted that members of the Bancroft clan said in 2011 that they regretted selling their familys paper off, though theres an argument to be made that Murdoch was actually the best thing that could have happened to that paper. [16], Sulzberger was opposed to the Vietnam War and was arrested at protest rallies in the 1970s. The New York Timesis based in New York but read worldwide; its ranked 18th by circulation. For this book, they certainly did their homework. [15][16][17] He was the lead author of the 97-page report,[11][15] which documented in "clinical detail" how the Times was losing ground to "nimbler competitors" and "called for revolutionary changes". I trust that such a puffball could not get past the Times's own editors, and I hope it stays that way--for whatever reason. 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.. For comparison's stake, the entire Ochs-Sulzberger family, including the newspaper's publisher, Arthur Ochs Sulzberger Jr., and all the trusts he and his cousins control, own a stake amounting to a mere 11 percent, according to the proxy statement. 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. The meeting was off-the-record, but after President Trump tweeted about it eight days later, Sulzberger "pushed back hard" to dispute the President's characterization of the meeting. But they are deeply devoted to this place, and the three of us are committed to continuing to work as a team.. Critics said the newspaper failed to give adequate coverage to Nazi atrocities committed against Jews, a charge that The Times later owned up to. Born: 1921. We learn more, for example, about the Cohens and the Goldens and some other branches of the family than we need to. In 2005, a vicious profile in. The Sulzberger family derived its name from the town of Sulzberg, near Ratisbon, in Bavaria. Sulzberger was born in Mount Kisco, New York, one of two children of Barbara Winslow (ne Grant) and Arthur Ochs "Punch" Sulzberger Sr.[2] His sister is Karen Alden Sulzberger, who is married to author Eric Lax. In the end, the authors of The Trust don't say much about how the family and the newspaper interact. Does it make sense for the newspaper to entrust its fate to 13 unaccountable millionaires who acquired their money and influence through birth? Sulzberger joined The New York Times in 1978 as a correspondent in the Washington, D.C. bureau. Thirty-nine-year-old Arthur A.G. Sulzberger is the current publisher of the New York Times, and hes the fourth Arthur Sulzberger in the family to hold that position. Golden (making it the unofficial Ochs-Sulzberger house band). Sulzberger Family Trustee Company Limited has been running for 9 years 7 months, and 28 days. However, the paper remained afloat due to ever-rising subscribership. Subscribe to our emails. Various Sulzbergers have left their mark, literally, on the world. It enjoyed early success because it targeted an intellectual readership. On this Wikipedia the language links are at the top of the page across from the article title. Ms. Van Dyck was the chief operating officer for Reality Labs at Meta Platforms, Inc. (formerly Facebook, Inc.) from 2020 to 2022. On the opposite coast, The Los Angeles Times provides a cautionary tale: When the Chandler family dropped its active running of the paper, they turned to the cereal maker Mark Willes from General Mills, whose only prior involvement with the newspaper business was as a reader. The publishers promised to be non-partisan and dedicated to the reform or extermination of the evils in society. 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. Last Thursday, The New York Times announced that its publisher, Arthur Ochs Sulzberger Jr., 66, is stepping down at the end of the year. Sulzberger was stunned when he'd heard that Don Graham, a longtime friend and head of the family that owned the Washington Post, sold the paper to Amazon founder Jeff Bezos, according to. The authors also provide the most detailed explanation to date of the family's business arrangements. But Arthur Ochs Sulzberger Jr. still had some connections to his Jewish background. Revised several times, the Sulzberger trust now states that the power and money are held principally by the 13 cousins in Arthur, Jr.'s generation. In 1891 there were 5 Sulzberger families living in London. I asked people for advice, and just the sentiment was that it was a great journalism company, but maybe the best days of its business were behind it,she toldThe New York Times. But in season two, episode three, Hunting, a new kind of player enters the game. (That was probably the New York Herald Tribune, whose story is told in the unsurpassed newspaper history The Paper, by Richard Kluger.) 20% of the New York Times Co. (NYT) is owned by the Sulzberger family. Had The Times highlighted Nazi atrocities against Jews, or simply not buried certain stories, the nation might have awakened to the horror far sooner than it did, Jones and Tifft wrote. Among the witnesses was Arthur's father,. Sulzberger helped to found and was a two-term chairman of the New York City Outward Bound organization,[15] and currently serves on the board of the Mohonk Preserve. But at other times, the approach has its drawbacks. Sulzberger Jr. bought an Upper West Side penthouse for $4 million in 2011. (His nickname, Pinch, is a diminutive of the nickname of his father and predecessor, Arthur Ochs Punch Sulzberger Sr.). My name became public 25 years ago this week. This collection does not contain images used to illustrate stories in the paper. A.G. Sulzberger is part of a generation at the paper that includes his cousins Sam Dolnick, who oversees digital and mobile initiatives, and David Perpich, a senior executive who heads its Wirecutter product review site. 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]. the Sulzbergers, is a variety of artists, musicians, academics, The New York Timesis one of the worlds most iconic newspapers. Sulzberger was born in Washington, D.C., on August 5, 1980, to Gail Gregg and Arthur Ochs Sulzberger Jr. What it does produce, in the case of To learn more about the Sulzbergers, I highly recommend Mark Bowdens lengthy Vanity Fair profile, or, if you have even more time to spare, you can dive into all 870 pages of The Trust: The Private and Powerful Family Behind The New York Times, by Susan E. Tifft and Alex S. Jones. That perception is largely because of the family and because of the familys Jewish name and Jewish roots, Goldman said, so whether theyre Jewish or not today, theres a feeling that this is still a newspaper with a heavy Jewish influence.. And that family history lives on. Photographs is a collection of negatives, contact sheets, slides, and prints that document the Ochs-Sulzberger-Dryfoos families, The Times staff, and Times' buildings, offices, and events spanning 1875 to 1987. [39][40], He has said that an independent press "is not a liberal ideal or a progressive ideal or a Democratic ideal. Revised several times, the Sulzberger trust now states that the power and money are held principally by the 13 cousins in Arthur, Jr.'s generation. London had the highest population of Sulzberger families in 1891. Roman tries to reach out to Naomi to get the ball rolling on a deal, but Naomi alerts the rest of the family, who shut negotiations down before they start. Check this off your list and sleep better at night knowing your family won't suffer when disaster strikes. The name of the family trust, Marujupu, is comprised of the names of the four children of the late matriarch Iphigene Ochs Sulzberger: Marian, Ruth, Judy, and Punch. Thats why we started the Times of Israel ten years ago - to provide discerning readers like you with must-read coverage of Israel and the Jewish world. We have really big ambitions for The New York Times, and we have big ambitions for independent journalism, more generally,Meredith said. Under Joness leadership, the paper became increasingly Republican-leaning, especially after its damning expos of the citys Democratic Party leader William Tweed. In 1992, Sulzberger relinquished the publisher's job to his 40-year-old son, Arthur Ochs Sulzberger Jr., but remained chairman of The New York Times Co. The New York Times Company's 2022 proxy statement reports: "Certain Members of the Ochs-Sulzberger Family Employed by the Company during our 2021 Fiscal Year. . One hundred years later, the Times was the acknowledged leader of American journalism, and although it had become a billion-dollar operation, it was still a family paper, controlled by Punch Sulzberger and his sisters and cousins and their children. If A.G retires at the same age as his father, he will remain chairman of The New York Times Company for the next three decades. Janet L. Robinson, chief executive of The New York Times Company, said: This agreement provides us with increased financial flexibility to continue to execute on our long-term strategy. shopper. It's easy to be misled by the Times's recent greatness into thinking that it was always so. He thought they needed no state or political and social institutions of their own. Divorced: 1965. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Unlock Case Solution. I feel weve achieved everything we had hoped to achieve,Thompson said. Please try again or choose an option below. The Open Database Of The Corporate World. Divorced: 1956. I know A. G. will not rest in his drive to empower our journalists and expand the scope of The Timess ambitions,Arthur said. Wedding", "Ex-New York Times Publisher Arthur Sulzberger Jr. [3] He is a grandson of Arthur Hays Sulzberger and great-grandson of Adolph Ochs. Kopit became CEO during a once-in-a-century pandemic that cut the papers revenue by more than half. 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. We learn about the paper's metropolitan coverage or its foreign reporting, for example, only when a family member takes a turn at it. Best known for heading the team that produced The Times's "innovation report" in 2014, A. G. Sulzberger will be the sixth member of the Ochs-Sulzberger family to serve as publisher since its . It can be intimidating company. The occasion was a special anniversary for The New York Times, the nation's pre-eminent bastion of serious journalism. Sulzberger . National Book Award Literarian Award for Outstanding Service to the American Literary Community, Barbara Winslow Grant, Mother of Times Chairman, Dies at 90, "Karen A. Sulzberger Is Wed To Eric Martin Arthur Lax". Asked recently about his working relationship with Dolnick and Perpich, A.G. Sulzberger spoke of their strong journalism backgrounds and invoked the family ethos. Find company research, competitor information, contact details & financial data for SULZBERGER REALTY PTY. However, he has said that people still tend to regard him as Jewish due to his last name. A detailed investigation into the weight loss app, Is SHEIN bad? Meredith has probably overachieved during her short reign as CEO. So now we have a request. It was a long, slow climb to success. While criticism from the Jewish community under his tenure was less harsh than during his grandfathers time, many, particularly on the right, still saw the newspaper as being biased against Israel. 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 Even so, there is much to enjoy in this family and institutional tale, beginning with the dynastic founder, Adolph Ochs, the son of Jewish immigrants from Furth, Germany. 15 million digital subscribers is a wildly ambitious target, which the paper might achieve if Donald Trump becomes president again. Although few outsiders could have picked Punch Sulzberger from among the hundreds of politicians, society figures, business executives, and journalists at the Met that night, almost all would recognize the name of his newspaper. Still, A.G. was favorite to take the position partly due to his last name and role in drafting the 2014 Innovation Report, a document outlining The New York Times digital strategies. Little, Brown; 870 pages. integrity of lighthouses, according to a long letter she wrote to a As family members, they hold the bulk of the company's Class B voting stock, which allows them to control its board of directors. From 1997 until 2020, Sulzberger was the chairman of The New York Times Company and the publisher of The New York Times from 1992 to 2018. Get the latest business insights from Dun & Bradstreet. The Times was also quite conservative--both in its editorials and in its look. At the center is the legal trust that governs how the family manages its ownership. I warned that this inflammatory language is contributing to a rise in threats against journalists and will lead to violence. His parents divorced when he was 5 years old. Scene Stealer: The True Lies of Elisabeth Finch, Part 2. Where did it come from? [6] While there, he revealed that membership of the Narragansett Lions Club was not open to women. [6] The club began admitting women a few months later. VP, Gen. Married to Ben Hale GOLDEN. 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. Charles Ransom Miller raised enough money to purchase the paper. [4], Sulzberger's parents divorced when he was five years old. Im sure we should exercise the option, but we look at it like a financial investment that has been very good., Then chief executive Mark Thompson said repurchasing of the shares was the best option for Carlos:We believe it is in the best interests of the company to continue to maintain a conservative balance sheet, and a prudent view on the allocation of free cash flow and this one-off repurchase program should not be viewed as a change of position about our capital allocation plans., Read Next: Who owns Reuters?