Columbia Journalism Review blisters Lee Enterprises
May 1, 2014
Life is good at the top of Lee Enterprises for CEO Mary Junck and other top company executives. They continue paying themselves handsomely for keeping the company afloat. Yes, these executives have steered the company out of bankruptcy and alleviated...
Good news, bad news for Lee Enterprises
February 10, 2014
Lee Enterprises, parent company for our Post-Dispatch unit, has been making news on the business pages in recent days. On the bright side, the company reworked its second-lien debt to lower its interest rate and extend its term. Mary Junck,...
In Davenport, it’s Christmas in July!
July 27, 2012
Say! Did you hear the one about the media corporation that kept laying off newspaper employees - and trashing their newspapers in the process - in order to give bonuses, raises and stock options to their corporate executives? No? Well...
Lee reports lousy quarter (from Romenesko)
April 18, 2012
as PD employees circulate petitions calling for LEE CEO Mary Junck and CFO Carl Schmidt to return their bonuses, it appears that Lee employees aren't the only ones outraged by such blatant hypocrisy. Here, then, is the latest from Romenesko......
Let them eat cake – a protest against corporate greed
April 11, 2012
Employees of the St. Louis Post-Dispatch will gather outside their newspaper at noon on Thursday, April 12, to protest the outrageous bonuses awarded Lee Enterprises CEO Mary Junck (who received $500,000) and CFO Carl Schmidt (who received $250,000). Noting...
What could YOU do with $750,000?
April 2, 2012
A few years ago we had an organizing drive at the Bloomington (IL) Pantagraph, a former Pulitzer property. When we filed for a representation election, we had signed A-Cards (authorization cards) from about 70% of the would-be bargaining unit. However,...
Mary Junck gets $500,000 bonus
March 27, 2012
According to a Lee Enterprises filing with the SEC, CEO Mary Junck has received a $500,000 bonus related to Lee's successful refinancing. Additionally, Carl Schmidt, vice president, CFO and treasurer, received a $250,000 bonus. Junck and Schmidt are the fiscal geniuses who way overpaid...
Daughter Faults Lee In Father’s Death
March 22, 2012
By Roy Malone Davenport, Iowa -- It was an emotional scene at the end of the recent annual meeting of Lee Enterprises, the newspaper chain that owns the St. Louis Post-Dispatch. There stood the young and very nervous Erica Douglas telling...