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Tag Archives: bankruptcy

Mary Junck gets $500,000 bonus

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...

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Lee Enterprises & bankruptcy: What are the odds?

By Jim Gallagher, Treasurer United Media Guild Lee Enterprises is struggling to refinance its debt, and that has implications for our jobs at the Post-Dispatch.   The Guild will vigorously defend  its members’ interest in this matter.  Members have been asking...

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Lee pushing to avoid bankruptcy

The Wall Street Journal is reporting that Lee Enterprises is in the process of trying to cut a deal a with it's creditors to avoid bankruptcy. Read the full article here http://t.co/P9xjjZo The Guild is closely watching developments.

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