Tag Archives: bankruptcy
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...
Lee Enterprises & bankruptcy: What are the odds?
September 21, 2011
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...
Lee pushing to avoid bankruptcy
August 11, 2011
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.