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...
Post-Dispatch carpenter protests Mary Junck’s bonus
April 25, 2014
Lee Enterprises CEO Mary Junck earned a $700,000 bonus even though her company is still recovering from its pre-packaged bankruptcy. A big chunk of the company's workforce exited in layoffs in recent years. Many surviving employees suffered pay cuts, unpaid...
Lee Enterprises eyes digital growth, refinancing
February 20, 2014
Lee Enterprises faces two critical near-term challenges: Building digital revenues to offset the decline in print revenue and restructuring the rest of its debt. Lee chairman and CEO Mary Junck offered brief overview of the company's strategies during Lee's annual...
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,...
Lee Enterprises rewards top executives as revenues shrink
December 4, 2013
Media blogger Jim Romenesko passed along this item that should warm the hearts of Guild members who suffered financial hardship through wage cuts and multiple furloughs: On November 11, St. Louis Post-Dispatch parent Lee Enterprises reported a $1.71 per share...
Rumor Control (STL Post Dispatch Unit)
November 15, 2013
There's a rumor circulating that Lee plans to cut pension benefits. Retirees are calling the Guild to ask about it. Here's the truth: Lee can't cut our pension benefits. That would be illegal. Even if Lee goes broke, we won't...
Post-Dispatch business writer Jim Gallagher weighs in on the announced changes to Lee’s 401-K
August 30, 2013
Fellow Guild members and Lee employees: The Guild has been getting a lot of questions from members about changes to our Lee 401(k) plan. I write our Sunday personal finance column at the Post-Dispatch, so I thought I might share...
Facts about retiree settlement checks
October 11, 2012
Please note that your settlement check envelope, which should be arriving any minute, looks EXACTLY like your pension check stub envelope. DON'T THROW IT AWAY - there's a check inside! Also, contrary to what we had been told,...