Get the latest business insights from Dun & Bradstreet. Little, Brown; 870 pages. At the vortex of the evening's power and prestige stood a tuxedoed man, chairman of the New York Times Company and the museum's board, a man who, for all his status, was unfamiliar to most Americans--Arthur Ochs Sulzberger, known since childhood as "Punch.". His paternal grandfather, Arthur Ochs Sulzberger, was Jewish, and the rest of his family is of Christian background (Episcopalian and Congregationalist). 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? Check out our website to get your 3-Month Emergency Food Kit and learn about our full product line of survival and preparedness gear. Where did it come from? All about the workings of this global humanitarian organization, Who owns Reuters? The New York Times Co. - Case Solution - casehero.com 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. Arthur Ochs Sulzberger, Jr., is retiring as chairman of the New York Times Co. as of the end of this year, turning control of the family-controlled company that publishes the paper over to his son. In January 2009, Slim loaned The New YorkTimes$250 million. Carlos bought a 6.4% stake in The New York Times Company; however, it wasnt enough. A.G. Sulzberger, 37, to Take Over as New York Times Publisher 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. 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. Earlier, they collaborated on a big history of another journalistic dynasty--the Binghams of Louisville. The Sulzberger family derived its name from the town of Sulzberg, near Ratisbon, in Bavaria. In 1896, Ochs became publisher of The New-York Times in a classic American way: by bluffing and by using other people's money. Unlock Case Solution. SEC filings state the trust's "primary objective" is that the Times continues "as an independent newspaper, entirely fearless, free of ulterior influence and unselfishly devoted to the public welfare". The trust is run by a committee of eight family members. What it does produce, in the case of limited, and the bubble of affluence doesnt always produce heirs with Who owns The New York Times? Everything you need to know As a publisher, he oversees the news outlet's journalism and business operations. Genealogy for Arthur Ochs Sulzberger (1926 - 2012) family tree on Geni, with over 230 million profiles of ancestors and living relatives. At the center is the legal trust that governs how the family manages its ownership. The head of the Times does not have the power to shake things up very much. Ms. Van Dyck was the chief operating officer for Reality Labs at Meta Platforms, Inc. (formerly Facebook, Inc.) from 2020 to 2022. In January 1987, Sulzberger was named assistant publisher. 97-page "innovation report" about how the Times needed to become a digital-first company. 'I figured I'd give it a year': Arthur Sulzberger Jr on how the New 'Succession': The Real Rich Media Family That - Vanity Fair NEW YORK (JTA) On Thursday, The New York Times announced that its publisher, Arthur Ochs Sulzberger Jr., 66, is stepping down at the end of the year and will be succeeded by his son,. Arthur Ochs Sulzberger, who died in 2012, identified as nominally Jewish, although not at all religious. He was much more comfortable with his Judaism than his father, wrote former Times religion reporter Ari Goldman. In this way, the position is different from that of heads of other media operations, where the founding family has given way to outside directors and has sold its stock to the public. From an early age, Sulzberger children are taught to value their role as stewards of the paper and servants to the public good. The Sulzberger and Newhouse Families | Observer The familial exchange of power wasn't unexpected. Even the central claim--that the Sulzbergers might be the country's most powerful family over the past century--is stated but never argued. So now we have a request. The teller of the tale can be more or less critical, but the basic trajectory of the story is already set along the lines of a conventional success story--precisely the kind of story that journalists are trained to doubt and dislike. He thought they needed no state or political and social institutions of their own. Nevertheless, given its owners family history, its disproportionately large Jewish readership and its frequent coverage of Jewish preoccupations, The Times is often regarded as a Jewish newspaper often disparagingly so by anti-Semites. So who are these other, potentially eccentric Sulzbergers? He has been the principal architect of the news outlet's digital transformation and has led its efforts to become a subscriber-first business. . The name of the family trust, Marujupu, is comprised of the names of the four children of the late matriarch Iphigene Ochs. A look back into the familys history shows why. its publicly known that he likes Star Trek. [2][29], On December 14, 2017, it was announced that Sulzberger would take over as publisher on January 1, 2018. To revist this article, visit My Profile, then View saved stories. SULZBERGER REALTY PTY. LTD. Company Profile | HELENSVALE, QUEENSLAND He also And with a dynamic new C.E.O. Free and open company data on New Zealand company SULZBERGER FAMILY TRUSTEE COMPANY LIMITED (company number 4114618), 3 Oakwood Drive, Highlands Park, New Plymouth, 4312. Journalist and politician Henry Jarvis Raymond and George Jones foundedThe New York Timesas theNew-York Daily Timesin September 1851. This is a remarkable family business book. We learn more, for example, about the Cohens and the Goldens and some other branches of the family than we need to. Ferdinand Sulzberger in MyHeritage family trees (N Web Site) view all 25 Immediate Family Rose Sulzberger wife Max Judah Sulzberger son Lily Marx daughter Arthur T Sulzberger son Matilda Weinberg daughter Germon Frederick Sulzberger son Nathan Sulzberger son Belle Schrag daughter Simon Sulzberger son Stella Lee Ullman wife Ferdinand B Sulzberger He also served as chairman and chief executive of The New York Times Company from 1963 until 1997, when he passed the reins to his son, the paper reported. This New Zealand Limited Company's AR application month is August. [That section indicates A.G. Sulzberger was paid $8,112,955 for his work in 2019, 2020, and 2021. Files for Divorce", The New York Times & 9/11: Arthur Ochs Sulzberger Jr. Interview (2001), https://en.wikipedia.org/w/index.php?title=Arthur_Ochs_Sulzberger_Jr.&oldid=1129708197, Tufts University School of Arts and Sciences alumni, Short description is different from Wikidata, Wikipedia pending changes protected pages, Pages using infobox person with multiple parents, Creative Commons Attribution-ShareAlike License 3.0, The New York Times Syndicate & News Service, This page was last edited on 26 December 2022, at 19:14. He was raised in his mother's Episcopalian faith; however, he no longer observes any religion.[5]. How old is Arthur Ochs Sulzberger Jr.? Click the link in that email to complete registration so you can comment. The younger Sulzberger is the sixth member of the Ochs Sulzberger clan to serve as publisher of the prominent New York newspaper. Among the witnesses was Arthur's father,. But in the early decades of the twentieth century, the Times was struggling. And if the Pierces are anything like the Sulzbergers, then theres plenty of material for the Succession writers to work with. In a 2001 article for The Times, former Executive Editor Max Frankel wrote that the paper, like many other media outlets at the time, fell in line with US government policy that downplayed the plight of Jewish victims and refugees, but that the views of the publisher also played a significant role. Nevertheless, the critics havent affected its membership, with more people globally subscribing to the paper. Their secrecy is a result of intensive training on the weight and responsibility of what it means to be part of this particular family. 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. Sulzberger graduated from the Browning School in New York City. [3] He is a grandson of Arthur Hays Sulzberger and great-grandson of Adolph Ochs. 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. [4], After being encouraged by Brown journalism professor Tracy Breton to apply,[5] he interned at The Providence Journal from 2004 to 2006, working from the paper's office in Wakefield. 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. For most of the twentieth century, the Times and the Sulzbergers have been dealing with the transfer of power--fretting over it, speculating about it, handicapping it, and sometimes campaigning for it. 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. A move to support Democrat Grover Cleveland in his first presidential campaign lost the paper a significant chunk of Republican readers, leading to a loss of revenue. Arthur Gregg Sulzberger (born August 5, 1980) is an American journalist serving as chairman of The New York Times Company and publisher of its flagship newspaper, The New York Times . Arthur Ochs Sulzberger Jr. was raised in his mothers Episcopalian faith and later stopped practicing religion. By the end of the book, he looms even larger than the founder, and he dwarfs Arthur, Jr. As publisher, chairman, and CEO, Punch was selected by a self-perpetuating, private, secretive body. 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. But the authors are not inclined to criticize the paper on other matters, such as its failure to report on some of the early scandals of the Reagan era or its obsessive focus on Clinton's Whitewater affair. Schell continued: My question is, really, I mean, the New York Times is governed and held in a very unique way in corporate America. In 1891 there were 5 Sulzberger families living in London. 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. Thats because unlike the Hiltons, Trumps, Kennedys, Murdochs, Hearsts, Redstones, Kochs, and other moneyed families whose antics often land them in the tabloids, the Sulzbergers have studiously and steadfastly avoided public scrutiny. Arthur Ochs "Pinch" Sulzberger Jr. (born September 22, 1951) is an American . It always felt different from Virginias local dailies, she said. 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. Its been around for two decades shy of two centuries, winning more Pulitzer Prizes of any newspaper. Born: 1921. We continue to explore other financing initiatives and are focused on reducing our total debt through the cash we generate from our businesses and other decisive steps.. Once registered, youll receive our Daily Edition email for free. Golden, is an economist seeking a Ph.D. at the University of Chicago. In September 1857, the paper becameThe New-York Times(the hyphen dropped in 1896). My name became public 25 years ago this week. This polarization of political views could have many effects on the politics of the nation - both in the upcoming (2016) presidential election and societal developments in the future. He committed to holding the Times "to the highest standards of independence, rigor, and fairness".[31]. Granted, the Times presents challenges to any author. Well theres David Perpich, nephew to Sulzberger Jr., who helped run a DJ-training school called Scratch DJ Academy. 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. In their big, admiring new book The Trust, which is certain to stand as the definitive work on the subject for a good long while, they provide ample evidence for their claim. A.G. Sulzberger Wiki, Age, Wife, Family, Height, Net Worth, Salary We learn about the paper's metropolitan coverage or its foreign reporting, for example, only when a family member takes a turn at it. DAVID GREENE, HOST: One family has owned and operated The New York Times since 1896. (photo credit: book cover), This March 2, 1973 file photo shows New York Times publisher Arthur Ochs Sulzberger in his office in New York. It enjoyed early success because it targeted an intellectual readership. This collection does not contain images used to illustrate stories in the paper. Tifft and Jones are former journalists--she with Time magazine and he with the Times itself, where he covered the news industry and won a Pulitzer Prize. Bay Harbor Islands Law Firm, Law Office of Sulzberger & Sulzberger | Home Even the Bancroft familywhich sold the Wall Street Journal off to Rupert Murdoch in 2007was known to consist of some restless socialites and horse enthusiasts whose hobbies required access to substantial funds, as New York magazine put it in 2008. On this Wikipedia the language links are at the top of the page across from the article title. Digging into the history of many Arthur Sulzbergers running the New York Times, Schell began: You said the difference was that they [the North Korean Kim dynasty] were only two generations, and your family was four. Arthur jokingly cut in: I dont like where this is going one damn bit! George Jones took over as publisher after Henry Raymonds death in 1869. Per a 1986 agreement, any Class B shares sold outside the family would be automatically converted to Class A shares. Journalistically, the family's greatest sin occurred during the Holocaust, when the Times went so far to avoid pleading on behalf of Europe's Jewish population that in one of its wartime stories, it reported that Hitler had killed nearly 400,000 "Europeans," but did not use the word "Jew" until the seventh paragraph. Born: 27 Dec 1923, New York, NY. Arthur oversaw significant changes in the company, including the move from black and white to color and subsequent transformation into a digital publication. 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. He is of German ancestry. We all have more of a stake in what The New York Times does than in what a potato chip manufacturer does. The current chairperson, A.G. Sulzberger, took over from his father, Arthur Ochs Sulzberger Jr., in early 2021. The Sulzberger family ownsThe New York Timesthrough The New York Times Company. Pitbull is a pal, Carbone is for dinner, and, Palace Insiders Say Prince William Is Already Furious About Prince Harrys Memoir Leaks, Prince Harry alleges Prince William attacked him over Meghan Markle in a new excerpt from, Prince Harry on Williams Hairline and Their Wicked Stepmother. But at other times, the approach has its drawbacks. Sulzberger and his first cousin, Vice Chairman Michael Golden, ousted Robinson from her job last month, according to the report, citing a person familiar with the situation. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community. Various Sulzbergers have left their mark, literally, on the world. Today the familys Jewish ties are less apparent than they were in the past. The New York Times now runs primarily via a subscription-based model, where digital subscriptions contributed over $426 . I know A. G. will not rest in his drive to empower our journalists and expand the scope of The Timess ambitions,Arthur said. 2023 Cond Nast. Ochs-Sulzberger family - EverybodyWiki Bios & Wiki He was unafraid to take risks and make big bets from taking The Times global to introducing the digital pay model and he did it all while never veering from his commitment to continual investment in Times journalism in order to keep it strong and independent,Brian McAndrews, a company executive said. When Elisabeth Finch met Jennifer Beyer in 2019, the two women forged a fiercely loyal friendship, and eventually got married. Sulzberger met with President Donald Trump at the White House on July 20, 2018. A. G. Sulzberger | The New York Times Company Don't overpay for pet insurance. But as fun and fascinating as some of these extra-credit Sulzbergers may be, its very likely that it was Sulzberger Jr. himself who inspired Armstrong to dig into this other brand of New York dynastic power. Despite running the paper of record for over a century, the Sulzbergers (or Ochs-Sulzbergers, as theyre sometimes called) arent quite a household name outside New York media and certain social circles. Sulzberger family | definition of Sulzberger family by Medical dictionary The New York Times Company announced on Wednesday that Arthur O. Sulzberger Jr. will retire as the chairman and as an active member of its board of directors on Dec. 31, completing a. Looming at one end of that shelf is the standard-setting Kingdom and the Power by Gay Talese, flanked by the memoirs of such Times authors as Scotty Reston, Russell Baker, and Max Frankel. Reuters commitment to independence threatened its merger with Thomson, Who owns BBC? The Sulzbergers: Inside The Family That Controls The New York Times But in the end, I love the place, and I love the mission.In two years, Meredith earned a promotion to chief revenue officer and executive vice president. And Arthur Sulzberger Jr. owns 1.8% of Class A stocks and 92.2% of Class B stocks. 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.. A.G. Sulzberger, the new deputy publisher . [2][3] At Brown, Sulzberger worked briefly for The Brown Daily Herald as a Contributing Writer. Sulzberger introduced Gonzalez to colleagues at the paper and to members of the Ochs-Sulzberger family, which controls the New York Times Company. Thread by @SamoBurja on Thread Reader App - Thread Reader App Sulzberger played a central role in the development of the Times Square Business Improvement District, officially launched in January 1992, serving as the first chairman of that civic organization. According to a 2008 report in New York magazine, that training begins at a very young age: [The] clan starts going to family meetings when theyre 10 years old and by 15 they understand their roles as caretakers of the New York Times. Various Sulzbergers have left their mark, literally, on the world. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. Arthur Gregg Sulzberger, son of the current publisher, helped put together the internal Innovation Report, which outlined the challenges facing the paper. Learn how to leverage transparent company data at scale. That circumstance made them "arguably the most powerful blood-related dynasty in twentieth-century America," in the opinion of the family's latest historian-biographers Susan E. Tifft and Alex S. Jones. Sulzberger is a 1985 graduate of the Harvard Business School's program for management development. As Ochs aged, the patriarch began to face up to the issue of succession. Married to Matthew ROSENSCHEIN, Jr. 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. 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 . . The maternal side of his family reportedly owned slaves and participated in the Civil War. local paper.) It can be intimidating company. in a band called the Mysterious Case of Jake Barnes with cousin Dave [25] In 2018, he married Molly Messick.[5]. Both the Sulzberger and Graham families, which own controlling interests in their companies, have safeguarded quality journalism with the dynastic succession. Rebecca Van Dyck has served as a member of the Board of Directors of The New York Times Company since 2015. Unlike other news outlets, we havent put up a paywall. Hostile place (1) Entertainer Kazan (1) Saintly aura (1) Dictionary label (1) Charity event (5) 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. NYT's Sulzberger Jr to retire as chairman by end of December 12 'Nepo Babies' of Big Business Helped by Family Connections Sulzberger . The Open Database Of The Corporate World. [6] Despite threats from the club to withdraw their advertising if the story ran, the Journal published Sulzberger's story. However, his reign as owner almost sankThe New York Times. 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. As family members, they hold the bulk of the company's Class B voting stock, which allows them to control its board of directors. The broadcaster faces an uncertain future, Who owns Nespresso? "[41] In 2020, Sulzberger voiced concern about the disappearance of local news, saying that "if we don't find a path forward" for local journalism, "I believe we'll continue to watch society grow more polarized, less empathetic, more easily manipulated by powerful interests and more untethered from the truth. Meet the brand-new players on the board this season. Who Owns The New York Times? - FourWeekMBA teachers, and even a fashion stylist. "[36][37][38] Sulzberger met with President Trump in the Oval Office again on January 31, 2019, for an on-the-record interview with Times reporters Peter Baker and Maggie Haberman. ger ( slz'brg-r ), Marion B., U.S. dermatologist, 1895-1983. In search of profit, Willes forced The Los Angeles Times's newsroom to play ball with the newspaper's business office, which resulted recently in an embarrassing joint venture with a local arena--precisely the kind of thing the Sulzbergers are raised to avoid. Arthur Sulzberger handed the reins of The New York Times Company to his son Arthur Gregg Sulzberger on Thursday -- a long-expected moment of generational change for the family-controlled newspaper. Indeed, A. G. Sulzberger owns a 1.3% of Class A stocks and 92% of Class B stocks. Who owns The New York Times? - Quora New York Times. 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. He and his wife, Gail Gregg, were married by a Presbyterian minister. Keep Your Family Fed and Safe in a Crisis and Get $200 in Free Survival [32] Sulzberger has been the principal architect of the news outlet's digital transformation and has led its efforts to become a subscriber-first business. Meredith Kopit Levien grew up in Richmond, Virginia, where she occasionally read The New YorkTimescourtesy of her New Yorker parents. Meet the Sulzberger Crime Family - The Real History Channel They are a tough crowd when it comes to a story with a happy ending. Tell us a little bit about that, and what effect you think it has on how this great paper can comport itself in the world. Sulzberger, trained since childhood for this job, swiftly deflected: Theres a lot behind that question. Jyoti Mann Big business "nepo babies" include, clockwise from top left, Delphine Arnault, David Lauren, Lachlan Murdoch, Shari Redstone, Eric Trump, and Donald Trump Jr. GETTY IMAGES A "nepo baby,". In his 2009 piece on Sulzberger Jr. titled The Inheritance, Vanity Fair contributor Mark Bowden described the then-leader of the New York Times and heirs like him thusly: Even in middle age he seems costumed, a pretender draped in oversize clothes, a boy who has raided his fathers closet. Sounds a lot like Kendall Roy, too, if you ask me.