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New York Times Names Ito, McAndrews to Board

By Nathalie Tadena The New York Times Co. (NYT) has named Joi Ito and Brian McAndrews to its board, bringing on two new directors with digital and venture-capital experience. Mr. Ito, 46, is the founder and chief executive of venture-capital firm Neoteny Co. and general manager of Neoteny Labs, an early-stage investment fund focusing on Asia and the Middle East. He is also the chairman and former chief executive of nonprofit Creative Commons and is the director of the Media Lab at the Massachusetts Institute of Technology. He was an early investor in online companies such as Flickr, Kickstarter and Twitter. Mr. McAndrews, 53, is a venture partner with Madrona Venture Group LLC, a venture-capital firm that funds technology companies. He previously was a senior vice president at Microsoft Corp. (MSFT) as well as the president and chief executive of digital-marketing company aQuantive Inc., which Microsoft acquired in 2007. He also has held several positions at Walt Disney Co.'s (DIS) ABC Inc., including executive vice president and general manager of ABC Sports. New York Times, which also owns the Boston Globe, has remained mostly profitable in recent quarters as cost-cutting efforts and digital subscriptions helped offset persistent declines in advertising revenue. The company hasn't yet named a new chief executive after Janet Robinson, its former CEO, was forced out in December. In April, New York Times reported sharply higher first-quarter profits, thanks to the sale of some local newspapers and the addition of more online subscribers. Shares were off 0.4% to $6.81 after hours. The stock is off 12% since the start of the year. Write to Nathalie Tadena at [email protected]

Stock News for Walt Disney (DIS)
DateTimeHeadline
03/24/201703:02:00Disney Gives CEO More Time On the Job -- WSJ
03/23/201716:57:00Disney Extends CEO Robert Iger's Tenure to 2019 -- 4th Update
03/23/201715:10:00Disney Extends CEO Robert Iger's Tenure to 2019 -- 3rd Update
03/23/201713:40:00Disney Extends CEO Robert Iger's Tenure to 2019 -- 2nd Update
03/23/201712:24:00Disney Extends CEO Robert Iger's Tenure to 2019 -- Update
03/23/201712:14:00Disney Extends CEO Iger's Tenure to 2019
03/23/201711:03:50Current Report Filing (8-k)
03/23/201711:00:00The Walt Disney Company Board of Directors Extends Robert A...
03/22/201709:29:00Former Disney Executive to Launch Kids' Digital Content Competitor
03/21/201720:00:00D23 Expo Disney Fan Event to Be Held in Japan in 2018
03/21/201714:00:00The Walt Disney Company Executives to Discuss Fiscal Second Quarter...
03/20/201706:02:00Taptica Fiscal Year Pretax Profit Rises, Sees Strong 2017--Update
03/15/201703:02:00Pink Slime' Case Heads to Trial -- WSJ
03/14/201715:27:00ABC to Face South Dakota Jury Over 'Pink Slime' Story -- Update
03/13/201717:03:31Current Report Filing (8-k)
03/08/201714:00:00Shareholders Re-Elect 11 Directors at The Walt Disney Company...
03/03/201716:39:45Current Report Filing (8-k)
03/03/201715:42:17Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
03/01/201717:29:21Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
03/01/201717:28:59Free Writing Prospectus - Filing Under Securities Act Rules 163/433...

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