A.G. praised Arthurs impact extensively after he announced his retirement:Our success today is directly attributable to his singular focus on the long term, his embrace of innovation and his sustained investment in quality, original journalism.. And with a dynamic new C.E.O. Click the link in that email to complete registration so you can comment. It's an American ideal. In these capacities, Sulzberger was involved in planning the Times's automated color printing and distribution facilities in Edison, New Jersey, and at College Point, Queens, New York, as well as the creation of the six-section color newspaper. 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. Sulzberger was a reporter with the Raleigh Times in North Carolina from 1974 to 1976, and a London Correspondent for the Associated Press in the United Kingdom from 1976 to 1978. 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. Sulzberger Jr. bought an Upper West Side penthouse for $4 million in 2011. If A.G retires at the same age as his father, he will remain chairman of The New York Times Company for the next three decades. See "Compensation of Executive Officers" for a description of his compensation. [33] He became publisher on January 1, 2018,[34] succeeding his father Arthur Ochs Sulzberger Jr.,[25] although the elder Sulzberger remained chairman of The New York Times Company until the end of 2020. 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. The New York Times has appointed Arthur Gregg Sulzberger deputy publisher, putting the 36-year-old in line to succeed his father, Arthur Sulzberger Jr, as publisher and chairman of the newspaper. integrity of lighthouses, according to a long letter she wrote to a This infusion of great actors, alone, is fantastic news for such a masculine-power-heavy show. Sulzberger Family Trustee Company Limited has been running for 9 years 7 months, and 28 days. flexes his editorial muscle on his Facebook page: Alex Thinks Sarah Im sure we should exercise the option, but we look at it like a financial investment that has been very good., Then chief executive Mark Thompson said repurchasing of the shares was the best option for Carlos:We believe it is in the best interests of the company to continue to maintain a conservative balance sheet, and a prudent view on the allocation of free cash flow and this one-off repurchase program should not be viewed as a change of position about our capital allocation plans., Read Next: Who owns Reuters? Genealogy for Arthur Ochs Sulzberger (1926 - 2012) family tree on Geni, with over 230 million profiles of ancestors and living relatives. As a multi-generational Jewish crime family, the Sulzbergers rank second (albeit a distant second) only to The Rothschilds -- whose ultra-patriarch, Meyer Amschel Rothschild, first made his mark about 250 years ago, and whose direct male descendants still wield enormous power to this day. "[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. Ben Dolnick, the 26-year-old son of Lynn Dolnick, Michael Goldens 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. Sulzberger met with President Donald Trump at the White House on July 20, 2018. He became the publisher of The New York Times in 1992, and chairman of The New York Times Company in 1997, succeeding his father, Arthur Ochs Sulzberger. By the end of the book, he looms even larger than the founder, and he dwarfs Arthur, Jr. He has been the principal architect of the news outlet's digital transformation and has led its efforts to become a subscriber-first business. But Arthur Ochs Sulzberger Jr. still had some connections to his Jewish background. I warned that this inflammatory language is contributing to a rise in threats against journalists and will lead to violence. ", "The New York Times Company Biography for A.G. Sulzberger", "Gabrielle Greene and Arthur Sulzberger Jr. Sulzberger was born in Mount Kisco, New York, one of two children of Barbara Winslow (ne Grant) and Arthur Ochs "Punch" Sulzberger Sr.[2] His sister is Karen Alden Sulzberger, who is married to author Eric Lax. For comparison's stake, the entire Ochs-Sulzberger family, including the newspaper's publisher, Arthur Ochs Sulzberger Jr., and all the trusts he and his cousins control, own a stake amounting to a mere 11 percent, according to the proxy statement. But at other times, the approach has its drawbacks. The publishers promised to be non-partisan and dedicated to the reform or extermination of the evils in society. Already a member? But in the early decades of the twentieth century, the Times was struggling. The younger Sulzberger is the sixth member of the Ochs Sulzberger clan to serve as publisher of the prominent New York newspaper. 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. George Jones took over as publisher after Henry Raymonds death in 1869. The Panic of 1893 hit the paper hard, and by 1896, The New York Timeshad less than 10,000 readers and was losing $1,000 a day. citing his family. For me, fashion is life, and life is art, she writes on her Arthur Hays Sulzberger had experienced anti-Semitism, and he was worried about his paper being perceived as too Jewish, Laurel Leff wrote in her 2005 book Buried by the Times: The Holocaust and Americas Most Important Newspaper.. If family ownership has been central to the Times's success in its first 100 years, does it follow that family control will provide a kind of strength and stability that conventional corporate ownership would not? However, by the time George Jones passed in 1891, The New YorkTimeshad recovered its readership and revenue. Married to Ben Hale GOLDEN. Their secrecy is a result of intensive training on the weight and responsibility of what it means to be part of this particular family. Schedule a free consultation at our Bay Harbor Islands office by calling (305) 865-8631 or by contacting us online. But here is why the Sulzbergers and their ilk also make perfect fodder for Succession season twos rival clan. 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? The most famous member of the family outside of media is a cousin, Arthur Golden, who wrote the best-selling novel Memoirs of a Geisha. I know A. G. will not rest in his drive to empower our journalists and expand the scope of The Timess ambitions,Arthur said. On the opposite coast, The Los Angeles Times provides a cautionary tale: When the Chandler family dropped its active running of the paper, they turned to the cereal maker Mark Willes from General Mills, whose only prior involvement with the newspaper business was as a reader. R. Anthony Benten, Sr. VP, Treasurer & Chief Accounting Officer Robert Denham, Independent Director Doreen Toben, Independent Director Brian McAndrews, Presiding Independent Director Rachel Glaser, Independent Director John Rogers, Independent Director A.G. Sulzberger is chairman of The New York Times Company and publisher of The New York Times. Among the witnesses was Arthur's father,. The authors keep a consistent focus on the family. Quinn-Hopping Funeral Home 145 E. Mt. To revist this article, visit My Profile, then View saved stories. Park Bo-gum was born on June 16, 1993. They are a tough crowd when it comes to a story with a happy ending. Find company research, competitor information, contact details & financial data for SULZBERGER REALTY PTY. click the link in that email to complete your registration. Check this off your list and sleep better at night knowing your family won't suffer when disaster strikes. In assessing the performance of the Sulzbergers' newspaper, the authors frequently pull their punches. I feel weve achieved everything we had hoped to achieve,Thompson said. By registering you agree to the terms and conditions. He is of German ancestry. 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. [22][23] In October 2016, he was named deputy publisher, putting him in line to succeed his father as publisher. [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. The Sulzberger family: A complicated Jewish legacy at the New York Times. Counsel & Corp. Sec. 15 million digital subscribers is a wildly ambitious target, which the paper might achieve if Donald Trump becomes president again. 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 if you dont be a little more careful, I may nuke you!. 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. Even the central claim--that the Sulzbergers might be the country's most powerful family over the past century--is stated but never argued. Ad Choices. He is a fifth-generation descendant of Adolph S. Ochs, who bought the newspaper in 1896 as it was facing bankruptcy. Rupert Murdoch Knees Trump in the Balls While Hes Doubled Over Coughing Up Blood, Scene Stealer: The True Lies of Elisabeth Finch, Part 1, Inside the New Right, Where Peter Thiel Is Placing His Biggest Bets. teachers, and even a fashion stylist. The New York Times repaid his loan in 2011 but allowed Carlos to purchase shares via warrants expiring in January 2015. The Sulzbergers operate the Times under a family trust designed to prevent individual heirs from selling out. 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. Sulzberger was born in Mount Kisco, New York, the son of Barbara Winslow (ne Grant) and Arthur Ochs "Punch" Sulzberger Sr., the grandson of Arthur Hays Sulzberger, and the great-grandson Adolph Ochs. [19], Sulzberger was named associate editor for newsroom strategy in August 2015. Contact a reliable trusts and estates attorney in the Miami-Dade area. Arthur Ochs Sulzberger, 86, the former publisher who led The New York Times to new levels of influence, profit, and liberal politics died Saturday at his home in Southampton, N.Y., after a long bout with Parkinson's disease, his family announced. Reuters commitment to independence threatened its merger with Thomson, Who owns BBC? 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 1987, Sulzberger was named assistant publisher. Law Office of Sulzberger & Sulzberger is ready to help you with all of your estate planning, estate and trust administration and wealth transfer matters. London had the highest population of Sulzberger families in 1891. Meredith Kopit Levien grew up in Richmond, Virginia, where she occasionally read The New YorkTimescourtesy of her New Yorker parents. The option is a lower price,Carlos told Reuters. Let My Patriot Supply help you prepare for the worst. NEW YORK CITY The children of the late New York Times publisher Arthur Ochs Sulzberger are moving quickly to sell stock he held in the Gray Lady's parent company, his will reveals.. Sulzberger . Today, the Ochs-Sulzberger family, through several trusts, notably the Ochs-Sulzberger Trust, controls about 91 percent of the stock that elects 70 percent of the company's board members. The owners drew criticism for the way the paper covered Jewish affairs, particularly the Holocaust. His length of term was indeterminate, and the grounds and method of his removal were ambiguous. 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. 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. Copyright 2023 | The American Prospect, Inc. | All Rights Reserved, The Alt-Labor Chronicles: Americas Worker Centers, The Trust: The Private and Powerful Family Behind The New York Times. Arthur Ochs Sulzberger was born February 5, 1926, in the city of New York. The Ochs-Sulzberger family's reported connection to slavery and the Confederacy is linked to Adolph Ochs and his mother Bertha Levy Ochs, according to the New York Post. [4], Sulzberger's parents divorced when he was five years old. 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,. Had NYT highlighted Nazi horrors, US 'might have awakened', Were really pleased that youve read, Please use the following structure: example@domain.com, Send me The Times of Israel Daily Edition. 97-page "innovation report" about how the Times needed to become a digital-first company. It enjoyed early success because it targeted an intellectual readership. [35] A.G. Sulzberger became the chairman of The New York Times Company on January 1, 2021. In lieu of flowers, contributions, in Carl L. Sulzberger's memory, may be made to The Parkinson's Foundation, (200 SE 1st Street, Suite 800, Miami, Florida 33131) or to a charity of your choice. On this Wikipedia the language links are at the top of the page across from the article title. The Sulzberger family ownsThe New York Timesthrough The New York Times Company. 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. 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. In 1861, it started publishing a Sunday edition to give daily updates on the Civil War. Sign in to stop seeing this, Sara Netanyahu accosted by protesters at Tel Aviv hair salon, extricated by police, Brides joy turns to sorrow after Elan Ganeles killed driving to her wedding, Hiker discovers 2,500-year-old ancient receipt from reign of Purim kings father, Netanyahu compares Tel Aviv protesters to settlers who set fire to Huwara. A.G. Sulzberger, a fifth-generation member of the Sulzberger family, had worked as a reporter at The Providence Journal and The . ger ( slz'brg-r ), Marion B., U.S. dermatologist, 1895-1983. The real change agents in American journalism are usually people like the self-titled SOB Allen Neuharth of Gannett, the founder of USA TODAY, who are not even trying to uphold the standards embraced by the Times. (His nickname, Pinch, is a diminutive of the nickname of his father and predecessor, Arthur Ochs Punch Sulzberger Sr.). A.G. Sulzberger is part of a generation at the paper that includes his cousins Sam Dolnick, who oversees digital and mobile initiatives, and David Perpich, a senior executive who heads its Wirecutter product review site. Or, if you prefer, you can just keep tuning in to Succession and keep up with their fictional counterparts: the Pierces. The voyage had taken 80 days and there were many other German families to keep them company on the voyage 168 Germans all told - including the Erb, Kelb and Dornauf . Ochs himself turned the struggling New York Times into the gold. The trust is run by a committee of eight family members. Learn how to leverage transparent company data at scale. This was about 45% of all the recorded Sulzberger's in the UK. Journalistically, the position is almost papal, in the sense that the best its holder can hope to do is to keep the institution going. 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. 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 proverbial fire in the belly. 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. There are obvious comparisons to be made to the Rockefellers or the Kennedys in the dynasty field, but the authors never get there. Journalist and politician Henry Jarvis Raymond and George Jones foundedThe New York Timesas theNew-York Daily Timesin September 1851. Sulzberger moved The New York Timesto the internet in 1996. Oh, plenty. Theyre not QAnon. With his arrival in the narrative, the authors of The Trust develop two of their major themes--the recurring crisis over finding a male family member to run the company and the sporadic significance of the family's Jewishness. Sometimes that focus sheds light on how decisions are really made at the top. Sulzberger joined The New York Times in 1978 as a correspondent in the Washington, D.C. bureau. The paper sold for a penny. The Sulzberger family name was found in the USA, the UK, and Scotland between 1880 and 1920. 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. Another problem stems from the fact that any book about the Times will certainly be read by journalists and reviewed by journalists. Slims loan gave the company time to craft a revival strategy: it integrated digital and print newsrooms, sold the Boston Globe, implemented aggressive marketing campaigns, and created a working digital business model. 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. Rebecca Van Dyck has served as a member of the Board of Directors of The New York Times Company since 2015. Restrictions apply. More seriously, the attention to the family makes this an uneven book as an institutional history of the Times. From an early age, Sulzberger children are taught to value their role as stewards of the paper and servants to the public good. . She could, however, supply a successor by marrying one, and she found Arthur Hays Sulzberger, a businessman whose Jewish ancestors had settled in New York in the eighteenth century. Everything you need to know about the high-end coffee company. Thank you, David Horovitz, Founding Editor of The Times of Israel, 2023 The Times of Israel , All Rights Reserved, Arthur Ochs Sulzberger Jr. speaking at The New York Times New Work Summit in Half Moon Bay, California, February 29, 2016. If they werent members of the Ochs/Sulzberger family, our competitors would be bombarding them with job offers, he said. It was a long, slow climb to success. As a publisher, he oversees the news outlet's journalism and business operations. We all have more of a stake in what The New York Times does than in what a potato chip manufacturer does. Family. He and his wife, Gail Gregg, were married by a Presbyterian minister. Newhouse family - Forbes Arthur Ochs Sulzberger, Jr.'s Net Worth Probably, 2020 is the busiest year for Arthur Ochs Sulzberger, Jr.. The NYT scion, 69, reportedly worth around $16 million, filed for . Armstrongs long road to showrunner began with a film script he wrote more than a decade ago called Murdoch, and it was the tabloid-friendly, nouveau riche families like the Murdochs, the Trumps, and the Redstones that inspired Successions clan of striving and conniving Roys. And that family history lives on. The Times was also quite conservative--both in its editorials and in its look. Nevertheless, the critics havent affected its membership, with more people globally subscribing to the paper. In 2015, Carlos exercised warrants that gave him a nearly 17% stake in the company. During Punch's 34-year tenure, there were eight different presidents of the United States, from Kennedy to Clinton, as well as hundreds of members of the House and Senate who came and went. He was the youngest of four children and was affectionately called "Punch" by family and friends, having . Once registered, youll receive our Daily Edition email for free. Registering also lets you comment on articles and helps us improve your experience. It describes in great detail the story of the Ochs/Sulzberger clan and their 4 generations of ownership of what we now know as The New York Times. Diane Baker, a former chief financial officer of the New York Times Company, described him as having the personality of a 24-year-old geek, and (gasp!) 20% of the New York Times Co. (NYT) is owned by the Sulzberger family. Well theres David Perpich, nephew to Sulzberger Jr., who helped run a DJ-training school called Scratch DJ Academy. But as Beyer would soon realize, Finchs past wasnt what she claimedand Beyers own difficult history was up for the taking. How intimacy coordinators are changing Hollywood sex scenes The Crowns Helena Bonham Carter on her scary encounter with Princess Margaret The Trump-baiting Anthony Scaramucci interview that roiled the president What happens when you try to be the next Game of Thrones Why are teens flocking to Jake Gyllenhaals Broadway show? From the Archive: Keanu Reeves, young and restless. [18][19] The couple have two children: a son, Arthur Gregg Sulzberger, and a daughter, Annie Sulzberger. Arthur Ochs "Pinch" Sulzberger Jr. (born September 22, 1951) is an American . The New York Times Company records. by his grandmother, Ruth Holmberg. At today's prices, that's worth about $344 million. 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 . Born: 1921. Not surprisingly, neither Sulzberger nor the family members on the board were interested in ceding control of the company. At the center is the legal trust that governs how the family manages its ownership. In high school he went on a trip to Israel that left him slightly intrigued by his background, Jones and Tifft wrote. But the Sulzbergers, with their unprecedented run of media power and high-minded ideals about their own legacy, seem to be the real persons of interest to Armstrong and his Succession writers. We learn about the paper's metropolitan coverage or its foreign reporting, for example, only when a family member takes a turn at it.