Friday, October 7, 2011

Craig Dubow steps down as Gannett CEO due to health reasons; current President, Gracia Martore, takes helm

The publisher of USA Today and other newspaper and media properties, Gannett, today announced that Craig Dubow has stepped down as chairman and CEO due to health issues.

Gracia Martore, president and chief operating officer, will assume the position of CEO. Martore joined Gannett in 1985 and said in the company's announcement that she was "incredibly excited by the opportunity".

Martore, 60, joined the company as Assistant Treasurer, later becoming Vice President in the Treasury group before being promoted to Senior Vice President of Finance. Before joining Gannett Martore worked a dozen years in the banking industry.

Dubow, 57, had previously taken a medical leave after back surgery in 2009. "I've been with Gannett for 30 amazing years," said Dubow in the company's announcement. "I am extremely proud of where we are today as a company. We have always maintained an unwavering focus on the consumer. As a result, we have evolved into a digitally led media and marketing solutions company committed to delivering trusted news and information anywhere, anytime. For me, the decision to step down was difficult, but I must now focus on my health and my family."