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Thursday, Jan 05

Daily News poaches new CEO from NYT

Welcome to media musical chairs! First the New York Post raided Les Goodstein from the Daily News, and now the News has dipped into the New York Times' executive layer to pluck Marc Z. Kramer, now the proud new NYDN CEO.

It will be a sort of homecoming for Kramer, who was with the News from 1993 - 1998 as VP-general counsel, responsible for labor relations and labor strategy, from 1993 to 1998 (general counsel? Do we hear ANOTHER media lawyer?). In between, of course, he was at the Times as their senior VP-circulation.

Nat Ives at AdAge has the details (including how delighted Mort Zuckerman is about the hire); check it out for some more backstory. Here's his characterization of Kramer's job description: "Mr. Kramer is charged with expanding the reach and revenue of both the paper's print and online editions." No pressure there. Good luck, Marc Z. Kramer!

'DAILY NEWS' NEW CEO STEPS INTO CIRCULATION WAR [AdAge]



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