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Posts Tagged ‘William Hearst III’

Mitchell Scherzer Named Trustee of Hearst Family Trust

Mitchell Scherzer GMitchell Scherzer, currently senior vice president and chief financial officer of Hearst Corporation, has been elected a trustee of the Hearst Family Trust. The trustees have a variety of duties, including electing the corporation’s board of directors.

The trustees of the the Hearst Family Trust now include Scherzer, James Asher, David Barrett, Anissa Balson, Frank Bennack, John Conomikes, Lisa Hearst Hagerman, George Hearst III, William Hearst III, Gilbert Maurer, Mark Miller, Virginia Hearst Randt and Steven Swartz.

The Hearst Family Trust, established under the will of William Randolph Hearst, owns Hearst Corporation.

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William Hearst Named Chairman of Hearst Corporation

William Hearst III has been named the new chairman of Hearst Corporation. Hearst has been a director of the company for over 30 years and is a trustee of the Hearst Family Trust. Hearst succeeds the late George Hearst Jr. as chairman.

“Will has been involved in the activities of Hearst Corporation for decades,” said Frank Bennack, CEO of Hearst, in a statement. “He is a respected media leader, having honed his skills as a newspaper publisher, magazine editor and cable executive. His support and vision as chairman will be invaluable to Hearst moving forward.”

In related company news, the following were named to the board of directors:

  • Mark Aldam, president of Hearst Newspapers
  • Eve Burton, senior vice president and general counsel of Hearst Corporation
  • Mitchell Scherzer, senior vice president and CFO of Hearst Corporation
  • Samia Staehle, an attorney and great-granddaughter of William Randolph Hearst
  • Christian Tarafa, former longtime executive at Hearst Magazines UK and great-grandson of William Randolph Hearst.