Gannett Board Elects New Director
McLEAN, VA – Duncan M. McFarland, retired Chairman and Chief Executive Officer of Wellington Management Company, LLP, has been elected to the Board of Directors of Gannett Co., Inc. (NYSE: GCI), the company announced today.
“Duncan is highly respected in the world of business and finance, so we are extremely pleased that he chose to join Gannett’s Board after his outstanding career at Wellington,” said Douglas H. McCorkindale, Gannett Chairman, President and CEO. “His character and his knowledge will be strong assets to Gannett.”
McFarland, 60, joined Wellington Management Company after graduating cum laude from Yale University with a B.A. in economics in 1965. During his career, he held positions with the firm including vice president, senior vice president and managing partner before becoming CEO in 1994. He retired as chairman and CEO at the end of June 2004. He is a trustee of the Financial Accounting Foundation.
With McFarland’s election, Gannett has nine directors. His term begins today.
Gannett Co., Inc. is a leading international news and information company that publishes 101 daily newspapers in the USA, including USA TODAY, the nation’s largest-selling daily newspaper. The company also owns more than 500 non-daily publications in the USA and USA WEEKEND, a weekly newspaper magazine. Gannett subsidiary Newsquest is the United Kingdom’s second largest regional newspaper company. Newsquest publishes more than 300 titles, including 17 daily newspapers, and a network of prize-winning Web sites. Gannett also operates 22 television stations in the United States and is an Internet leader with sites sponsored by its TV stations and newspapers including USATODAY.com, one of the most popular news sites on the Web.
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