Journal Register Company Announces Executive Promotions of Scott A. Wright and Julie A. Beck
Journal Register Company Announces Executive Promotions of Scott A. Wright and Julie A. Beck
Sep. 17, 2007 09:23 PM
YARDLEY, PA -- (MARKET WIRE) -- 09/17/07 -- Journal Register Company (NYSE: JRC) today
announced the promotions of Scott A. Wright to the position of President
and Chief Operating Officer, and Julie A. Beck to Executive Vice President
and Chief Financial Officer, each effective October 1, 2007.
In his new position, Mr. Wright will take on the role of managing the day
to day operations for all six of the Company's clusters. Located in the
Corporate Offices in Yardley, Pennsylvania, he will also participate in
planning, and developing the resources to achieve, the Company's short and
longer term goals and objectives. Previously, Mr. Wright was Senior Vice
President for the Company's Michigan cluster.
Ms. Beck will continue to be principally responsible for the financial
affairs of the Company.
"It is with great pleasure that I announce the promotions of Scott Wright
to President and Chief Operating Officer and Julie Beck to Executive Vice
President and Chief Financial Officer," said James W. Hall, Acting Chief
Executive Officer of the Company. "Scott's and Julie's leadership skills,
experience and expertise make them uniquely qualified to assume these
important roles."
Ms. Beck joined Journal Register in January 2006 after serving at Norwood
Promotional Products, Inc., Indianapolis, Indiana, since 2003 as Senior
Vice President and Chief Financial Officer. From September 1999 to
September 2003, she was Vice President of Finance for the Inland Paperboard
and Packaging subsidiary of Temple-Inland, Inc., also in Indianapolis. From
March of 1986 to September of 1999, she was with Rockwell Corporation in a
series of positions of increasing responsibility, lastly as Director of
Finance, Rockwell Automation, in Milwaukee, Wisconsin. Ms. Beck has also
worked for NCR Corporation and Deloitte. Ms. Beck is a Certified Public
Accountant, and graduated with distinction from the University of Wisconsin
with a Bachelor in Business Administration degree in Accounting.
Mr. Wright has extensive newspaper industry experience starting in 1987 and
most recently has been the President and Publisher at Suburban Community
Newspapers located in Memphis, Tennessee. From 2004 to 2006, Mr. Wright was
Publisher of Star Community Newspapers in Plano, Texas. In 2003 and 2004,
Mr. Wright was Vice President and General Manager at the Oakland Press in
Pontiac, Michigan under 21st Century Newspapers. Mr. Wright was Advertising
Director from 1999 to 2000 at The Suburban Journals of Greater St. Louis
while it was owned by Journal Register Company and Vice President from 2001
to 2003 at The Suburban Journals of Greater St. Louis while it was owned by
Pulitzer Inc. From 1998 to 1999, Mr. Wright was Corporate Advertising
Director for Ottaway Newspapers, Inc. in Campbell Hall, New York and from
1993 - 1997 he was the Advertising Director for Ottaway Newspaper's Joplin
Globe in Joplin, Missouri. Mr. Wright graduated with a Bachelor of Science
degree in Communications from the University of Southern Indiana.
About Journal Register Company
Journal Register Company is a leading U.S. media company. Journal Register
Company owns 22 daily newspapers and 346 non-daily publications. Journal
Register Company currently operates 227 individual Web sites that are
affiliated with the Company's daily newspapers, non-daily publications and
its network of employment Web sites. These Web sites can be accessed at
www.JournalRegister.com. All of the Company's operations are strategically
clustered in six geographic areas: Greater Philadelphia; Michigan;
Connecticut; Greater Cleveland; and the Capital-Saratoga and Mid-Hudson
regions of New York. The Company owns JobsInTheUS, a network of 19 premier
employment Web sites.
Safe-Harbor
This release contains forward-looking information about Journal Register
Company that is intended to be covered by the safe harbor for
forward-looking statements provided by the Private Securities Litigation
Reform Act of 1995. Forward-looking statements are statements that are not
historical facts. These statements can be identified by the use of
forward-looking terminology such as "believe," "expect," "may," "will,"
"should," "project," "plan," "seek," "intend," or "anticipate" or the
negative thereof or comparable terminology, and include discussions of
strategy, financial projections and estimates and their underlying
assumptions, the extent or timing of cost savings, charges, the extent of
employees impacted, and statements about the future performance,
operations, products and services of the Company. These forward-looking
statements involve a number of risks and uncertainties, which could cause
actual results to differ materially. These risks and uncertainties include,
but are not limited to, the success of the Company's acquisitions,
dispositions, the ability of the Company to achieve cost reductions and
integrate acquisitions, competitive pressures including competition from
non-newspaper forms of media, general or regional economic conditions and
advertising trends, the unavailability or a material increase in the price
of newsprint and increases in interest rates, the ability of the Company to
access credit markets under satisfactory terms, changes in performance that
affect financial covenant compliance or funds available for borrowing,
technological changes, the adoption of new accounting standards or changes
in accounting standards. These and additional risk factors are outlined in
the Company's most recent Annual Report on Form 10-K filed with the
Securities and Exchange Commission. The Company undertakes no obligation to
publicly update any forward-looking statement, whether as a result of new
information, future events, or otherwise.
For more information:
Journal Register Company
Judy Brenna
Director of Investor Relations
Tel: (215) 504-4200
790 Township Line Road
Yardley, PA 19067
Fax: (215) 504-4201
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