Ganzi Departure Puzzles Hearst Observers
June 19th, 2008
The unexpected departure of Victor F. Ganzi (pictured at left) as president and ceo of the Hearst Corporation has bankers, analysts and executives at some of the companies business partners scratching their heads. Were the “policy differences” about Hearst’s bucking conventional wisdom and substantially investing in its newspaper businesses or was did they stem from the belief that the company isn’t aggressive enough in its move to digital media? The New York Times The Wall Street Journal Paid subscription may be required. (June 19, 2008)