In 1992, Sulzberger relinquished the publisher's job to his 40-year-old son, Arthur Ochs Sulzberger Jr., but remained chairman of The New York Times Co. The trust is run by a committee of eight family members. But in season two, episode three, Hunting, a new kind of player enters the game. The maternal side of his family reportedly owned slaves and participated in the Civil War. [16][20] In that role, he was part of the group that outlined the Times' plan to double the news outlet's digital revenue by 2020 and increase collaboration between departments,[2][21] dubbed "Our Path Forward". Rebecca Van Dyck. shopper. Had NYT highlighted Nazi horrors, US 'might have awakened', Were really pleased that youve read, Please use the following structure: example@domain.com, Send me The Times of Israel Daily Edition. Newhouse family - Forbes Arthur Ochs Sulzberger, Jr.'s Net Worth Probably, 2020 is the busiest year for Arthur Ochs Sulzberger, Jr.. Though Logan is often pitched as a villain of Succession, whats been true, generally, in American culture is that were inclined to be much friendlier to self-made kings like Logan Roy than we are to those, like the Pierces and the Sulzbergers, who inherited their wealth. This month, at 69, Arthur Sulzberger Jr will retire as company chairman, after decades of speculation that he would be the last Sulzberger to run the business. For a brief moment, it looked like the Sulzberger name would depart the papers helm. A fifth-generation descendant of Ochs-Sulzberger, Arthur Gregg (A.G.) Sulzberger, its CEO is soft-spoken and measured. I warned that this inflammatory language is contributing to a rise in threats against journalists and will lead to violence. the Sulzbergers, is a variety of artists, musicians, academics, Hostile place (1) Entertainer Kazan (1) Saintly aura (1) Dictionary label (1) Charity event (5) Photographs is a collection of negatives, contact sheets, slides, and prints that document the Ochs-Sulzberger-Dryfoos families, The Times staff, and Times' buildings, offices, and events spanning 1875 to 1987. Diane Baker, a former chief financial officer of the New York Times Company, described him as having the personality of a 24-year-old geek, and (gasp!) The surprising truth, Broker: the baby box drama movies ending, explained, Colleen Hoovers It Starts with Us: the sequels ending, explained, Why is SHEIN so cheap? Born: 1921. [2], Sulzberger's mother was of mostly English and Scottish origin and his father was of German Jewish origin (both Ashkenazic and Sephardic). Still, stories related to Jewish topics were carefully edited, said Goldman, who worked at the Times from 1973-1993. Those stories got a little more editorial attention, and Im not saying they were leaning one way or another, but the paper was conscious that it had this reputation and had this background and wanted to make sure that the stories were told fairly and wouldnt lead to charges of favoritism or of bending over backwards, he told JTA on Monday. Not coincidentally, Punch gradually emerges as the hero--the businessman with unerring judgment, the publisher with the noblest of journalistic instincts, the dutiful son, and the conscientious legatee. Meanwhile, Dan Cohens son Alex, a student at NYU, plays drums Genealogy for Arthur Ochs Sulzberger (1926 - 2012) family tree on Geni, with over 230 million profiles of ancestors and living relatives. When Succession creator Jesse Armstrong set out to make his HBO series about power and family conflict in the world of New York media he had a very specific type of business mogul in mind. After Ochss death, his son-in-law, Arthur Hays Sulzberger, took over the reins at The Times. Publisher A.G. Sulzberger is the sixth member of the Ochs-Sulzberger family to lead the paper. Law Office of Sulzberger & Sulzberger is ready to help you with all of your estate planning, estate and trust administration and wealth transfer matters. Theyre not MAGA. The setting was the Metropolitan Museum of Art in New York, the nation's pre-eminent bastion of high art. Sulzberger was born in Mount Kisco, New York, to Barbara Winslow and Arthur Ochs "Punch" Sulzberger Sr. Karen Alden Sulzberger . Sarah Perpich, Davids 28-year-old sister and Its been around for two decades shy of two centuries, winning more Pulitzer Prizes of any newspaper. This is true of many big businesses, but what is interesting about the Times is that it has a "public trust" role that normal, profit-maximizing companies don't have. It was a long, slow climb to success. Dolnicks mother, Lynn Golden, is the great-great-granddaughter of Julius and Bertha Ochs, the parents of Adolph S. Ochs, and was married in a Chattanooga, Tennessee, synagogue named in their memory. Both the Sulzberger and Graham families, which own controlling interests in their companies, have safeguarded quality journalism with the dynastic succession. This New Zealand Limited Company's AR application month is August. Sign in to stop seeing this, Sara Netanyahu accosted by protesters at Tel Aviv hair salon, extricated by police, Brides joy turns to sorrow after Elan Ganeles killed driving to her wedding, Hiker discovers 2,500-year-old ancient receipt from reign of Purim kings father, Netanyahu compares Tel Aviv protesters to settlers who set fire to Huwara. Im sure we should exercise the option, but we look at it like a financial investment that has been very good., Then chief executive Mark Thompson said repurchasing of the shares was the best option for Carlos:We believe it is in the best interests of the company to continue to maintain a conservative balance sheet, and a prudent view on the allocation of free cash flow and this one-off repurchase program should not be viewed as a change of position about our capital allocation plans., Read Next: Who owns Reuters? But investors in the other portion of the stock, led by. Arthur oversaw significant changes in the company, including the move from black and white to color and subsequent transformation into a digital publication. To learn more about the Sulzbergers, I highly recommend Mark Bowdens lengthy Vanity Fair profile, or, if you have even more time to spare, you can dive into all 870 pages of The Trust: The Private and Powerful Family Behind The New York Times, by Susan E. Tifft and Alex S. Jones. The first known member of the family was Eleazar Sussman Sulzberger, c1600. Learn how to leverage transparent company data at scale. But as fun and fascinating as some of these extra-credit Sulzbergers may be, its very likely that it was Sulzberger Jr. himself who inspired Armstrong to dig into this other brand of New York dynastic power. As publisher, chairman, and CEO, Punch was selected by a self-perpetuating, private, secretive body. He also ", "The New York Times Company Biography for A.G. Sulzberger", "Gabrielle Greene and Arthur Sulzberger Jr. And Arthur Sulzberger Jr. owns 1.8% of Class A stocks and 92.2% of Class B stocks. In 1861, it started publishing a Sunday edition to give daily updates on the Civil War. Divorced: 1965. Golden (making it the unofficial Ochs-Sulzberger house band). As a publisher, he oversees the news outlet's journalism and business operations. in a band called the Mysterious Case of Jake Barnes with cousin Dave Charles Ransom Miller raised enough money to purchase the paper. [13] In 2013, he was tapped by then-executive editor Jill Abramson to lead the team that produced the Times' Innovation Report,[14] an internal assessment of the challenges facing the Times in the digital age. by his grandmother, Ruth Holmberg. The most Sulzberger families were found in the USA in 1920. NEW YORK CITY The children of the late New York Times publisher Arthur Ochs Sulzberger are moving quickly to sell stock he held in the Gray Lady's parent company, his will reveals.. Sulzberger . On the evening of June 26, 1996, there was a rare public display of the American Establishment. On this Wikipedia the language links are at the top of the page across from the article title. . In 1896, Adolph Simon Ochs, the publisher of theChattanooga Times,purchased a controlling stake in the company. Sulzberger also improved the paper's bottom line, pulling it and its parent company out of a tailspin in the mid-1970s and lifting both to unprecedented profitability a decade later. Their secrecy is a result of intensive training on the weight and responsibility of what it means to be part of this particular family. That perception is largely because of the family and because of the familys Jewish name and Jewish roots, Goldman said, so whether theyre Jewish or not today, theres a feeling that this is still a newspaper with a heavy Jewish influence.. He went to great lengths to avoid having The Times branded a Jewish newspaper., As a result, wrote Frankel, Sulzbergers editorial page was cool to all measures that might have singled [Jews] out for rescue or even special attention., Though The Times wasnt the only paper to provide scant coverage of Nazi persecution of Jews, the fact that it did so had large implications, Alex Jones and Susan Tifft wrote in their 1999 book The Trust: The Private and Powerful Family Behind The New York Times.. Among the witnesses was Arthur's father,. [32] Sulzberger has been the principal architect of the news outlet's digital transformation and has led its efforts to become a subscriber-first business. in Mexico. Sulzberger is a fifth-generation member of the Ochs-Sulzberger family and brings a deep appreciation of the values and societal contributions of The New York Times and the Company to his role as chairman and publisher of The New York Times. But at other times, the approach has its drawbacks. In a 2005 New Yorker profile about him also titled The Inheritance, famed Times writer and author of the definitive history of the Times, The Kingdom and the Power, Gay Talese told author __ Ken Auletta__ cooly, You get a bad king every once in a while.. The name of the family trust, Marujupu, is comprised of the names of the four children of the late matriarch Iphigene Ochs. To revist this article, visit My Profile, then View saved stories. Katie, lives in Marthas Vineyard and has sought to promote awareness Sulzberger said in a statement that at the meeting, he "told the president directly that I thought that his [anti-press] language was not just divisive but increasingly dangerous. Reuters commitment to independence threatened its merger with Thomson, Who owns BBC? [16] On his first day as publisher, Sulzberger wrote an essay noting that he was taking over in a "period of exciting innovation and growth", but also a "period of profound challenge". The New York Timesis based in New York but read worldwide; its ranked 18th by circulation. Nevertheless, given its owners family history, its disproportionately large Jewish readership and its frequent coverage of Jewish preoccupations, The Times is often regarded as a Jewish newspaper often disparagingly so by anti-Semites. By way of summation, they offer this weak, celebratory comment: "[O]ver the course of more than a century, the magic and mission of The New York Times had somehow managed to last, in large part because of the ownership and guidance of one quite ordinary and quite remarkable family.". At the vortex of the evening's power and prestige stood a tuxedoed man, chairman of the New York Times Company and the museum's board, a man who, for all his status, was unfamiliar to most Americans--Arthur Ochs Sulzberger, known since childhood as "Punch.". He was raised in his mother's Episcopalian faith; however, he no longer observes any religion.[5]. Don't overpay for pet insurance. It's classified as follows: K641965 Trustee service , and the status of this company is Registered now. He and his family were closely knit into the Jewish philanthropic world as befitted their social and economic standing, wrote Neil Lewis, a former longtime reporter at The Times. The Sulzberger family is a different clan from the Bancrofts, who were divided by trust funds and populated with restless socialites and horse enthusiasts whose hobbies required access to. "[42], Through his father, Sulzberger is a grandson of Arthur Ochs "Punch" Sulzberger Sr., great-grandson of Arthur Hays Sulzberger, and great-great-grandson of Adolph Ochs. Died:2017. All rights reserved. If A.G retires at the same age as his father, he will remain chairman of The New York Times Company for the next three decades. Act now and get $200 worth of FREE Survival Gear. It always felt different from Virginias local dailies, she said. "[36][37][38] Sulzberger met with President Trump in the Oval Office again on January 31, 2019, for an on-the-record interview with Times reporters Peter Baker and Maggie Haberman. Nevertheless, she was reluctant to join the paper after it offered her the top position in advertising. A.G. Sulzberger is an American journalist and the publisher of The New York Times. All about the workings of this global humanitarian organization, Who owns Reuters? The authors seem not terribly curious about the questions raised by the newspaper's success. More seriously, the attention to the family makes this an uneven book as an institutional history of the Times. I know A. G. will not rest in his drive to empower our journalists and expand the scope of The Timess ambitions,Arthur said. Married to HOLMBERG. Not so with the publishers of The New York Times--for one thing, they tend to stay in power a long time. In a "Note on Sources," Tifft and Jones state that most of their material came from interviews with members of the Ochs-Sulzberger clan. The tradition of handing down the paper from father to a firstborn son also named Arthur is such an obviously medieval practice at the New York Times that Sulzbergers dad and predecessor, Arthur Ochs Pinch Sulzberger Jr., kept a Steuben crystal sculpture of a gold-handled Excalibur embedded in stone on his deska gift and potential Shiv Roy-worthy act of passive aggression from his passed-over sisters when he was named publisher and the familys next kingArthur. And if you dont be a little more careful, I may nuke you!. As a multi-generational Jewish crime family, the Sulzbergers rank second (albeit a distant second) only to The Rothschilds -- whose ultra-patriarch, Meyer Amschel Rothschild, first made his mark about 250 years ago, and whose direct male descendants still wield enormous power to this day. Janet L. Robinson, chief executive of The New York Times Company, said: This agreement provides us with increased financial flexibility to continue to execute on our long-term strategy. Where did it come from? The succession issue supplies the book with an air of suspense that lasts right up to the final chapter. It has been owned by the family since 1896; A. G. Sulzberger, the paper's publisher, and his father, Arthur Ochs Sulzberger, Jr., the company's chairman, are the fourth and fifth generation of the family to head the paper. It also can't really sell them. The authors keep a consistent focus on the family. [39][40], He has said that an independent press "is not a liberal ideal or a progressive ideal or a Democratic ideal. [35] A.G. Sulzberger became the chairman of The New York Times Company on January 1, 2021. The publishers promised to be non-partisan and dedicated to the reform or extermination of the evils in society. Such questions go unexamined in The Trust. Journalistically, the family's greatest sin occurred during the Holocaust, when the Times went so far to avoid pleading on behalf of Europe's Jewish population that in one of its wartime stories, it reported that Hitler had killed nearly 400,000 "Europeans," but did not use the word "Jew" until the seventh paragraph. Another problem stems from the fact that any book about the Times will certainly be read by journalists and reviewed by journalists. First of all, just to get it on the record, the family did go for talent. The audience erupted into laughter. He believed strongly and publicly that Judaism was a religion, not a race or nationality that Jews should be separate only in the way they worshiped, Frankel wrote. He committed to holding the Times "to the highest standards of independence, rigor, and fairness".[31]. But that question of nondemocratic succession in ostensibly democratic America is exactly the subject Armstrong and his writers are eager to dig into. Meredith Kopit Levien grew up in Richmond, Virginia, where she occasionally read The New YorkTimescourtesy of her New Yorker parents. What have I observed and learned in the quarter century since? Not surprisingly, neither Sulzberger nor the family members on the board were interested in ceding control of the company. It's easy to be misled by the Times's recent greatness into thinking that it was always so. Tell us a little bit about that, and what effect you think it has on how this great paper can comport itself in the world. Sulzberger, trained since childhood for this job, swiftly deflected: Theres a lot behind that question. The paper sold for a penny. Click the link in that email to complete registration so you can comment. Sulzberger was born in Mount Kisco, New York, one of two children of Barbara Winslow (ne Grant) and Arthur Ochs "Punch" Sulzberger Sr.[2] His sister is Karen Alden Sulzberger, who is married to author Eric Lax. Registering also lets you comment on articles and helps us improve your experience. Palin Can Suck A Dick And Leave Us All Alone.. Get the latest business insights from Dun & Bradstreet. Farlex Partner Medical Dictionary Farlex 2012 Want to thank TFD for its existence? The New York Timestargeted 10 million subscribers by 2025, a target its hit with three years to spare. Sulzberger Family Trustee Company Limited has been running for 9 years 7 months, and 28 days. A.G. Sulzberger speaks onstage at the Committee to Protect Journalists' 29th Annual International Press Freedom Awards on Nov. 21, 2019, in NYC/ Getty Images It's hard to think of any other important American company a public one at that with such a long line of family succession, but it's easy to imagine how the Times' social . In January 1987, Sulzberger was named assistant publisher. Advertisements. R. Anthony Benten, Sr. VP, Treasurer & Chief Accounting Officer Robert Denham, Independent Director Doreen Toben, Independent Director Brian McAndrews, Presiding Independent Director Rachel Glaser, Independent Director John Rogers, Independent Director (file photo; photo credit: AP), Illustrative: The International New York Times and Al-Quds newspapers on November 9, 2016 (Tamar Pileggi/Times of Israel). In their big, admiring new book The Trust, which is certain to stand as the definitive work on the subject for a good long while, they provide ample evidence for their claim. A.G. Sulzberger is best known for heading a team that in 2014 put together a 96-page innovation report that meant to prod The Times into moving more rapidly in catching up with the new digital media landscape. In retaliation, an angry Sulzberger pulled the family's personal holdings, approximately $200 million in New York Times stock, from an account at Morgan Stanley. The teller of the tale can be more or less critical, but the basic trajectory of the story is already set along the lines of a conventional success story--precisely the kind of story that journalists are trained to doubt and dislike. Does it matter that the paper used to be conservative and is now liberal? But they are deeply devoted to this place, and the three of us are committed to continuing to work as a team.. The irresistible contrast between the Roy and Pierce families couldnt be clearer. From an early age, Sulzberger children are taught to value their role as stewards of the paper and servants to the public good. Consider their handling of "Punch" Sulzberger, who ran the paper from 1963 to 1997. It should be noted that members of the Bancroft clan said in 2011 that they regretted selling their familys paper off, though theres an argument to be made that Murdoch was actually the best thing that could have happened to that paper. Restrictions apply. And this week, the fifth generation takes on a leadership role. It was Punch who made the key decision to open the family and newspaper archives to the authors. Pleasant Avenue . A family friend told New York magazine that the Sulzbergers dedication to journalistic integrity is a noble, familial thing that courses through their veins, and anyone who strays from that gets slapped down pretty quickly.. Arthur Ochs Sulzberger, who died in 2012, identified as nominally Jewish, although not at all religious. He was much more comfortable with his Judaism than his father, wrote former Times religion reporter Ari Goldman. Best known for heading the team that produced The Times's "innovation report" in 2014, A. G. Sulzberger will be the sixth member of the Ochs-Sulzberger family to serve as publisher since its . On the other hand, there are many limits on the publisher's power. Theyre not QAnon. [4], Sulzberger's parents divorced when he was five years old. The younger Sulzberger is the sixth member of the Ochs Sulzberger clan to serve as publisher of the prominent New York newspaper. But even more astute was his decision to follow the old wisdom: If they're going to write it anyway, you might as well talk to them. New York Times. Arthur Ochs "Pinch"[1] Sulzberger Jr. (born September 22, 1951) is an American journalist. "[41] In 2020, Sulzberger voiced concern about the disappearance of local news, saying that "if we don't find a path forward" for local journalism, "I believe we'll continue to watch society grow more polarized, less empathetic, more easily manipulated by powerful interests and more untethered from the truth. Counsel & Corp. Sec. A.G. Sulzberger is part of a generation at the paper that includes his cousins Sam Dolnick, who oversees digital and mobile initiatives, and David Perpich, a senior executive who heads its Wirecutter product review site. By acquiring the Athletic and its 1.2 million subscribers, The New YorkTimessurpassed 10 million subscribers; its target is now 15 million subscribers. And with a dynamic new C.E.O. What it does produce, in the case of So who are these other, potentially eccentric Sulzbergers? The Sulzberger family owns The New York Times through The New York Times Company. ger ( slz'brg-r ), Marion B., U.S. dermatologist, 1895-1983. It is a family company, and the family, I assume, decides who the successor is in a way that isnt either particularly corporate or democratic. Indeed, A. G. Sulzberger owns a 1.3% of Class A stocks and 92% of Class B stocks. Check this off your list and sleep better at night knowing your family won't suffer when disaster strikes.