Larry Kramer named USA Today publisher

MarketWatch.com founder and “true pioneer of digital media” Larry Kramer has been named USA Today president and publisher. A memo to the newspaper’s employees says:

Larry spent two decades as a journalist,

Larry Kramer

holding reporter and editor roles at the Washington Post and the San Francisco Examiner, where he served as executive editor for five years. He has received several awards for reporting, including the National Press Club Award, The Associated Press Award for news writing and The Gerald Loeb award for business reporting, and his staffs have been awarded two Pulitzer Prizes.

In addition to his passion for the news business, he has an extensive track record as a successful media entrepreneur. He was founding president of CBS Digital Media, a new division that synthesized all online, interactive and mobile initiatives for the network; founder of MarketWatch.com, a leading financial information web site; and founder of DataSport, Inc.

The memo is after the jump.

From: A message from Gracia Martore
To:
Cc:
Date: Mon, 14 May 2012 16:07:40 -0400
Subject: Larry Kramer named President and Publisher of USA TODAY
Dear Colleagues,

I am writing to share the exciting news that Larry Kramer, founder of MarketWatch.com, award-winning journalist and a true pioneer of digital media, is joining Gannett as president and publisher of USA TODAY. As the head of USA TODAY, he will be responsible for developing and executing the long-term strategic vision for USA TODAY across all of its platforms, including the USA TODAY Sports Media Group, the Travel Media Group, Reviewed.com and USA WEEKEND. He also will lead the ongoing search process for a new USA TODAY editor-in-chief and will be a member of our Leadership Team. Larry will report to me, and will be based in McLean.

Larry spent two decades as a journalist, holding reporter and editor roles at the Washington Post and the San Francisco Examiner, where he served as executive editor for five years. He has received several awards for reporting, including the National Press Club Award, The Associated Press Award for news writing and The Gerald Loeb award for business reporting, and his staffs have been awarded two Pulitzer Prizes.

In addition to his passion for the news business, he has an extensive track record as a successful media entrepreneur. He was founding president of CBS Digital Media, a new division that synthesized all online, interactive and mobile initiatives for the network; founder of MarketWatch.com, a leading financial information web site; and founder of DataSport, Inc., a maker of a proprietary hand-held sports information monitor, which was later sold to Data Broadcasting Corp. Most recently, Larry served as a media consultant and adjunct professor of Media Management at the Newhouse School of Communications at Syracuse University.

We are thrilled that Larry is joining our team, and with USA TODAY’s 30th anniversary coming up in September, the timing couldn’t be better. I expect that under his leadership, September will mark both a USA TODAY milestone anniversary and the beginning of an exciting next chapter in its history.

We often talk about the fact the USA TODAY is one of the best-recognized brands, not just in media, but across industries. This national brand equity is a tremendous asset for USA TODAY and for Gannett as an organization, but there is much more we can be doing to fully leverage its full potential to fuel our growth. Larry is an outstanding leader and a digital visionary, but importantly, he also brings a wealth of experience in and passion for print publishing to his new role. His appreciation for our print heritage and his deep understanding of transformative power of digital media will make Larry successful in building the USA TODAY brand and helping us implement our growth strategy. We are confident that he is the ideal leader to have at the helm during this critical transition.

Larry is officially joining our team today, and is hosting a USA TODAY employee town hall in Tysons Corner this afternoon. He intends to hit the ground running and will be meeting with people and reviewing plans for several weeks before he’ll be with us full time beginning in mid-June. Please join me in welcoming him to Gannett.

Best regards,

Gracia Martore
President & Chief Executive Officer

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