Washington City Paper’s Will Sommer reports this morning:
According to an SEC filing made last week by the Post, [publisher Katharine] Weymouth stands to receive as many as 42,500 shares in restricted stock awards by 2018 if she meets [performance] goals. If the Post stays around its current stock price, at $363.51 when the market closed yesterday, that would be worth around $15.4 million.
* Post’s Weymouth could make millions in stock awards (City Paper)
UPDATE: I’m told that half the Times-Picayune news staff is being let go.
At meetings that started early this morning, Times-Picayune staffers learn whether they’ve lost their jobs or will be offered new positions. “Two sources have told Gambit that severance for fired employees will be calculated at 1.5 weeks for every year of service, capped at one year’s compensation,” writes Kevin Allman. “At least three very familiar newsroom names, including award winners, have said they intend to take severance and/or don’t expect to be invited to join NOLA Media Group.”
* The axe prepares to fall at the Times-Picayune (The Gambit)
* Birmingham News employees to learn if they have a future with the paper (weldbham.com)
* New Orleans clamors for its newspaper (wsj.com)
* Gail Shister: “I think of New Orleans often, always with deep affection.” (phillymag.com)
* Rolling the dice at the Times-Picayune (The Nation)
On Monday night, “a who’s who of politics and media met once again in the midst of the [Watergate] building’s renovation, a week before the event’s 40th anniversary, to share with hundreds the stories of the events that ultimately led to the resignation of a president,” writes the Post’s Robert Samuels.
* Watergate scandal’s players tell their stories at forum (Washington Post)
* Howard Kurtz: Monday’s event celebrated a brief moment when newspapering was hailed as a noble profession (Daily Beast)
Washington Post photo
UC Berkeley hasn’t made the announcement yet, but the head of Washington and Lee’s journalism and mass communication department has told colleagues that Ed Wasserman is the new dean of Berkeley’s Graduate School of Journalism.
Here is Pam Luecke‘s email:
I write with bad news and good news. The bad news is that Ed Wasserman plans to leave W&L at the end of fall term. The good news is his reason for doing so: He will become the Dean of the Graduate School of Journalism at the University of California-Berkeley, one of the best public universities in the country.
Ed’s decision to accept the position is contingent on his receiving tenure, which is highly likely. Berkeley plans to announce his appointment as the Dean-designate this week, so I wanted to give you a heads up.
Ed has been the Knight Chair in Journalism Ethics since 2003 and has done much to heighten our program¹s profile nationally and internationally and to prepare our students to work ethically in whatever field they.
I will miss many things about Ed, including his big thoughts about journalism and journalism education; his dedication to journalism about the poor and underserved; his introductions of big-name ethics speakers; and his recommendations for disturbing movies to order from Netflix.
We’ll have time to figure out when and how to fill Ed’s position and to send him off properly. In the meantime, please send him your congratulations.
Wasserman joined Washington and Lee in 2003 after working for news outlets in Florida, New York, Maryland, and Wyoming. He made headlines in 2009 when he invited Jayson Blair to be the keynote speaker at a media ethics conference.
* Earlier: Meet the four Berkeley j-school dean finalists (JimRomenesko.com)