Lee Enterprises CEO Mary Junck gets 82% raise in money-losing fiscal 2012
St. Louis Post-Dispatch parent Lee Enterprises didn’t have a very good fiscal 2012:
* April 17, 2012: Lee Enterprises lost $26.6 million in the quarter ending March 25.
* July 17, 2012: Lee Enterprises lost $1.5 million in the quarter ending June 24.
* November 12, 2012: Lee Enterprises lost $7.7 million in the July through September period.
But that didn’t stop Lee executives from getting huge raises in 2012
* January 14, 2013: Lee Enterprises CEO Mary Junck’s total compensation for fiscal 2012 increased 82%.
Lee executives’ fiscal 2012 compensation
Mary Junck
Mary Junck, chief executive officer: $2,093,267, up 82% from fiscal 2011.
Carl Schmidt, chief financial officer and treasurer: $905,969, up 48% from fiscal 2011.
Kevin Mowbray, vice president, publishing: $591,607, up 33% from fiscal 2011.
Greg Veon, vice president, publishing: $450,342, up 13% from fiscal 2011.
Michael Gulledge, vice president, sales and marketing: $526,697, up 76% from fiscal 2011.
* Lee Enterprises CEO Mary Junck sees a pay jump in 2012 (bizjournals.com)
Earlier:
* Advice for Lee CEO: Don’t lay people off just after pocketing your big bonus
* Lee CEO Mary Junck gets 500,000 shares of stock — at no charge!
