Lee Enterprises hands out executive stock bonuses after reporting big revenue decline

On November 11, St. Louis Post-Dispatch parent Lee Enterprises reported a $1.71 per share loss and 9 percent revenue decline for the quarter. Lee’s stock fell 5.2 percent on the news.

On November 27 — Thanksgiving Eve — Lee execs were treated to stock bonuses. Here’s what they got:

dollarChief executive officer Mary Junck — 200,000 shares
Chief financial officer Carl Schmidt — 50,000 shares
Chief operating officer Kevin Mowbray — 50,000 shares
Vice president of sales and marketing Michael R. Gulledge — 22,000 shares
Vice president of interactive Gregory Schermer — 16,000 shares
Vice president of publishing Greg Veon — 10,000 shares

* Lee Enterprises 4Q loss widens on non-cash charge (AP via yahoo.com)
* Previously reported Lee executive bonuses and raises (jimromenesko.com)


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