The younger Sulzberger is the sixth member of the Ochs Sulzberger clan to serve as publisher of the prominent New York newspaper. This collection does not contain images used to illustrate stories in the paper. He became the publisher of The New York Times in 1992, and chairman of The New York Times Company in 1997, succeeding his father, Arthur Ochs Sulzberger. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community. Oh, plenty. As previously reported, stage legend Cherry Jones will play head of the family Nan Pierce, Holly Hunter is CEO Rhea Jarrell, and Annabelle Dexter-Jones plays Naomi Pierce, whom we discover in the third episode is a friend of Romans partner, Tabitha. With his arrival in the narrative, the authors of The Trust develop two of their major themes--the recurring crisis over finding a male family member to run the company and the sporadic significance of the family's Jewishness. Even so, there is much to enjoy in this family and institutional tale, beginning with the dynastic founder, Adolph Ochs, the son of Jewish immigrants from Furth, Germany. . He is of German ancestry. The Times was also quite conservative--both in its editorials and in its look. In a 2001 article for The Times, former Executive Editor Max Frankel wrote that the paper, like many other media outlets at the time, fell in line with US government policy that downplayed the plight of Jewish victims and refugees, but that the views of the publisher also played a significant role. [6] While there, he revealed that membership of the Narragansett Lions Club was not open to women. [3] He is a grandson of Arthur Hays Sulzberger and great-grandson of Adolph Ochs. 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. Subscribe to our emails. But even so, Sulzberger Jr.s bad reputation is barely a blip compared to other media moguls. Married to Orvil Eugene DRYFOOS. He was raised in his mother's Episcopalian faith; however, he no longer observes any religion.[5]. See: Bloch-Sulzberger disease, syndrome, Sulzberger-Garbe disease, Sulzberger-Garbe syndrome. See "Compensation of Executive Officers" for a description of his compensation. Kopit became CEO during a once-in-a-century pandemic that cut the papers revenue by more than half. Theyre not MAGA. 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. In 2005, a vicious profile in. Highly assimilated, the Ochs-Sulzberger clan nevertheless occupies a position of tremendous visibility and responsibility among American Jewry. We learn about the paper's metropolitan coverage or its foreign reporting, for example, only when a family member takes a turn at it. 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. The succession issue supplies the book with an air of suspense that lasts right up to the final chapter. At the center is the legal trust that governs how the family manages its ownership. Schell continued: My question is, really, I mean, the New York Times is governed and held in a very unique way in corporate America. 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!) Meet the brand-new players on the board this season. Please try again or choose an option below. Arthur Ochs Sulzberger Jr. was raised in his mothers Episcopalian faith and later stopped practicing religion. Roman tries to reach out to Naomi to get the ball rolling on a deal, but Naomi alerts the rest of the family, who shut negotiations down before they start. Curtis Yarvin and the rising right are crafting a different strain of conservative politics. 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. Although few outsiders could have picked Punch Sulzberger from among the hundreds of politicians, society figures, business executives, and journalists at the Met that night, almost all would recognize the name of his newspaper. Contact a reliable trusts and estates attorney in the Miami-Dade area. This was about 45% of all the recorded Sulzberger's in the UK. Meredith has probably overachieved during her short reign as CEO. Such questions go unexamined in The Trust. The New York Times has appointed Arthur Gregg Sulzberger deputy publisher, putting the 36-year-old in line to succeed his father, Arthur Sulzberger Jr, as publisher and chairman of the newspaper. Various Sulzbergers have left their mark, literally, on the world. During the annual shareholders' meeting in April 2006, some investors including Morgan Stanley Investment Management (MSIM), who holds 28% of the company's stock altogether . They are a tough crowd when it comes to a story with a happy ending. [2][29], On December 14, 2017, it was announced that Sulzberger would take over as publisher on January 1, 2018. 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. The name of the family trust, Marujupu, is comprised of the names of the four children of the late matriarch Iphigene Ochs Sulzberger: Marian, Ruth, Judy, and Punch. VP, Gen. The Panic of 1893 hit the paper hard, and by 1896, The New York Timeshad less than 10,000 readers and was losing $1,000 a day. From 1997 until 2020, Sulzberger was the chairman of The New York Times Company and the publisher of The New York Times from 1992 to 2018. [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". However, the paper remained afloat due to ever-rising subscribership. As family members, they hold the bulk of the company's Class B voting stock, which allows them to control its board of directors. This New Zealand Limited Company's AR application month is August. Young Iphigene was certainly bright enough and even tried to disguise herself to get a job on the newspaper, but she was deemed ineligible to inherit the newspaper because of her gender. If they werent members of the Ochs/Sulzberger family, our competitors would be bombarding them with job offers, he said. The most famous member of the family outside of media is a cousin, Arthur Golden, who wrote the best-selling novel Memoirs of a Geisha. National Book Award Literarian Award for Outstanding Service to the American Literary Community, Barbara Winslow Grant, Mother of Times Chairman, Dies at 90, "Karen A. Sulzberger Is Wed To Eric Martin Arthur Lax". in a band called the Mysterious Case of Jake Barnes with cousin Dave In January 2009, Slim loaned The New YorkTimes$250 million. But as Beyer would soon realize, Finchs past wasnt what she claimedand Beyers own difficult history was up for the taking. Sulzberger was born in Mount Kisco, New York, to Barbara Winslow and Arthur Ochs "Punch" Sulzberger Sr. Karen Alden Sulzberger . I assume that I am not spoiling the plot by revealing that the book ends with the installation in 1997 of the Times's current publisher, Arthur Ochs Sulzberger, Jr.--who, at age 48, can be expected to lead the Times for quite some time. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. It describes in great detail the story of the Ochs/Sulzberger clan and their 4 generations of ownership of what we now know as The New York Times. As publisher, chairman, and CEO, Punch was selected by a self-perpetuating, private, secretive body. Before A.G. became chairperson, he faced competition for the role of deputy publisher from his cousins Sam Dolnick and David Perch. Their situation could well have been inspiration for the one Roy family employee Gerri Kellman describes in episode three when she asks if some of the young cousins in the Pierce family want yacht money.. His newspaper would not only carry "all the news that's fit to print" (the slogan was Ochs's own) but would "give the news impartially, without fear or favor, regardless of party, sect or interests involved.". NEW YORK (JTA) On Thursday, The New York Times announced that its publisher, Arthur Ochs Sulzberger Jr., 66, is stepping down at the end of the year and will be succeeded by his son,. [22][23] In October 2016, he was named deputy publisher, putting him in line to succeed his father as publisher. On this Wikipedia the language links are at the top of the page across from the article title. Critics said the newspaper failed to give adequate coverage to Nazi atrocities committed against Jews, a charge that The Times later owned up to. This infusion of great actors, alone, is fantastic news for such a masculine-power-heavy show. Copyright 2023 | The American Prospect, Inc. | All Rights Reserved, The Alt-Labor Chronicles: Americas Worker Centers, The Trust: The Private and Powerful Family Behind The New York Times. Dryfoos died two years later from heart failure, so his brother-in-law Arthur Punch Ochs Sulzberger took over. Incorrect password. In a smooth, well-paced narrative, they give a detailed account, including the family's many marital affairs, divorces, and jealousies. [25] In 2018, he married Molly Messick.[5]. Pleasant Avenue . 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. In high school he went on a trip to Israel that left him slightly intrigued by his background, Jones and Tifft wrote. 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. Today, the Ochs-Sulzberger family, through several trusts, notably the Ochs-Sulzberger Trust, controls about 91 percent of the stock that elects 70 percent of the company's board members. For this book, they certainly did their homework. See "Compensation of Executive Officers" for a description of his compensation. blog. He moved to New York as a metro reporter in 1981, and was appointed assistant metro editor later that year. shopper. New York Times. But when it comes to the antics of their personal lives, the Sulzbergers play their cards impossibly close to the vest. Divorced: 1965. Both the Sulzberger and Graham families, which own controlling interests in their companies, have safeguarded quality journalism with the dynastic succession. 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. Arthur Ochs "Pinch"[1] Sulzberger Jr. (born September 22, 1951) is an American journalist. But here is why the Sulzbergers and their ilk also make perfect fodder for Succession season twos rival clan.