Thursday, January 03, 2008

GateHouse Media CEO receives $100,000 cash bonus, nearly 30,000 shares of stock

GateHouse Media CEO Michael Reed will receive a $100,000 cash bonus, 23,867 shares of restricted stock and 5,967 restricted stock shares in lieu of cash, according to a filing today with the Securities and Exchange Commission.

The filing also details bonuses for Co-President and Co-Chief Operating Officer Scott Champion, Chief Financial Officer Mark Thompson, and General Counsel Polly Grunfield Sack.

GateHouse Media owns The Carthage Press, Neosho Daily News, Big Nickel, Neosho Post, Greenfield Vedette, Aurora Advertiser, and Pittsburg Morning Sun in this area.

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