Those measures were alluded to in the company's quarterly statement, filed today with the Securities and Exchange Commission. The company also filed its annual report with the SEC today, and buried near the bottom of the long report was this nugget:
On March 12, 2009, awards of annual cash bonuses to certain GateHouse Media, Inc. executive officers were declared, as set forth below. It is anticipated that such bonuses will be paid out late in the first quarter or early in the second quarter of 2009.
Though the bonuses are less than what has been awarded in the past, just awarding bonuses would indicate the company was on solid footing, and not delisted by the New York Stock Exchange and selling for six cents per share on the Pink Sheets.
The top bonus, $75,000, went to Polly Grunfeld Sack, senior vice president, secretary, and general counsel. Mark Maring, treasurer and vice president of investor relations and strategic development, received $70,000.
Picking up $50,000 apiece were Michael R. Reed, CEO; Gene A. Hall, executive vice president; Scott Champion, regional manager and former co-president; and Kirk Davis, president and chief operating officer.