TIMOTHY WILLIAMS AND NEWTON MERRILL NAMED DIRECTORS OF GUY GANNETT PUBLISHING CO.
PORTLAND, Maine., Dec. 15 /PRNewswire/ -- Timothy Williams, a former broadcast industry executive, and Newton Merrill, a senior officer of Bank of Boston, have been named to the board of directors of Guy Gannett Publishing Co., the family-owned media company based in Maine. They were elected at the Dec. 8, 1992 board meeting. Williams, son of company chairman Jean Gannett Hawley, has worked in broadcasting for the past 16 years. Most recently, he was general manager of WINZ-AM/WZTA-FM in Miami and served as vice president of Guy Gannett Publishing Co's radio division, which included the Miami stations and WWNZ-AM/WZTU-FM in Orlando. The radio division was sold in April, 1992, and Williams stayed on for several months to assist the new owners with the transition. "Tim Williams brings energy and hands-on experience to the Guy Gannett board, Mrs. Hawley said. "I am pleased that he has come home to Maine to assume a more active role in the family ownership of the company." Newton Merrill is executive vice president of Bank of Boston and group executive of its national banking group. He oversees domestic wholesale lending and investment banking activities for the bank corporation, and serves as an executive officer of the corporation. He is also a member of the bank's management committee. Prior to joining Bank of Boston in 1991, Merrill spent 30 years with The Bank of New York, most recently as senior executive vice president of the U.S. Commercial Banking sector. Mrs. Hawley said that Merrill "brings a wealth of experience in banking and financial management to the board. His expertise will be invaluable to the board and the management team as we chart our course for the future." Guy Gannett's 13-member board is comprised of six family members, six outside directors and the company's president and CEO, James B. Shaffer. Guy Gannett Publishing Co. has print and broadcast holdings in six states. They include: the Portland Newspapers, which publishes the Portland Press Herald and the Maine Sunday Telegram; Central Maine Newspapers, which publishes the Kennebec Journal in Augusta and the Central Maine Morning Sentinel in Waterville; and Minnesota Sun Publications, a chain of community newspapers in Suburban Minneapolis. The company owns four network affiliate television stations: WGME- TV, Portland, Maine; WGGB-TV, Springfield, Mass.; KGAN-TV, Cedar Rapids, Iowa; and WICS-TV, Springfield, Ill. In addition, Guy Gannett owns Shakopee Valley Printing, a commercial printer in the Minneapolis area, and broadcast towers in central and south Florida. Guy Gannett Publishing Co. has approximately 1,700 employees, is privately-held, and is not related to the publicly-traded Gannett, Inc. media company. -0- 12/15/92 /CONTACT: Marnie D. Flynn of Guy Gannett Publishing Co., 207-780-9223/
CO: Guy Gannett Publishing Company ST: Maine, Minnesota, Massachusetts IN: PUB SU:
TM -- NE014 -- 7353 12/15/92 15:46 EST
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|Date:||Dec 15, 1992|
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