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William R. Hearst II Elected Board Chairman of Hearst Corp.
1/22/2013
NEW
YORK –
Hearst Corp, announced that William R. Hearst III, a director of the corporation
and trustee of the Hearst Family Trust established under the terms of the will
of William Randolph Hearst, has been elected chairman of the corporation.
Three
executives and two members of the Hearst family were also elected to the corporation’s
board of directors: Mark E. Aldam, 49, president of Hearst Newspapers; Eve
Burton, 54, senior vice president and general counsel of Hearst Corp.; Mitchell
I. Scherzer, 50, senior vice president and chief financial officer of Hearst Corp.;
Samia B. Staehle, 43, an attorney and great-granddaughter of William Randolph
Hearst; and Christian A. Tarafa, 43, former longtime executive at Hearst
Magazines U.K. and great-grandson of William Randolph Hearst.
The
announcements were made by Frank A. Bennack, Jr., executive vice chairman and
CEO of Hearst Corp.
William
R. Hearst III succeeds the late George R. Hearst, Jr., as chairman. He is
George’s cousin and a grandson of the company’s founder, William Randolph
Hearst. Hearst,
63, has been a director of Hearst Corp. for more than 30 years and has been
actively engaged in the charitable activities and programs of the Hearst
Foundations for the last 20 years. Hearst is also a partner emeritus at the
venture capital firm Kleiner Perkins Caufield & Byers.
Prior
to joining KPCB in 1995, he served for 10 years as editor and publisher of the San
Francisco Examiner, then owned by Hearst Corp.. Hearst began his
career with the Examiner in 1972 as a reporter and
assistant city editor. He moved on to Outside
magazine, but subsequently rejoined Hearst, first at the Los
Angeles Herald Examiner and later as vice president of Hearst
Cable Communications.
Aldam
was named president of Hearst Newspapers in March 2011. Before that he had been
executive vice president, deputy group head of Hearst Newspapers since March
2010. Aldam joined Hearst in 2006, as publisher of the Albany
Times Union, and prior to that, was senior vice president and chief
operating officer of The Hartford Courant since
2005, first joining the Tribune paper in 1994.
Burton
joined Hearst as vice president and general counsel in November 2002. Before
that, she was vice president and chief legal counsel at CNN from 2000 to 2001,
and vice president and deputy legal counsel at the New YorkDaily
News from 1998 to 2000, first joining the Daily
News in 1995.
Scherzer
was named vice president and chief financial officer of Hearst in November
2009. Prior to Hearst, he headed the media practice at The Silverfern Group
from 2008 to 2009, and was a managing director at JP Morgan and head of its
U.S. Media Investment Banking division since 2002. Scherzer began his career at
Goldman Sachs in 1989, ultimately serving as co-head of its media group.
Staehle,
a 2004 graduate of Seattle University School of Law, is a licensed attorney and
an active member of the Washington Bar. Previously, she was a producer for the
Associated Press’s television division, based in London and Paris, and
freelance news producer in Washington D.C. and Los Angeles.
From
1990 to 2012, Tarafa held a number of executive positions at Hearst Magazines
UK. He was appointed publisher of House Beautiful and
Coast magazines in 2011, after working at House Beautiful
and a number of other areas of Hearst’s U.K. business, including
circulation, publicity, sales and marketing.
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