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The New York Times Company Announces Nominations for Board of Directors

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The New York Times Company has nominated Beth Brooke for election as a director during its 2021 annual meeting, replacing Robert E. Denham, who is retiring after 13 years on the board. A.G. Sulzberger, chairman of the company, praised Brooke's extensive financial and strategic experience from her 38-year tenure at Ernst & Young LLP and her commitment to diversity and inclusiveness. Denham has played a significant role in the board's evolution, including overseeing the company's digital transformation.

Positive
  • Beth Brooke brings 38 years of experience from Ernst & Young, enhancing the board's financial and strategic expertise.
  • Brooke's advocacy for diversity and inclusiveness aligns with the company's values.
Negative
  • Robert E. Denham's retirement may create a gap in board continuity and experience.

The New York Times Company announced today that its board of directors nominated Beth Brooke for election as a director at its 2021 annual meeting of stockholders on April 28. All current directors will stand for re-election with the exception of Robert E. Denham, a director since 2008, who is retiring.

“I am delighted to have Beth, an exceptional candidate who is an accomplished leader in her field, nominated to serve on our board. Beth will bring to the board extensive financial and strategic expertise gained from her 38-year career at Ernst & Young LLP, as well as a longtime advocacy for diversity and inclusiveness that aligns with our values,” said A.G. Sulzberger, chairman of The New York Times Company.

He continued: “Bob has been an invaluable member of our board and along with my colleagues, I’ve personally benefited from his wise counsel and sound judgment over the years. Bob helped steer us through a number of significant events in the life of the board, including a digital transformation of the Company and a generational transition in leadership. We’re grateful to Bob for his leadership and wish him all the best as he retires.”

Ms. Brooke, 61, served as the global vice chair of public policy for Ernst & Young LLP, from 2007 to 2019, where she was also a member of its global executive board and global sponsor of the firm’s diversity and inclusiveness efforts. Before that, she served in various roles in tax practice management, communications, corporate development, sustainability and stakeholder engagement since joining the firm in 1981. She is also a director of eHealth, Inc. and serves on various private and nonprofit boards, including the United States Olympic and Paralympic Committee. Additionally, Ms. Brooke has been named several times by Forbes to its list of “World’s 100 Most Powerful Women” and co-chairs the steering committee of The Partnership for Global LGBTI Equality, in conjunction with the World Economic Forum.

Mr. Denham, with 13 years of service, was the Presiding Director from 2013 to 2019. He has served on several of the board’s committees, including the Nominating & Governance Committee and Finance Committee, each of which he has chaired, and the Compensation Committee, which he currently chairs. Mr. Denham has been a partner of the law firm of Munger, Tolles & Olson LLP from 1973 to 1991 and since 1998. During the interim years, he served as chief executive officer of Salomon Inc from 1992 to 1998, subsequent to joining the firm as general counsel in 1991.

About The New York Times Company

The New York Times Company is a trusted source of quality, independent journalism whose mission is to seek the truth and help people understand the world. With more than 7 million subscriptions across a diverse array of print and digital products — from news to cooking to games — The Times has evolved from a local and regional news leader into a diversified media company with curious readers, listeners and viewers around the globe. Follow news about the company at NYTCo.com.

FAQ

What is the significance of Beth Brooke's nomination for NYT's board?

Beth Brooke's nomination adds extensive financial and strategic expertise to the NYT board, which may positively influence future decision-making.

Why is Robert E. Denham retiring from the NYT board?

Robert E. Denham is retiring after 13 years of service, which could impact the board's continuity.

When is the NYT annual meeting where Brooke will be elected?

The New York Times Company's annual meeting is scheduled for April 28, 2021.

What roles has Beth Brooke held at Ernst & Young?

Beth Brooke served as global vice chair of public policy and was involved in various roles including tax practice management and corporate development.

How does Beth Brooke's background align with NYT's values?

Her longstanding advocacy for diversity and inclusiveness aligns well with The New York Times Company's mission and values.

New York Times Co.

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