Romenesko

Wall Street Journal
McClatchy has lost $1.46 billion and seen its stock price plunge 78% since the beginning of 2006, but Gary Pruitt's chief executive job is safe. "We have the best person in place to get us through some of these turbulent times," says Kevin McClatchy, a descendant of the company's founder. "I plan on sticking around," says the 50-year-old Pruitt. "I hope to and expect to."