Even the Bancroft familywhich sold the Wall Street Journal off to Rupert Murdoch in 2007was known to consist of some restless socialites and horse enthusiasts whose hobbies required access to substantial funds, as New York magazine put it in 2008. The name of the family trust, Marujupu, is comprised of the names of the four children of the late matriarch Iphigene Ochs. 1 Sponsored by Forbes Advisor Best pet insurance of 2023. The younger Sulzberger is the sixth member of the Ochs/Sulzberger clan to become . Free and open company data on New Zealand company SULZBERGER FAMILY TRUSTEE COMPANY LIMITED (company number 4114618), 3 Oakwood Drive, Highlands Park, New Plymouth, 4312. Even the central claim--that the Sulzbergers might be the country's most powerful family over the past century--is stated but never argued. She could, however, supply a successor by marrying one, and she found Arthur Hays Sulzberger, a businessman whose Jewish ancestors had settled in New York in the eighteenth century. 15 million digital subscribers is a wildly ambitious target, which the paper might achieve if Donald Trump becomes president again. Let My Patriot Supply help you prepare for the worst. (The fictional Pierces own a paper called the New York Mail.) In assessing the performance of the Sulzbergers' newspaper, the authors frequently pull their punches. The Trust: The Private and Powerful Family Behind The New York Times, by Susan E. Tifft and Alex S. Jones. shopper. And Arthur Sulzberger Jr. owns 1.8% of Class A stocks and 92.2% of Class B stocks. Wedding", "Ex-New York Times Publisher Arthur Sulzberger Jr. National Book Award Literarian Award for Outstanding Service to the American Literary Community, Barbara Winslow Grant, Mother of Times Chairman, Dies at 90, "Karen A. Sulzberger Is Wed To Eric Martin Arthur Lax". The family owns about a fifth of the paper and controls it via a special class of voting shares. Their secrecy is a result of intensive training on the weight and responsibility of what it means to be part of this particular family. In theory, at least, Arthur, Jr., could run the paper into the 2030s. As Ochs aged, the patriarch began to face up to the issue of succession. The New York Times repaid his loan in 2011 but allowed Carlos to purchase shares via warrants expiring in January 2015. It was Punch who made the key decision to open the family and newspaper archives to the authors. At the center is the legal trust that governs how the family manages its ownership. But the authors are not inclined to criticize the paper on other matters, such as its failure to report on some of the early scandals of the Reagan era or its obsessive focus on Clinton's Whitewater affair. flexes his editorial muscle on his Facebook page: Alex Thinks Sarah SEC filings state the trust's "primary objective" is that the Times continues "as an independent newspaper, entirely fearless, free of ulterior influence and unselfishly devoted to the public welfare". People expected the paper to go bankrupt, but Mexican billionaire Carlos Slim Helu stepped in before that happened. Adolph Simon Ochs bought The New York Times from Henry Jarvis Raymond and George Jones Adolph Simon Ochs Oh, plenty. The Sulzbergers operate the Times under a family trust designed to prevent individual heirs from selling out. One is the long shelf of books already written about the Times, by outsiders and insiders. But investors in the other portion of the stock, led by. At the start, he committed the Times to a journalistic program of conservatism, thoroughness, and decency that provided the blueprint for its eventual success. His son, 37-year-old Arthur Gregg (A.G.) Sulzberger, will succeed him. Please try again or choose an option below. The Sulzberger family derived its name from the town of Sulzberg, near Ratisbon, in Bavaria. In 1891 there were 5 Sulzberger families living in London. Little, Brown; 870 pages. Revised several times, the Sulzberger trust now states that the power and money are held principally by the 13 cousins in Arthur, Jr.'s generation. The Sulzberger family owns The New York Times through The New York Times Company. The Open Database Of The Corporate World. in Mexico. A.G. praised Arthurs impact extensively after he announced his retirement:Our success today is directly attributable to his singular focus on the long term, his embrace of innovation and his sustained investment in quality, original journalism.. Thats why we started the Times of Israel ten years ago - to provide discerning readers like you with must-read coverage of Israel and the Jewish world. Married to Matthew ROSENSCHEIN, Jr. In lieu of flowers, contributions, in Carl L. Sulzberger's memory, may be made to The Parkinson's Foundation, (200 SE 1st Street, Suite 800, Miami, Florida 33131) or to a charity of your choice. In January 1987, Sulzberger was named assistant publisher. Sulzberger was born in Mount Kisco, New York, one of two children of Barbara Winslow (ne Grant) and Arthur Ochs "Punch" Sulzberger Sr. [2] His sister is Karen Alden Sulzberger, who is married to author Eric Lax. A detailed investigation into the weight loss app, Is SHEIN bad? Dolnicks mother, Lynn Golden, is the great-great-granddaughter of Julius and Bertha Ochs, the parents of Adolph S. Ochs, and was married in a Chattanooga, Tennessee, synagogue named in their memory. He was raised in his mother's Episcopalian faith; however, he no longer observes any religion.[5]. In search of profit, Willes forced The Los Angeles Times's newsroom to play ball with the newspaper's business office, which resulted recently in an embarrassing joint venture with a local arena--precisely the kind of thing the Sulzbergers are raised to avoid. As family members, they hold the bulk of the company's Class B voting stock, which allows them to control its board of directors. By way of summation, they offer this weak, celebratory comment: "[O]ver the course of more than a century, the magic and mission of The New York Times had somehow managed to last, in large part because of the ownership and guidance of one quite ordinary and quite remarkable family.". From 1983 to 1987, Sulzberger worked in a variety of business departments, including production and corporate planning. Highly assimilated, the Ochs-Sulzberger clan nevertheless occupies a position of tremendous visibility and responsibility among American Jewry. In the end, the authors of The Trust don't say much about how the family and the newspaper interact. Ben Dolnick, the 26-year-old son of Lynn Dolnick, Michael Goldens Photographs is a collection of negatives, contact sheets, slides, and prints that document the Ochs-Sulzberger-Dryfoos families, The Times staff, and Times' buildings, offices, and events spanning 1875 to 1987. New York Times. Revised several times, the Sulzberger trust now states that the power and money are held principally by the 13 cousins in Arthur, Jr.'s generation. I assume that I am not spoiling the plot by revealing that the book ends with the installation in 1997 of the Times's current publisher, Arthur Ochs Sulzberger, Jr.--who, at age 48, can be expected to lead the Times for quite some time. By registering you agree to the terms and conditions. Sulzberger, a Reform Jew, was an outspoken anti-Zionist at a time when the Reform movement was still debating the issue. Last Thursday, The New York Times announced that its publisher, Arthur Ochs Sulzberger Jr., 66, is stepping down at the end of the year. Thirty-nine-year-old Arthur A.G. Sulzberger is the current publisher of the New York Times, and hes the fourth Arthur Sulzberger in the family to hold that position. [6] In 1974, he received a Bachelor of Arts degree in political science from Tufts University. Sulzberger moved The New York Timesto the internet in 1996. Nevertheless, the critics havent affected its membership, with more people globally subscribing to the paper. He thought they needed no state or political and social institutions of their own. His length of term was indeterminate, and the grounds and method of his removal were ambiguous. He believed strongly and publicly that Judaism was a religion, not a race or nationality that Jews should be separate only in the way they worshiped, Frankel wrote. Sulzberger is a fifth-generation member of the Ochs-Sulzberger family and brings a deep appreciation of the values and societal contributions of The New York Times and the Company to his role as chairman and publisher of The New York Times. The Times was also quite conservative--both in its editorials and in its look. Critics said the newspaper failed to give adequate coverage to Nazi atrocities committed against Jews, a charge that The Times later owned up to. R. Anthony Benten, Sr. VP, Treasurer & Chief Accounting Officer Robert Denham, Independent Director Doreen Toben, Independent Director Brian McAndrews, Presiding Independent Director Rachel Glaser, Independent Director John Rogers, Independent Director The broadcaster faces an uncertain future, Who owns Nespresso? This New Zealand Limited Company's AR application month is August. We have really big ambitions for The New York Times, and we have big ambitions for independent journalism, more generally,Meredith said. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. In a 2001 article for The Times, former Executive Editor Max Frankel wrote that the paper, like many other media outlets at the time, fell in line with US government policy that downplayed the plight of Jewish victims and refugees, but that the views of the publisher also played a significant role. Newhouse family - Forbes Arthur Ochs Sulzberger, Jr.'s Net Worth Probably, 2020 is the busiest year for Arthur Ochs Sulzberger, Jr.. sister, is a successful fiction writer living in a brownstone secured The . click the link in that email to complete your registration. Sulzberger graduated from the Browning School in New York City. If so, please join The Times of Israel Community. He also [15][16][17] He was the lead author of the 97-page report,[11][15] which documented in "clinical detail" how the Times was losing ground to "nimbler competitors" and "called for revolutionary changes". A family friend told New York magazine that the Sulzbergers dedication to journalistic integrity is a noble, familial thing that courses through their veins, and anyone who strays from that gets slapped down pretty quickly.. Arthur Ochs Sulzberger, byname Punch, (born February 5, 1926, New York City, New York, U.S.died September 29, 2012, Southampton, New York), American newspaper publisher who led The New York Times through an era in which many innovations in production and editorial management were introduced. A.G. Sulzberger speaks onstage at the Committee to Protect Journalists' 29th Annual International Press Freedom Awards on Nov. 21, 2019, in NYC/ Getty Images It's hard to think of any other important American company a public one at that with such a long line of family succession, but it's easy to imagine how the Times' social . But in this era of dwindling journalistic revenue, the major old media families like the Grahams (of Washington Post/The Post fame), the Bancrofts (the Wall Street Journal), the Chandlers (the Los Angeles Times), and the Taylors (the Boston Globe) have all left the business, leaving only the Sulzbergers holding on. At the vortex of the evening's power and prestige stood a tuxedoed man, chairman of the New York Times Company and the museum's board, a man who, for all his status, was unfamiliar to most Americans--Arthur Ochs Sulzberger, known since childhood as "Punch.". The NYT scion, 69, reportedly worth around $16 million, filed for . According to a 2008 report in New York magazine, that training begins at a very young age: [The] clan starts going to family meetings when theyre 10 years old and by 15 they understand their roles as caretakers of the New York Times. Becoming deputy publisher made one the heir apparent to The New York Times throne. "The Sulzberger family: A complicated Jewish legacy at The New York Times", "A.G. Sulzberger, 37, to Take Over as New York Times Publisher", "A.G. Sulzberger: Leading Change at The New York Times as Journalism Evolves", "Sulzberger didn't back down in Narragansett confrontation", "A.G. Sulzberger, New York Times' publisher and former Oregonian reporter, talks journalism in the digital age", "A.G. Sulzberger to assume publisher role at New York Times on Jan. 1", "Leadership of New York Times passes to next-generation Sulzberger", "New York Times Publisher Arthur O. Sulzberger, Jr. to Retire at Year's End; A.G. Sulzberger Named Publisher", "For Kodachrome Fans, Road Ends at Photo Lab in Kansas", "The leaked New York Times innovation report is one of the key documents of this media age", "The New Tork Times Claws Its Way Into the Future", "How A.G. Sulzberger Is Leading the New York Times Into the Future", "A.G. Sulzberger Vanquishes His Cousins, Becomes Deputy Publisher of the New York Times", "Exclusive: New York Times Internal Report Painted Dire Digital Picture", "Arthur Gregg Sulzberger Named Associate Editor", "New York Times Names A.G. Sulzberger Deputy Publisher", "This is The New York Times' digital path forward", "A.G. Sulzberger Vanquishes Cousins, Becomes Deputy Publisher of New York Times", "The Heirs: A Three-Way, Mostly Civilized Family Contest to Become the Next Publisher of The Times", "New York Times Names A.G. Sulzberger, 37, Its Next Publisher", "On Trust and Transparency: A.G. Sulzberger, Our New Publisher, Answers Readers' Questions", "New York Times chairman retires after 23 years leading the board", "NYT publisher disputes Trump's retelling of off-the-record conversation", "New York Times publisher A.G. Sulzberger chides President Donald Trump over 'fake news' claims", "New York Times publisher says he chided Trump not to call press the enemy", "NYT publisher A.G. Sulzberger says an independent press is an 'American ideal', "Knight Media Forum 2020 A.G. Sulzberger", https://en.wikipedia.org/w/index.php?title=A._G._Sulzberger&oldid=1138150552, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, The New York Times Syndicate & News Service, This page was last edited on 8 February 2023, at 08:16. [4], Sulzberger's parents divorced when he was five years old. Among the witnesses was Arthur's father,. Files for Divorce", The New York Times & 9/11: Arthur Ochs Sulzberger Jr. Interview (2001), https://en.wikipedia.org/w/index.php?title=Arthur_Ochs_Sulzberger_Jr.&oldid=1129708197, Tufts University School of Arts and Sciences alumni, Short description is different from Wikidata, Wikipedia pending changes protected pages, Pages using infobox person with multiple parents, Creative Commons Attribution-ShareAlike License 3.0, The New York Times Syndicate & News Service, This page was last edited on 26 December 2022, at 19:14. He became the publisher of The New York Times in 1992, and chairman of The New York Times Company in 1997, succeeding his father, Arthur Ochs Sulzberger. Looking for more? Had NYT highlighted Nazi horrors, US 'might have awakened', Were really pleased that youve read, Please use the following structure: example@domain.com, Send me The Times of Israel Daily Edition. Roman tries to reach out to Naomi to get the ball rolling on a deal, but Naomi alerts the rest of the family, who shut negotiations down before they start. [4], After being encouraged by Brown journalism professor Tracy Breton to apply,[5] he interned at The Providence Journal from 2004 to 2006, working from the paper's office in Wakefield. But they are deeply devoted to this place, and the three of us are committed to continuing to work as a team.. Thank you, David Horovitz, Founding Editor of The Times of Israel, 2023 The Times of Israel , All Rights Reserved, Arthur Ochs Sulzberger Jr. speaking at The New York Times New Work Summit in Half Moon Bay, California, February 29, 2016. The trust is run by a committee of eight family members. The surprising truth, Broker: the baby box drama movies ending, explained, Colleen Hoovers It Starts with Us: the sequels ending, explained, Why is SHEIN so cheap? To learn more about the Sulzbergers, I highly recommend Mark Bowdens lengthy Vanity Fair profile, or, if you have even more time to spare, you can dive into all 870 pages of The Trust: The Private and Powerful Family Behind The New York Times, by Susan E. Tifft and Alex S. Jones. This is true of many big businesses, but what is interesting about the Times is that it has a "public trust" role that normal, profit-maximizing companies don't have. Law Office of Sulzberger & Sulzberger is ready to help you with all of your estate planning, estate and trust administration and wealth transfer matters. [9] He became a national correspondent,[10] heading the Kansas City bureau and covering the Midwest region. [39][40], He has said that an independent press "is not a liberal ideal or a progressive ideal or a Democratic ideal. That perception is largely because of the family and because of the familys Jewish name and Jewish roots, Goldman said, so whether theyre Jewish or not today, theres a feeling that this is still a newspaper with a heavy Jewish influence.. Journalist and politician Henry Jarvis Raymond and George Jones foundedThe New York Timesas theNew-York Daily Timesin September 1851. Digging into the history of many Arthur Sulzbergers running the New York Times, Schell began: You said the difference was that they [the North Korean Kim dynasty] were only two generations, and your family was four. Arthur jokingly cut in: I dont like where this is going one damn bit! It has been owned by the family since 1896; A. G. Sulzberger, the paper's publisher, and his father, Arthur Ochs Sulzberger, Jr., the company's chairman, are the fourth and fifth generation of the family to head the paper. The Sulzberger family has . The voyage had taken 80 days and there were many other German families to keep them company on the voyage 168 Germans all told - including the Erb, Kelb and Dornauf . Ever since Adolph Simon Ochs purchased the company in 1896, someone named Ochs or Sulzberger has led the paper. Various Sulzbergers have left their mark, literally, on the world. A.G. Sulzberger is chairman of The New York Times Company and publisher of The New York Times. For as little as $6/month, you will: Were really pleased that youve read X Times of Israel articles in the past month. Reuters commitment to independence threatened its merger with Thomson, Is Night Court a real thing? We all have more of a stake in what The New York Times does than in what a potato chip manufacturer does. It's classified as follows: K641965 Trustee service , and the status of this company is Registered now. Contact a reliable trusts and estates attorney in the Miami-Dade area. David Perpich, the current publisher's. [33] He became publisher on January 1, 2018,[34] succeeding his father Arthur Ochs Sulzberger Jr.,[25] although the elder Sulzberger remained chairman of The New York Times Company until the end of 2020.