Tribune Co. CEO Randy Michaels Is Sticking Around... For Now

The rumor mill was churning this morning as multiple outlets reported that Tribune Co. CEO Randy Michaels would leave or be asked to step down from his role with the company.  Now Chicago Tribune staff reporters Michael Oneal and Stacy St. Clair have written that Michaels cleared up the speculation for the time being in a simple exchange with COO Gerry Spector:

“I work here today and I’m still working,” said Michaels.

Tribune Co.’s board held a meeting this morning in the wake of recent issues stemming from the inappropriate behavior of Michaels’s hand-picked management team. 

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