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As expected, Randy Michaels is out as CEO of Tribune Co.
The company confirmed that Michaels (pictured) was gone in a statement issued late Friday.
Michaels is being replaced by a four-man “executive council.” Its members: Don Liebentritt, Tribune’s chief restructuring officer; Nils Larsen, Tribune’s chief investment officer; Tony Hunter, president, publisher and CEO of the Chicago Tribune; and Eddy Hartenstein, publisher and CEO of the Los Angeles Times.
The council, which will oversee the company’s publishing and broadcast operations, reports to the Tribune’s board of directors.
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