The Los Angeles Times’ new publisher and CEO, Ross Levinsohn, who replaced ousted editor and publisher Davan Maharaj on Monday, will be making a very sizable $1 million in his new role, and that’s just his minimum pay.
That information comes via an SEC filing on Monday reporting on the publication’s latest major personnel change. Under the terms disclosed in the filing, Levinsohn will get a annual base salary of $600,000 plus an additional signing bonus of $100,000 at the beginning of every quarter that he remains in his role, with the first quarter pro-rated to his start date.
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