Michaels May Be On His Way Out at Tribune

The New York Times

The board of directors of the Tribune Company is expected to ask Tuesday for the resignation of Randy Michaels, the controversial chief executive of the company, according to a person directly involved in the matter.

The individual, who spoke on the condition of not being identified, said the board had lost confidence in the ability of Mr. Michaels to lead the troubled company.

Mr. Michaels’s resignation would follow by days the exit of another top executive at the media company, Lee Abrams, Tribunes chief innovation officer, who resigned on Friday after sending a sexually explicit memo to the entire company. More…