Media holding company Gannett Co., Inc. (GCI) said Monday that it has appointed Paul Saleh as the company's senior vice president and chief financial officer.
Saleh will report to Gracia Martore, who was promoted to the post of president and chief operating officer earlier this year and served as Gannett's CFO since 2002.
"We are extremely pleased to have Paul join Gannett. He brings tremendous experience and an excellent track record leading the financial organizations of some outstanding companies," Martore said.
Saleh joins Gannett from Menza Partners LLC, where he was managing partner. Saleh launched Menza Partners after he left Sprint Nextel Corp. (S), where he was CFO from 2005 to 2008.
Prior to the merger between Sprint and Nextel Communications Inc., Saleh served as executive vice president and CFO of Nextel from 2001 to 2005. Previously, Saleh was senior vice president and CFO of Walt Disney International, where he held other senior financial positions since 1997.
Before joining Walt Disney, Saleh was with Honeywell Inc. for 12 years where he was vice president and treasurer from 1994 to 1997, and held other various leadership positions in finance, treasury, investor relations, strategic planning and operations.
Gannett is a McLean, Virginia-based publisher of 82 daily newspapers, including the USA TODAY. The company also operates 23 television stations in 19 U.S. markets.
In mid-October, the company reported a 38% surge in profit for the third quarter, despite flat revenues, boosted by continued cost control efforts.
In Monday's regular trading session, GCI is trading at $12.71, up $0.04 or 0.32% on a volume of 0.17 million shares.
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