Gannett Announces Appointment of Independent Director
February 16 2021 - 6:30AM
Business Wire
Gannett Co., Inc. ("Gannett", "we", "us", "our", or the
"Company") (NYSE: GCI) today announced the appointment of Vinayak
Hegde as an independent director to the Company’s Board of
Directors (the “Board”), effective February 15, 2021.
“We are excited to welcome Vinayak to our Board,” said Michael
Reed, Chairman and Chief Executive Officer of Gannett. “He brings
significant digital and operational experience to our Board, which
will be highly valuable to both our management team and strategy
goals. We look forward to having his diverse perspectives as we
continue on our transformation journey.”
Mr. Hegde is currently the President and Chief Operating Officer
at Blink Health, where he is responsible for leveraging their
unique technology to remove all friction points so that patients
fill their prescriptions and stay on therapy. He is responsible for
commercialization, product, engineering, sales, account management,
revenue management and operations. Prior to his current role, he
served as the Chief Marketing Officer of Airbnb Homes. He was
responsible for the growth and marketing of their global business,
which grew to $4.8 billion in revenue and over $38 billion in
bookings during his tenure. Previously, he served as Global Chief
Marketing Officer at Groupon where he managed marketing, national
sales and revenue management. He launched their brand campaigns and
growth strategy, which grew to service over 50 million customers
worldwide with over 160 million Groupon app downloads. He led
Groupon’s acquisition of LivingSocial.com, an online marketplace
for users to buy and share things to do in their city, serving as
President after the transaction. Prior to Groupon, he spent over
twelve years at Amazon, serving as General Manager for Amazon
Smile, Amazon Goldbox, the CRM program and all social media
channels. Additionally, he led product and engineering for Amazon’s
traffic and marketing organization. Mr. Hegde graduated with a
Bachelor of Engineering degree from National Institute of
Technology, Karnataka, India.
About Gannett
Gannett Co., Inc. (NYSE: GCI) is an innovative, digitally
focused media and marketing solutions company committed to the
communities in our network and helping them build relationships
with their local businesses. With an unmatched reach at the
national and local level, Gannett touches the lives of millions
with our Pulitzer-Prize winning content, consumer experiences and
benefits, and advertiser products and services. Its portfolio
includes the USA TODAY, local media organizations in 46 states in
the U.S. and Guam, and Newsquest, a wholly owned subsidiary with
over 140 local media brands operating in the United Kingdom.
Gannett also owns the digital marketing services companies
ReachLocal, Inc., UpCurve, Inc., and WordStream, Inc. and runs the
largest media-owned events business in the U.S., USA TODAY NETWORK
Ventures, formerly GateHouse Live. To connect with us, visit
www.gannett.com.
Cautionary Statement Regarding
Forward-Looking Statements
Certain items in this press release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including, but not
limited to, statements regarding our ability to execute our
operational and integration plans, and our strategy and
expectations. These statements are based on management’s current
expectations and beliefs and are subject to a number of risks and
uncertainties. These and other risks and uncertainties could cause
actual results to differ materially from those described in the
forward-looking statements, many of which are beyond our control.
The Company can give no assurance its expectations will be
attained. Accordingly, you should not place undue reliance on any
forward-looking statements contained in this press release. For a
discussion of some of the risks and important factors that could
cause actual results to differ from such forward-looking
statements, see the risks and other factors detailed from time to
time in the Company’s Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q, and other filings with the Securities and Exchange
Commission. Furthermore, new risks and uncertainties emerge from
time to time, and it is not possible for the Company to predict or
assess the impact of every factor that may cause its actual results
to differ from those contained in any forward-looking statements.
Such forward-looking statements speak only as of the date of this
press release. The Company expressly disclaims any obligation to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Company’s
expectations with regard thereto or change in events, conditions or
circumstances on which any statement is based.
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version on businesswire.com: https://www.businesswire.com/news/home/20210216005038/en/
For investor inquiries, contact: Ashley Higgins Investor
Relations 212-479-3160 investors@gannett.com
For media inquiries, contact: Stephanie Tackach Director,
Public Relations 212-715-5490 stackach@gannett.com
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