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Gannett Announces Senior Leadership

November 20, 2019

MCLEAN, Va.--(BUSINESS WIRE)--Nov 20, 2019--

Gannett Co., Inc. (“Gannett”, the “Company”) (NYSE: GCI) announced today the senior leadership for the newly combined company.

As previously announced, Michael Reed will remain Chairman of the Board of Directors and Chief Executive Officer of the public company, Gannett Co., Inc., Alison Engel will serve as Chief Financial Officer of the public company, Gannett Co., Inc., and operating company, Gannett Media Corp (“Gannett Media”), and Paul Bascobert will serve as Chief Executive Officer of the operating company, Gannett Media. The following members of senior leadership will report to Paul, effective immediately:

“I am excited to announce our senior leadership team. Together we are moving quickly to integrate these two great organizations and drive our business model transformation,” said Paul Bascobert, Chief Executive Officer of Gannett Media. “The leaders of both GateHouse Media and Gannett were both very strong, offering complementary strengths and experiences that we have now combined to lead our Company moving forward. These are difficult decisions and I want to thank everyone from both companies for their hard work over these past few months.”

About Gannett

Gannett Co., Inc. (NYSE: GCI) is an innovative, digitally focused media and marketing solutions company committed to strengthening communities across our network. With an unmatched reach at the national and local level, Gannett touches the lives of nearly 140 million people monthly with our Pulitzer-Prize winning content, consumer experiences and benefits, and advertiser products and services. Gannett brands include the USA TODAY and more than 260 daily local newspaper brands, digital marketing services companies ReachLocal, WordStream, and ThriveHive and U.K. media company Newsquest. Following the completion of their recent merger, starting November 20, 2019, New Media Investment Group Inc. trades on the New York Stock Exchange under Gannett Co., Inc. and its ticker symbol has changed to “GCI”. To connect with us, visit www.gannett.com.

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 the expected benefits of the combined company. 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 that 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191120005206/en/

CONTACT: Ashley Higgins & Stacy Cunningham, Gannett Investor Relations

investors@gannett.com

(212) 479-3160

or

Media:

Chrissy Terrell, Gannett Public Relations

pr@gannett.com

or

Jonathan Gasthalter/Nathaniel Garnick

Gasthalter & Co.

(212) 257-4170

KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA

INDUSTRY KEYWORD: MARKETING ADVERTISING COMMUNICATIONS TECHNOLOGY INTERNET PUBLISHING

SOURCE: Gannett Co., Inc.

Copyright Business Wire 2019.

PUB: 11/20/2019 06:45 AM/DISC: 11/20/2019 06:45 AM

http://www.businesswire.com/news/home/20191120005206/en