Hearst Corporation

From Free net encyclopedia

The Hearst Corporation is a large privately-held media conglomerate based in New York City. Founded by William Randolph Hearst as an owner of newspapers, the company's holdings now include a wide variety of media. The Hearst family is involved in the ownership and management of the company.

1 Trustees of William Randolph Hearst's will (2003)
2 Assets
3 Competitors
4 External links

[edit]

Trustees of William Randolph Hearst's will (2003)

Under William Randolph Hearst's will, a common board of thirteen trustees--five family members and eight outsiders--administers the Hearst Foundation, the William Randolph Hearst Foundation, and the trust that owns (and selects the 21-member board of) the Hearst Corporation. The foundations shared ownership until tax law changed to prevent this. The present trustees are:

George Randolph Hearst Jr., chairman of Hearst Corporation and president of the Hearst Foundation
Victor F. Ganzi, president and chief executive officer of the Corporation
Frank A. Bennack Jr., vice chairman and longtime former president and chief executive of the Corporation
William Randolph Hearst III, president of the William Randolph Hearst Foundation
John Randolph Hearst Jr., an officer and director of the corporation
Virginia Hearst Randt, daughter of late former chairman Randolph Apperson Hearst
Anissa Bouadjakdji Balson, granddaughter of David Whitmire Hearst Sr.
Richard E. Deems, former head of Hearst Magazines, now a consultant
Gilbert C. Maurer, succeeded Deems as head of Hearst Magazines, then preceded Ganzi as executive vice president and chief operating officer under Bennack, now a consultant
Raymond J. Petersen, longtime executive vice president of Hearst Magazines, retains title but largely inactive
Mark F. Miller, executive vice president of Hearst Magazines (retiring late 2005)
John G. Conomikes, vice president of Corporation, oversees broadcast interests
Harvey L. Lipton, lawyer and former vice president and Secretary of the Corporation