Executive from National Enquirer parent joins Postmedia board - 2016-10-19

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F94.png Executive from National Enquirer parent joins Postmedia board October 19, 2016, Vanessa Lu, Toronto Star

A top executive with the company that owns the National Enquirer has joined the board of Postmedia Network Inc. as part of a restructuring move to reduce the debt load of Canada's largest newspaper publisher.

Chatham Asset Management, a New Jersey-based hedge fund that now has an equity stake in Postmedia, asked American Media Inc. executive David Pecker to join Postmedia's board.

"Chatham is a common investor in Postmedia and American Media," said Pecker, whose AMI publications include Men's Fitness, Ok!, Globe and the National Enquirer.

Wikipedia cite:
{{cite news | first = Vanessa | last = Lu | title = Executive from National Enquirer parent joins Postmedia board | url = https://www.thestar.com/business/2016/10/19/executive-from-national-enquirer-parent-joins-postmedia-board.html | work = Toronto Star | date = October 19, 2016 | accessdate = November 24, 2019 }}