Tribune Company today announced
that its Board of Directors has elected Bruce Karsh as Chairman of the Board
and Peter Liguori as Chief Executive Officer. The appointments are
effective immediately. The company also announced that former Chief
Executive Officer Eddy Hartenstein will continue to serve as Publisher of the
Los Angeles Times and CEO of the Los Angeles Times Media Group, and will act as
special advisor to the Office of the CEO.
Since 1995, Karsh has served as President and co-founder of Oaktree Capital
Management, L.P., formerly Oaktree Capital Management, LLC, a Los Angeles-based
investment management firm. Liguori most recently served as Chief Operating Officer of Discovery Communications. Before joining Discovery in 2009, he served as Chairman of Entertainment for the Fox Broadcasting Company. Prior to assuming that position in 2005, Liguori was president and CEO of News Corp.’s FX Networks since 1998.