FALSE000007169100000716912023-11-132023-11-13
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 13, 2023
The New York Times Company
(Exact name of registrant as specified in its charter)
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| New York |
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1-5837 |
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13-1102020 |
(State or other jurisdiction
of incorporation) |
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(Commission
File Number) |
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(I.R.S. Employer
Identification No.) |
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620 Eighth Avenue, |
New York, |
New York |
10018 |
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(Address and zip code of principal executive offices) |
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Registrant’s telephone number, including area code: (212) 556-1234
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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| Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
| Class A Common Stock |
NYT |
New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On November 13, 2023, the Board of Directors (the “Board”) of The New York Times Company (the “Company”) appointed Anuradha B. Subramanian to the Board and named her to the Board’s Audit Committee and Finance Committee. A copy of the Company’s press release, dated November 13, 2023, announcing Ms. Subramanian’s appointment to the Board is attached as Exhibit 99.1 to this Form 8-K and is incorporated by reference herein.
Ms. Subramanian will receive the same compensation that is provided from time to time to the Company’s other non-employee directors, including a grant of restricted stock units for the Company’s Class A common stock, with a grant date value of $78,000, representing a prorated amount of the restricted stock units granted to the Company’s non-employee directors on April 26, 2023.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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| Exhibit Number |
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Description |
| Exhibit 99.1 |
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Exhibit 104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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THE NEW YORK TIMES COMPANY |
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Date: November 13, 2023 |
By: |
/s/ Michael A. Brown |
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Michael A. Brown |
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Vice President, Assistant General Counsel and Corporate Secretary |
EX-99.1
2
pressrelease11132023.htm
EX-99.1
Document
Anuradha Subramanian Joins The New York Times Company Board of Directors
NEW YORK - Nov. 13, 2023 - The New York Times Company announced today that Anuradha (Anu) B. Subramanian, chief financial officer of Bumble Inc., has been appointed to its board of directors.
“I am pleased to welcome Anu to our board. She brings two decades of experience in key financial roles at a variety of public consumer and media companies. Her vast experience will be invaluable as we pursue our global ambitions to become the essential subscription for every curious English-speaking person seeking to understand and engage with the world,” said A.G. Sulzberger, chairman of The New York Times Company.
Ms. Subramanian, 42, joined Bumble in 2020. Previously, she was the chief financial officer of digital at Univision Communications Inc. Ms. Subramanian served as chief financial officer, digital at VICE Media in 2017. From 2010 to 2017, she served in various roles at Scripps Networks Interactive, including most recently as the head of finance, digital. Prior to Scripps Networks, Ms. Subramanian worked in investment banking at Citi as part of the media and telecom group. She began her career at Ernst & Young in the assurance division.
Ms. Subramanian holds an M.B.A. from the Yale School of Management and a Bachelor of Commerce (Honors) from Delhi University and is a chartered accountant in India.
About The New York Times Company
The New York Times Company (NYSE: NYT) is a trusted source of quality, independent journalism whose mission is to seek the truth and help people understand the world. With more than 10 million subscribers across a diverse array of print and digital products — from news to cooking to games to sports — The Times has evolved from a local and regional news leader into a diversified media company with curious readers, listeners and viewers around the globe. Follow news about the company at NYTCo.com.
Media: Danielle Rhoades Ha, 212-556-8719, danielle.rhoades-ha@nytimes.com
Investors: Anthony DiClemente, 212-556-7661, anthony.diclemente@nytimes.com
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