Tribune CEO Randy Michaels resigns amidst ‘raunchy behavior tales’
October 25th, 2010 - 9:08 pm ICT by Aishwarya Bhatt
Chicago, Oct 25 (THAINDIAN NEWS) Tribune Company CEO Randy Michaels has been forced to resign from the company as tales of his raunchy behavior mounted. There were numerous reports that he used to engage in ‘raunchy behavior’ in the company and as a result the media reports about the company portrayed Randy in an unflattering light and so he had no option but to step down from his position.
He had joined at the top post of the company just 10 months ago, and with his resignation on Friday, his short reign as the CEO of the Tribune Company came to an untimely halt. After bidding goodbye to Randy, now Tribune needs to focus on how to come out of bankruptcy and emerge as a media leader once again, instead of being shadowed with a raunchy leader at the helm in the form of Randy Michaels.
Tribune is also the owner of Chicago Tribune, Los Angeles Times and some TV stations as well (19 to be precise). The top officials are about to file their latest blueprint to end the 2-year bankruptcy that the company had faced in the recent times.
The main reason why Randy Michaels could have resigned might be because of the media spotlight that came on him, after The New York Times did a front page exclusive on his raunchy management ways, almost a fortnight ago.
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