e8vk
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): August 31, 2011
THE E.W. SCRIPPS COMPANY
(Exact name of registrant as specified in its charter)
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Ohio
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0-16914
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31-1223339 |
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.) |
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312 Walnut Street
Cincinnati, Ohio
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45202 |
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(Address of principal executive offices)
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(Zip Code) |
Registrants telephone number, including area code: (513) 977-3000
Not Applicable
(Former name or former address, if changed since last report.)
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
THE E.W. SCRIPPS COMPANY
INDEX TO CURRENT REPORT ON FORM 8-K
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Item No. |
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Page |
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5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers
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3 |
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9.01
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Financial Statements and Exhibits
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3 |
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2
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.
Effective August 31, 2011, Timothy M. Wesolowski has been appointed as the Companys Senior Vice
President, Chief Financial Officer and Treasurer. The press release announcing his appointment and
providing certain required information is filed as an exhibit hereto. Mr. Wesolowskis annual base
salary will be $340,000 with a 30% target bonus under the Companys 2011 annual incentive program.
In connection with his appointment, Mr. Wesolowski has been granted 24,968 time-based restricted
share units with an award value of approximately $200,000 effective September 1, 2011, under its
Long-Term Incentive Plan, which is described in the Companys most recent proxy statement.
Item 9.01 Financial Statements and Exhibits
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Exhibit |
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Exhibit No. |
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Description of Item |
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Incorporated |
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99.1 |
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Press release dated August 30, 2011
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99.1 |
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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 E.W. SCRIPPS COMPANY
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BY: |
/s/ Douglas F. Lyons
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Douglas F. Lyons |
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Vice President and Controller
(Principal Accounting Officer) |
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Dated: September 2, 2011
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exv99w1
Exhibit 99.1
Wesolowski named Scripps CFO, treasurer
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For immediate release
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(NYSE: SSP) |
August 30, 2011 |
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CINCINNATI Timothy M. Wesolowski, a financial executive with more than two decades of experience
managing accounting, treasury, tax and risk management functions, has been named senior vice
president, chief financial officer and treasurer of The E.W. Scripps Company, effective Aug. 31,
2011.
Wesolowski, 53, succeeds Tim Stautberg, who was named in June to be the companys senior vice
president of newspapers.
Tims broad experience across a variety of industries makes him a great addition to our team,
said Rich Boehne, Scripps president and CEO. We had a wealth of strong candidates, but Tim rose to
the top as the best financial executive for Scripps in this period of rapid transition for media
businesses.
Wesolowski most recently spent six years with Cincinnati-based Convergys Corporation, starting as
its treasurer before being promoted in 2006 to the position of senior vice president finance,
controller and treasurer. In 2010 he became chief financial officer of the companys Call Center
Division, an operation with $1.7 billion in revenues, where he co-led a business process
re-engineering project that significantly improved efficiency.
Prior to Convergys, Wesolowski was a business unit controller and financial director at Ameron
International in Dallas. From 1995 to 2002 he was with Valspar Corporation in Minneapolis, starting
as vice president and treasurer before serving three years as general manager and national sales
manager in the companys automotive group. He previously spent eight years as vice president and
assistant treasurer at Ecolab Corporation in Minneapolis, and six years in the finance and treasury
groups at B.F. Goodrich in Akron, Ohio.
Wesolowski received his bachelors degree in accounting and his masters of business administration
from Purdue University, and he serves on the board of trustees of the Greater Miami Valley YMCA. He
previously served on the boards of trustees of the Cincinnati New Markets Fund and Chatfield
College.
He and his wife, Debbie, live in Liberty Township, Ohio, and have two adult children.
The E.W. Scripps Company is a diverse media enterprise with interests in television stations and
newspapers. For a full listing of Scripps media companies and their associated Web sites, visit
http://www.scripps.com/.
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Contact Tim King, The E.W. Scripps Company, 513-977-3732
tim.king@scripps.com