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Boston Globe Media CEO resigns due to 'differences' with John Henry

Alex Reimer
July 18, 2017 - 12:58 pm

There’s been a change at the top of the Boston Globe's masthead. Doug Franklin announced he’s resigning as CEO of Boston Globe Media, due to "disagreements" with owner John Henry on business strategy. The internal memo was published by Boston Business Journal.

Franklin, who describes himself as a “strategic change leader” on LinkedIn, served in the role for six months. He replaced embattled CEO Mike Sheehan, who stepped down in January after presiding over the Globe’s home-delivery catastrophe last winter. 

"While John Henry and I share similar passion and vision for the Globe, we have our differences how to strategically achieve our financial sustainability," Franklin wrote. "With disappointment, I am resigning from the Globe, effective immediately, and will not be part of your work shaping the Globe's future." 

Though John Henry’s wife, Linda Pizzuti Henry, has taken on an enhanced role at the Boston Globe –– she was the driving force behind the company’s decision last year to lay off nearly all of Boston.com’s editorial staff –– the reclusive billionaire has largely stayed away from the newsroom since purchasing the paper for $70 million in 2013. An unnamed former Boston Globe employee told Boston Magazine recently that John Henry would “be away from the office for weeks at a time.” 

But Henry's management style could be changing. In an email sent Tuesday to Globe staff, Henry vowed to become a "more active publisher." The Globe will name Politico chief financial officer Vinay Mehra as its new president and CFO.

Author's note: this post has been updated to include Henry's email. 

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