Author Image: Michael Oneal

Michael Oneal

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Peltz stirs the pot at Kraft

Irene Rosenfeld had hoped Wall Street would give her until 2009 to produce the results from $300 million to $400 million being spent to fix the underperforming brands of Kraft...
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Tribune Co. welcomes Zell to board; Chandlers exit

During an annual meeting more noteworthy for its symbolism than its substance, Tribune Co. Chief Executive Dennis FitzSimons welcomed Chicago billionaire Sam Zell to the Tribune board on Wednesday and...
Dennis FitzSimons, former chairman and CEO of the Tribune Co., in his office at Tribune Tower. Documents show that the company's top 38 managers received almost $150 million in payments triggered by the Tribune deal, including various incentive and severance packages, as well as restricted stock. FitzSimons alone walked away with a total of more than $40 million, including proceeds from stock holdings accumulated over his career at Tribune Co.

Tribune execs to share 8% cut

Tribune Co. executives stand to gain a windfall equal to 8 percent of the media giant's value after it goes private in an $8.2 billion transaction later this year, according...
Dennis FitzSimons, former chairman and CEO of the Tribune Co., in his office at Tribune Tower. Documents show that the company's top 38 managers received almost $150 million in payments triggered by the Tribune deal, including various incentive and severance packages, as well as restricted stock. FitzSimons alone walked away with a total of more than $40 million, including proceeds from stock holdings accumulated over his career at Tribune Co.

On the future, dealmaking and bad press

Sam Zell, the open-collared Chicago billionaire who is set to take control of the buttoned-down Tribune Co., surveyed the stately office of legendary Tribune figure Col. Robert R. McCormick and...
Dennis FitzSimons, former chairman and CEO of the Tribune Co., in his office at Tribune Tower. Documents show that the company's top 38 managers received almost $150 million in payments triggered by the Tribune deal, including various incentive and severance packages, as well as restricted stock. FitzSimons alone walked away with a total of more than $40 million, including proceeds from stock holdings accumulated over his career at Tribune Co.

On the future, dealmaking and bad press

Sam Zell, the open-collared Chicago billionaire who is set to take control of the buttoned-down Tribune Co., surveyed the stately office of legendary Tribune figure Col. Robert R. McCormick and...
chicagotribune default image

On the future, dealmaking and bad press

Sam Zell, the open-collared Chicago billionaire who is set to take control of the buttoned-down Tribune Co., surveyed the stately office of legendary Tribune figure Col. Robert R. McCormick and...
Dennis FitzSimons, former chairman and CEO of the Tribune Co., in his office at Tribune Tower. Documents show that the company's top 38 managers received almost $150 million in payments triggered by the Tribune deal, including various incentive and severance packages, as well as restricted stock. FitzSimons alone walked away with a total of more than $40 million, including proceeds from stock holdings accumulated over his career at Tribune Co.

Zell lands Tribune

After an epic corporate drama, Chicago's Tribune Co. will go private in a transaction that puts the 159-year-old media conglomerate in the hands of the city's most iconoclastic entrepreneur. The...
Dennis FitzSimons, former chairman and CEO of the Tribune Co., in his office at Tribune Tower. Documents show that the company's top 38 managers received almost $150 million in payments triggered by the Tribune deal, including various incentive and severance packages, as well as restricted stock. FitzSimons alone walked away with a total of more than $40 million, including proceeds from stock holdings accumulated over his career at Tribune Co.

Entrepreneur faces daunting challenge

Sam Zell likes to say a true entrepreneur has unending self-confidence?that he doesn't see risk, he sees only solutions. That might explain why the flamboyant Chicago real estate magnate believes...
Dennis FitzSimons, former chairman and CEO of the Tribune Co., in his office at Tribune Tower. Documents show that the company's top 38 managers received almost $150 million in payments triggered by the Tribune deal, including various incentive and severance packages, as well as restricted stock. FitzSimons alone walked away with a total of more than $40 million, including proceeds from stock holdings accumulated over his career at Tribune Co.

Zell’s zeal leads him to Tribune

Tribune Co.'s board of directors negotiated late into Sunday night on a deal aimed at handing control of the 159-year-old Chicago Tribune and other major media properties to maverick Chicago...