Justin Dearborn, formerly CEO of medical imaging company Merge Healthcare, has been appointed as Tribune Publishing’s CEO and director, effective immediately.
In October 2015, IBM acquired Merge Healthcare for $1 billion.
“I believe Tribune Publishing has a significant opportunity to leverage technology to increase the value of its content and distribution channels,” Mr. Dearborn said in a statement announcing the leadership change. “Although this is a different medium than my last technology company, it has the same challenge on how to create the highest value for our content.”
Mr. Dearborn succeeds Jack Griffin, who served as Tribune Publishing’s CEO for less than two years, reports The Wall Street Journal. He was ousted from the chief executive position just weeks after helping secure a $44.4 million investment in the media company from Chicago businessman Michael Ferro. With the purchase of more than 5.2 million shares of stock, Mr. Ferro became the largest shareholder in Tribune Publishing, reports the Chicago Tribune.
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