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LA Times CEO to Explore New Revenue Options

Austin Beutner, the civic leader and former Wall Street investment banker, is the new publisher and chief executive of the Los Angeles Times.

Beutner, 54, who served as first deputy mayor of Los Angeles for more than a year and briefly explored a run for mayor himself, succeeds Eddy W. Hartenstein as Times publisher.

Hartenstein said that he recommended Beutner for the position and that the board of Tribune Publishing Co., The Times’ new corporate parent, approved the appointment last week.

“I wanted to find someone who was clearly steeped and invested in the city, and who has the same belief that I do, which is that a democracy doesn’t work without a vibrant Fourth Estate,” said Hartenstein, who was publisher for six years.

Source: Los Angeles Times

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