Tribune Co. named Timothy Ryan chief executive officer and publisher of the Baltimore Sun, replacing Rondra Matthews, who held the job for less than six months.
Ryan rejoins the Sun after two years at the Chicago Tribune, where he was vice president for circulation and marketing operations. He held a similar post at the Sun until February 2005, Chicago-based Tribune said today in a statement.
Matthews will step down to spend more time with her family on March 23, Tribune said. The switch comes as Tribune, the second-largest U.S. newspaper publisher, considers a sale or breakup. Matthews started at the Baltimore Sun on Oct. 1, after running Tribune's Daily Press Inc. in Newport News, Virginia, for six years.
Average weekday circulation at the Sun fell 4.5 percent to 236,172 at the end of the six-month period ending in September, according to the Audit Bureau of Circulations in Schaumberg, Illinois. Sunday circulation fell 9.1 percent to 380,701.
Shares of Tribune, also owner of the Chicago Cubs baseball team and 23 television stations, fell 1 cent to $29.05 at 4:02 p.m. in New York Stock Exchange composite trading. They have declined 5.6 percent this year.
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