Leonard P. Forman

Leonard P. Forman "retired as Executive Vice president and chief financial officer of The New York Times Company in December 2006. He was responsible for the management of all corporate financial functions, including the capital expenditure program, overseeing investor relations, the analysis of acquisition and divestiture candidates, the management of information technology, corporate communications and the Company's investment in two paper mills. He served on the Boards of the two paper mills.

"Mr. Forman was president and chief executive officer of The New York Times Company Magazine Group prior to its sale in April 2001. Previously, he served The New York Times Company as senior vice president of corporate development, new ventures and electronic businesses. Prior to returning to the Company in 1996, Mr. Forman spent 10 years working in television, online services, print media and advertising.

"In 1995 Mr. Forman served as president and chief executive officer of a Nynex/Newsday joint venture for an electronic service that ceased when both companies altered their electronic strategies. He then became a media consultant until he joined The Times Company.

"From 1992 until 1994, Mr. Forman was chief operating officer of the Newspaper Association of America (NAA), and from 1989 until 1992, he was president and chief executive officer of the Newspaper Advertising Bureau, which merged with NAA in 1992.

"Mr. Forman served as senior vice president operations at Telemundo, Inc., a Spanish language television company, from 1986 until 1989, and was responsible for all station and network operations, including the Network’s programming facility.

"Previously, he had been director of planning at The New York Times Company, from 1974 until 1986. He was a research economist at the Federal Reserve Bank of New York from 1973 until 1974. Mr. Forman also served as an adjunct professor of economics at Yale University Graduate School of Management in 1981 and as an assistant professor of economics at Fordham University Graduate School of Business in 1972 and 1973.

"Mr. Forman serves on two Boards as an outside director. He is a member of the Supervisory Board of Wolters Kluwer, one of the world's leading publishers and providers of information products and services. He is on the audit committee and is chairman of the selection and remuneration committee. He is also a member of the board of directors of TechTarget Inc., a targeted IT media company that is primarilly web-based.

"Mr. Forman has taught economics and management at Yale University, Queens College, Fordham University and Pace University.Born in New York City on June 7, 1945, Mr. Forman received a B.A. degree in economics from Queens College, City University of New York in 1967 and completed a Ph.D. dissertation in economics at New York University in 1975."


 * Advisory Board, Veronis Suhler Stevenson