Michael Reed Biography and Net Worth

CEO of Gannett

Mr. Reed joined GateHouse Media, the predecessor company to New Media, in January of 2006 as Chief Executive Officer. He has also been a member of the board of directors since October 2006. Previously, Mr. Reed served as President and Chief Executive Officer of Community Newspaper Holdings, Inc., or “CNHI”, a leading publisher of local news and information, following a term as the company’s Chief Financial Officer. Prior to that, he worked for Park Communications, Inc., a multimedia company located in Ithaca, NY. Mike formerly served on several Boards of Directors, including the Newspaper Association of America, the Associated Press, where he was Chairman of the Audit Committee, the University of Alabama’s College of Communication and Information Sciences, and Gracy College Journalism School. Mr. Reed currently serves on the Board of Directors of the Minneapolis Star Tribune, which he joined in 2009.

What is Michael Reed's net worth?: The estimated net worth of Michael Reed is at least $14.26 million as of May 5th, 2025. Reed owns 3,134,722 shares of Gannett stock worth more than $14,262,985 as of December 4th. This net worth approximation does not reflect any other assets that Reed may own. Additionally, Reed receives an annual salary of $1,380,000.00 as CEO at Gannett. Learn More about Michael Reed's net worth.
How old is Michael Reed?: Reed is currently 58 years old. There are 4 older executives and no younger executives at Gannett. Learn More on Michael Reed's age.
What is Michael Reed's salary?: As the CEO of Gannett Co., Inc., Reed earns $1,380,000.00 per year. Learn More on Michael Reed's salary.
How do I contact Michael Reed?: The corporate mailing address for Reed and other Gannett executives is 7950 Jones Branch Drive, McLean VA, 22107. Gannett can also be reached via phone at 703-854-6000 and via email at [email protected]. Learn More on Michael Reed's contact information.
Has Michael Reed been buying or selling shares of Gannett?: Michael Reed has not been actively trading shares of Gannett in the last ninety days. Most recently, on Monday, May 5th, Michael Reed bought 27,000 shares of Gannett stock. The stock was acquired at an average cost of $3.25 per share, with a total value of $87,750.00. Following the completion of the transaction, the chief executive officer now directly owns 3,134,722 shares of the company's stock, valued at $10,187,846.50. Learn More on Michael Reed's trading history.
Who are Gannett's active insiders?: Gannett's insider roster includes Michael Reed (CEO), and Laurence Tarica (Director). Learn More on Gannett's active insiders.
Are insiders buying or selling shares of Gannett?: During the last twelve months, Gannett insiders bought shares 1 times. They purchased a total of 27,000 shares worth more than $87,750.00. The most recent insider tranaction occured on May, 5th when CEO Michael Reed bought 27,000 shares worth more than $87,750.00. Insiders at Gannett own 4.2% of the company. Learn More about insider trades at Gannett.
Information on this page was last updated on 5/5/2025.

Michael Reed Insider Trading History at Gannett

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/5/2025	Buy	27,000	$3.25	$87,750.00	3,134,722
11/6/2023	Buy	60,000	$2.01	$120,600.00	3,304,323
8/14/2023	Buy	80,000	$3.29	$263,200.00	3,244,323
8/8/2022	Buy	500,000	$2.44	$1,220,000.00	1,836,335
3/5/2020	Buy	100,000	$3.85	$385,000.00

Michael Reed Buying and Selling Activity at Gannett

Gannett Company Overview

Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The company's print offerings includes home delivery on a subscription basis; single copy; non-daily publications, such as shoppers and niche publications. It also provides digital-only subscription, including local media brands, USA TODAY NETWORK community events platform, magazines, sports, and games; and E-newspapers; and digital advertising and marketing services. In addition, the company offers digital news and media brands; daily and weekly newspapers; digital marketing solutions, such as online presence solutions, online advertising products, conversion software, and cloud-based software solutions; commercial printing and distribution services; and prints commercial materials, including flyers, business cards, and invitations. The company was formerly known as New Media Investment Group Inc. and changed its name to Gannett Co., Inc. in November 2019. Gannett Co., Inc. was incorporated in 2013 and is headquartered in McLean, Virginia.

Today's Range

Now: $4.55

$4.50

$4.69

50 Day Range

MA: $4.34

$3.50

$5.28

2 Week Range

Now: $4.55

$2.55

$5.69

Volume

2,164,584 shs

Average Volume

3,135,040 shs

Market Capitalization

$669.35 million

P/E Ratio

21.67

Dividend Yield

N/A

Beta

2.55

Michael Reed Biography and Net Worth

What is Michael Reed's net worth?

How old is Michael Reed?

What is Michael Reed's salary?

How do I contact Michael Reed?

Has Michael Reed been buying or selling shares of Gannett?

Who are Gannett's active insiders?

Are insiders buying or selling shares of Gannett?