Michael  Reed net worth and biography

Michael Reed Biography and Net Worth

CEO of USA Today

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 $18.59 million as of May 5th, 2025. Reed owns 3,134,722 shares of USA Today stock worth more than $18,588,901 as of February 24th. 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 USA Today. 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 USA Today. Learn More on Michael Reed's age.

What is Michael Reed's salary?

As the CEO of USA Today Co., 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 USA Today executives is 7950 Jones Branch Drive, McLean VA, 22107. USA Today 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 USA Today?

Michael Reed has not been actively trading shares of USA Today during the last ninety days. Most recently, on Monday, May 5th, Michael Reed bought 27,000 shares of USA Today 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 USA Today's active insiders?

USA Today's insider roster includes Michael Reed (CEO), and Laurence Tarica (Director). Learn More on USA Today's active insiders.

Are insiders buying or selling shares of USA Today?

During the last twelve months, USA Today 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 USA Today own 4.2% of the company. Learn More about insider trades at USA Today.

Information on this page was last updated on 5/5/2025.

Michael Reed Insider Trading History at USA Today

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/5/2025Buy27,000$3.25$87,750.003,134,722View SEC Filing Icon  
11/6/2023Buy60,000$2.01$120,600.003,304,323View SEC Filing Icon  
8/14/2023Buy80,000$3.29$263,200.003,244,323View SEC Filing Icon  
8/8/2022Buy500,000$2.44$1,220,000.001,836,335View SEC Filing Icon  
3/5/2020Buy100,000$3.85$385,000.00
See Full Table

Michael Reed Buying and Selling Activity at USA Today

This chart shows Michael Reed's buying and selling at USA Today by year and by quarter.

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USA Today Company Overview

USA Today logo
Gannett Co Inc. invests in, owns, and operates local media assets in the United States. The company's principal products include 125 daily newspapers with total paid circulation of approximately 1.4 million; 314 weekly newspapers with total paid circulation of approximately 315,000 and total free circulation of approximately 1.9 million; 124 shoppers with total circulation of approximately 3.0 million; and 538 locally-focused Websites, including Internet and mobile devices with approximately 224 million page views per month. Its principal products also comprise 2 yellow page directories with a total distribution of approximately 230,000 that cover a population of approximately 411,000 people; 68 business publications; and Propel digital marketing and business services. In addition, the company produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. Further, it provides print and online products that offer local market news and information on various topics comprising local news and politics, community and regional events, youth sports, opinion and editorial pages, local schools, obituaries, weddings, and police reports, as well as print and digital advertising products, as well as commercial printing and regional business-oriented publications services. The company reaches approximately 20 million people per week; and serves approximately 220,000 business customers. New Media Investment Group Inc. was founded in 1997 and is based in New York, New York.
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Today's Range

Now: $5.84
Low: $5.81
High: $6.04

50 Day Range

MA: $5.44
Low: $4.55
High: $6.22

2 Week Range

Now: $5.84
Low: $2.55
High: $6.36

Volume

1,125,873 shs

Average Volume

1,423,760 shs

Market Capitalization

$859.12 million

P/E Ratio

27.81

Dividend Yield

N/A

Beta

1.59