BNET Industries

Market Cap:$1.8B
Last Fiscal Year Sales:$372.2M
  • Public
  • US
Dow Jones Description

Sun-Times Media Group, Inc. is dedicated to being the premier source of local news and information for the greater Chicago area. Its media properties include the Chicago Sun-Times and Suntimes.com as well as newspapers and Web sites serving more than 200 communities across Chicago.

President & Chief Executive Officer
Cyrus F. Freidheim Jr.
Number of Employees 2,569
Contact Information

350 North Orleans 10-S

Chicago, Illinois 60654-1771

www.thesuntimes...

(312) 321-2299

NAICS Code Newspaper Publishers: 511110

Recent Events

  • Sun-Times Media names John Barron group publisher

    11/20/09 - Mgmt. Change Entering - Other - View Story

  • Sun-Times Hires John Barron As Group Publisher And SVP, News/Editorial - Quick Facts

    11/20/09 - Mgmt. Change Entering - Vice President - View Story

  • Mesirow Financial invests in green-building supplier Serious Materials

    11/07/09 - Merger / Acquisition - View Story

  • Sun-Times Media Holdings acquires assets of Sun-Times Media Group

    10/27/09 - Joint Venture / Alliance - View Story

  • Bankruptcy Judge OKs Sun-Times Media Group Sale

    10/08/09 - Merger / Acquisition - View Story

  • Hedge Fund Manager Blocked From Bidding On Newspaper

    10/07/09 - Merger / Acquisition - View Story

  • Sun-Times Media Group: Deadline for other bidders is Monday: Publisher, unions will soon learn if...

    10/04/09 - Merger / Acquisition - View Story

  • Sun-Times bid deadline looms Monday

    10/03/09 - Bankruptcy Filings - View Story

  • Mesirow buys into Serious Materials financing

    9/30/09 - Merger / Acquisition - View Story

  • Sun-Times News Group Enters into Printing Agreement with Journal Communications

    9/22/09 - Joint Venture / Alliance - View Story

  • Sun-Times, Journal Sentinel in printing agreement

    9/21/09 - Joint Venture / Alliance - View Story

  • Sun-Times, Journal Sentinel in printing agreement

    9/21/09 - Joint Venture / Alliance - View Story

  • Group led by ISU alumnus to bid for Sun-Times

    9/11/09 - Merger / Acquisition - View Story

  • Sun-Times Media announces pay cuts

    9/10/09 - Merger / Acquisition - View Story

  • Sun-Times Media to cut pay for nonunion workers

    9/09/09 - Merger / Acquisition - View Story

  • UPDATE 2-Sun-Times bidder says union vote threatens plans

    9/16/09 - Merger / Acquisition - View Story

News & Analysis

chicago and sun-times media group inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Cyrus F. Freidheim Jr. President & Chief Executive Officer
Rick Surkamer Coo
Thomas L. Kram Controller & Chief Accounting Officer
William Barker Senior Vice President, Finance
Fred Lebolt Vice President, New Media
James R. McDonough General Counsel, Secretary & Vice President
James R. Van Horn General Counsel, Vice President & Secretary
Paul B. Healy Vice President, Investor Relations
Peter K. Lane Vice President
Jason Palmquist Hubbard Street Dance Chicago's New Executive Director, Taking
Hunt Kingsbury Director, Marketing Analysis
Hedy Weiss Theater and Dance Critic
Dennis M. Byrd Treasurer

Board of Directors

Name (plus bio) Position
Raymond G.H. Seitz Chair of Board
Albrecht W.A. Bellstedt Board of Directors
Brent D. Baird Board of Directors
Edward C. Hannah Board of Directors
G. Wesley Voorheis Board of Directors
Gordon A. Paris Board of Directors
Graham W. Savage Board of Directors
Herbert A. Denton Board of Directors
Peter Dey Board of Directors
William E. Aziz Board of Directors

Mr. Freidheim was appointed as the Sun-Times Media Group President and Chief Executive Officer in November 2006. From 2002 to 2004, Mr. Freidheim was Chairman, President and Chief Executive Officer of Chiquita Brands International Inc., a major producer, marketer and distributor of fresh produce. From 1990 to 2002, Mr. Freidheim was Vice Chairman at Booz Allen & Hamilton International, a management consulting firm, in Chicago, Illinois, having joined Booz Allen & Hamilton International in 1966. Mr. Freidheim currently serves as a director of Allegheny Energy Inc., which is a United States public reporting company. Mr. Freidheim received a B.S. in Chemical Engineering from the University of Notre Dame, an MBA from Carnegie Mellon University, a Ph.D. (Honorary) in International Law from Thunderbird, The Garvin School of International Management (of which he is Former Chairman) and served as an officer in the U.S. Navy for four years prior to attending graduate business school. He has served on several corporate boards including, HSBC Finance Corporation and SITEL Corporation. Mr. Freidheim is a trustee of the Brookings Institution, the Chicago Council of Global Affairs, the Chicago Symphony Orchestra, Rush University Medical Center, and is a member of the Commercial Club of Chicago, the Economics Club and the Council of Foreign Relations (New York).

Organization Position Status
Sun-Times Media Group Inc. President & Chief Executive Officer Current
Chicago Symphony Orchestra Trustee Current
Rush University Medical Center Trustee Current
Sun-Times Media Group Inc. Board of Directors Current
Chicago Council Board of Directors Current
The Brookings Institution Board of Trustees Current
Allegheny Energy, Inc. Board of Directors Current
Commercial Club of Chicago Member Current
Chiquita Brands International, Inc. Chief Executive Officer Former
Chiquita Brands International, Inc. President Former
Chiquita Brands International, Inc. Chairman Former
Allegheny Energy, Inc. Nominating & Governance Committee Chairman Former
SITEL Corporation Chairman Former
Thunderbird School of Global Management Chairman Former
SITEL Corporation Director Former
Chiquita Brands International, Inc. Board of Directors Former
HSBC Finance Corporation Board of Directors Former
Booz Allen Hamilton, Inc. Vice Chairman Former
Thunderbird School of Global Management Ph.D., International Law (Honorary) Former
Carnegie Mellon University M.B.A. Former
University of Notre Dame B.S., Chemical Engineering Former

Mr. Surkamer has served as the Chief Operating Officer of the Sun-Times News Group since September 2007 and was named President on February 10, 2009. Mr. Surkamer joined the Company in January 2007 as Vice President of Operations. Prior to joining the Sun-Times News Group, Mr. Surkamer was President and Chief Operating Officer of Rollex Corp., a manufacturer and distributor of building products based in Elk Grove Village, Ill. Mr. Surkamer began his career in newspapers with the Chicago Tribune, where he held a variety of managerial positions in circulation, distribution and production.

Organization Position Status
Sun-Times Media Group Inc. Coo Current

Mr. Kram was promoted to Senior Vice President, Finance, and Chief Financial Officer on March 11, 2009. He joined the Company in July 2004 as Controller and became Controller and Chief Accounting Officer in January 2006. Mr. Kram had previously worked for Budget Group, Inc., where he was Vice President and Controller.

Organization Position Status
Sun-Times Media Group Inc. Controller & Chief Accounting Officer Current

Organization Position Status
Sun-Times Media Group Inc. Senior Vice President, Finance Current

Organization Position Status
Sun-Times Media Group Inc. Vice President, New Media Current

Mr. McDonough was promoted to Chief Administrative Officer on February 10, 2009 and has been General Counsel and Secretary since December 29, 2006. He joined the company in January 2005 as Assistant General Counsel and Chief Counsel of the company's Chicago Group, which includes the Chicago Sun-Times. Mr. McDonough was formerly a corporate partner in the Chicago office of Gardner Carton & Douglas LLP.

Organization Position Status
Sun-Times Media Group Inc. General Counsel, Secretary & Vice President Current

Organization Position Status
Sun-Times Media Group Inc. General Counsel, Vice President & Secretary Current

Organization Position Status
Sun-Times Media Group Inc. Vice President, Investor Relations Current

Organization Position Status
Sun-Times Media Group Inc. Vice President Current

Jason Palmquist, 35, has just been selected as Hubbard Street Dance Chicago's new executive director, taking over for Gail Kalver, who will leave the company after 23 years.

Organization Position Status
Sun-Times Media Group Inc. Hubbard Street Dance Chicago's New Executive Director, Taking Current

Organization Position Status
Sun-Times Media Group Inc. Director, Marketing Analysis Current

Hedy Weiss has been Theater and Dance Critic of the Chicago Sun-Times since 1984, reporting on local, national and international productions, as well as a wide range of other subjects. Since 2002, she also has served as Theater and Dance Critic for "Chicago Tonight," the nightly news magazine on WTTW-Channel 11, Chicago's PBS station, and she is a frequent contributor to programs on WBEZ, the Chicago public radio station. A Contributing Editor to Dance Magazine, Weiss' work also has appeared in the London Observer, the Boston Globe, the Lincoln Center Playbill and many other publications. She has twice served on the Pulitzer Prize panel for Drama. Born in New York, Weiss graduated from Hunter College with a degree in English literature and art history, and early on pursued a career as a dancer and choreographer, with professional training at the Metropolitan Opera and Joffrey Ballet Schools. She moved to Chicago in 1980 and worked for four years as an assistant professor at the Theatre School of DePaul University before turning to full-time journalism.

Organization Position Status
Sun-Times Media Group Inc. Theater and Dance Critic Current
Chicago Sun Times Critic Current
The Metropolitan Opera Former
Hunter College of the City University of New York Former

Organization Position Status
Sun-Times Media Group Inc. Chair of Board Current

Organization Position Status
Sun-Times Media Group Inc. Board of Directors Current

Organization Position Status
Sun-Times Media Group Inc. Board of Directors Current

Mr. Byrd became Treasurer in November 2006, having joined Sun-Times Media Group in July 2006. Prior thereto, he was Corporate Treasurer at Global Home Products. From 2002 to 2005, Mr. Byrd was Director of Treasury Services at Sensient Technologies Corporation. For 16 years he worked at American National Can Company, which became American National Can Group in 1999. He was Vice President and Treasurer at American National Can Company from 1997 to 1999, and at American National Can Group from 1999 to 2000.

Organization Position Status
Sun-Times Media Group Inc. Treasurer Current

Organization Position Status
Sun-Times Media Group Inc. Board of Directors Current

Organization Position Status
Sun-Times Media Group Inc. Board of Directors Current

Organization Position Status
Sun-Times Media Group Inc. Board of Directors Current
Sun-Times Media Group Inc. Chairman, President & CEO Former
Wellsville Daily Reporter Chairman & CEO Former

Mr. Savage served for 21 years, including seven years as the Chief Financial Officer, at Rogers Communications Inc., a major Toronto-based media and communications company. Mr. Savage currently serves as Chairman of Callisto Capital LP, a merchant banking firm based in Toronto, and as a director and chairman of the audit committee of Canadian Tire Corporation, Limited, a Canadian public reporting company, and as a director of Cott Corporation, a United States public reporting company.

Organization Position Status
Sun-Times Media Group Inc. Board of Directors Current
Vitran Corporation, Inc. Board of Directors Current
Cott Corporation Board of Directors Current

Organization Position Status
Sun-Times Media Group Inc. Board of Directors Current

Organization Position Status
Sun-Times Media Group Inc. Board of Directors Current

Organization Position Status
Sun-Times Media Group Inc. Board of Directors Current

Executive News

  • Pioneer Press Closes Plant

    Graphic Arts Monthly - 9/04/09 - View Story

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     SVN $12.68 -0.23 (-1.78% )
Average Volume 886,273
Shares Outstanding 48.78M
Market Cap 618.5M
Year High 14.15
Year Low 0.34
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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