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Stock impact report

Washington Post publisher Will Lewis steps down days after massive layoffs gut the newspaper [CNN]

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: CNN
“After two years of transformation at The Washington Post, now is the right time for me to step aside,” Lewis wrote Saturday afternoon in a brief note to staff. “I want to thank Jeff Bezos for his support and leadership throughout my tenure as CEO and Publisher. The institution could not have a better owner.” “During my tenure, difficult decisions have been taken in order to ensure the sustainable future of The Post so it can for many years ahead publish high-quality nonpartisan news to millions of customers each day,” Lewis' note concluded. The Post said that CFO Jeff D'Onofrio, the former CEO of Tumblr who joined the Post in June, will take over as acting publisher and CEO, “effective immediately.” D'Onofrio wrote in a Saturday memo to staff that he is “honored to take the helm as acting Publisher and CEO to lead us into a sustainable, successful future with the strength of our journalism as our north star.” “The Post has an essential journalistic mission and an extraordina Show less Read more
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