SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 12 or 15(d) of
The Securities Exchange Act of 1934
Date of Report: May 3, 2001
LEE ENTERPRISES, INCORPORATED
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(Exact name of registrant as specified in its charter)
Delaware 1-6227 42-0823980
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
215 N. Main Street, Davenport, IA 52801-1924
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(Address of principal executive offices) ZIP Code
(319) 383-2100
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(Registrant's telephone number, including area code)
Item 5. Other Events
On May 3, 2001 the Registrant issued the following press release announcing the
election of Carl G. Schmidt as Vice President, Chief Financial Officer and
Treasurer of the Registrant.
NEWS RELEASE
Carl Schmidt becomes CFO of Lee Enterprises
DAVENPORT, Iowa (May 3, 2001)-- Carl G. Schmidt has been elected vice president,
chief financial officer and treasurer of Lee Enterprises (NYSE: LEE).
Schmidt, 44, formerly was senior vice president and chief financial officer of
Johnson Outdoors Inc. in Racine, Wis., and a partner of a Big Five public
accounting firm in Milwaukee.
Mary E. Junck, Lee Enterprises president and chief executive officer, said
Schmidt brings a broad array of experiences and skills that will help Lee
sharpen its focus on expanding in newspaper publishing.
"He's a terrific addition to our team," she said. "He's a strategic thinker with
lots of ideas. Also, his background fits our needs very well, especially his
considerable experience in directing acquisitions."
She said he began his duties today at the corporate headquarters in Davenport.
Schmidt said he decided to apply for the job after doing extensive research of
Lee Enterprises and its people.
"And everything I've seen in the interview process has impressed me even more,"
he said. "Lee has an extremely strong financial position, and I'm convinced that
this is a dynamic company with exciting growth prospects. "
Schmidt grew up in Milwaukee, a son of Hungarian immigrants, and graduated from
Marquette University. He began his career in 1978 as a certified public
accountant at the accounting firm of KPMG, LLP, in Milwaukee. After a series of
promotions, he became a partner in 1988, responsible for audits, mergers and
acquisitions, public offerings and new business development.
He joined Johnson Outdoors Inc. in Racine in 1994 and served as senior vice
president and chief financial officer, secretary and treasurer beginning in
1995. Johnson Outdoors, a publicly traded $400 million spinoff of SC Johnson,
produces branded outdoor recreation products.
Schmidt and his wife, Janice, have two sons at the University of
Wisconsin-Madison and a son and a daughter at home.
Lee Enterprises owns 23 daily newspapers and a joint interest in five others.
Lee's daily newspapers include the Wisconsin State Journal in Madison, Wis.; the
Lincoln Journal Star in Lincoln, Neb.; the Quad-City Times in Davenport, Iowa,
and the Billings Gazette in Billings, Mont. Lee also owns more than 100 weekly
newspapers, shoppers and classified and specialty publications, along with
associated online services. Lee's stock is traded on the New York Stock Exchange
under the symbol LEE. More information about Lee Enterprises is available at
www.lee.net.
This news release contains certain forward-looking statements that are based
largely on the Company's current expectations and are subject to certain risks,
trends, and uncertainties that could cause actual results to differ materially
from those anticipated. Among such risks, trends, and uncertainties are changes
in advertising demand, newsprint prices, interest rates, regulatory rulings, and
other economic conditions and the effect of acquisitions, investments and
dispositions on the Company's results of operations or financial condition. The
words "believe," "expect," "anticipate," "intends," "plans," "projects,"
"considers," and similar expressions generally identify forward-looking
statements. Readers are cautioned not to place undue reliance on such
forward-looking statements, which are as of the date of this news release.
For further information, please contact: Daniel K. Hayes, Lee Enterprises
director of communications, dan.hayes@lee.net, (563) 383-2163.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
LEE ENTERPRISES, INCORPORATED
By: /s/ Mary E. Junck
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Mary E. Junck
President and Chief Executive Officer
Dated: May 3, 2001