Business News

Wolfzorn Retires as Scripps Treasurer

Tuesday 16. June 2009 - E. John Wolfzorn will conclude his 36-year tenure with The E.W. Scripps Company (NYSE:SSP) when he retires on June 30, 2009.

Wolfzorn has been the company’s treasurer since 1979, and he picked up additional financial management responsibilities when he was named a corporate vice president in 2002. He has been responsible for managing the company’s debt portfolio, banking relationships and the company’s cash- and risk-management functions in addition to oversight responsibility for the company’s pension fund investments.

He will continue in his role as treasurer of the Scripps Howard Foundation.

He joined the company in 1973 as a financial analyst and was promoted to assistant treasurer in 1975. Before joining Scripps, he was with the accounting firm of Haskins & Sells (now Deloitte & Touche LLP).

“John’s financial skills and business intuition have served Scripps well for more than three decades,” said Rich Boehne, president and chief executive officer of Scripps. “His leadership and discernment have helped us grow and expand, while at the same time protecting our good financial health.”

Timothy E. Stautberg, the company’s senior vice president and chief financial officer, will assume the additional title and responsibilities of corporate treasurer effective July 1.