Hollinger appoints financial chief
Hollinger International, the newspaper publisher formerly run by the disgraced media tycoon Conrad Black, filed a long-delayed annual report for 2004 and said it had named a new chief financial officer.
Hollinger also named January 24 next year as the date for its next annual meeting of shareholders.
The company said it expected to be up to date with its quarterly financial filings for this year by the end of 2005.
Hollinger, which is based in Chicago, said it had named Gregory Stoklosa, currently its vice president of finance, to be its chief financial officer, replacing Peter Lane, who will stay with the company as a vice president until the end of the year.
Lane had said in March he would leave the company as it moves its finance and accounting functions from Toronto to Chicago.
Stoklosa previously served as chief financial officer of R R Donnelley & Sons Co, a major printing company based in Chicago.
Hollinger has ben trying to move beyond a financial scandal which led to the ousting of Black as chairman and CEO after internal investigators accused him and others of looting the company.
Last month federal agents seized nearly $9m (€7.5m) in proceeds from the sale of Black’s apartment on Park Avenue in New York.
A judge in Chicago authorised the seizure with a warrant, saying Black had obtained the money through fraudulent means.
Black has not faced criminal charges, but his former lieutenant David Radler pleaded guilty in September to taking part in a scheme to divert $32m (€26.8m) from Hollinger. Radler has promised to cooperate in the probe, which is continuing.
