This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Paul Carlucci Announces Retirement From News America Marketing

Stocks in this article: NWS NWSA

Paul V. Carlucci, Chairman and Chief Executive Officer of News America Marketing, announced today that he will retire next month, completing 23 years of service to News Corp.

Mr. Carlucci will be succeeded by Martin J. Garofalo, said Robert Thomson, Chief Executive of News Corp. Mr. Garofalo is currently President of News America Marketing.

“Paul has been a close confidant and trusted colleague for more than two decades, and his contributions to our company and the people we serve are incalculable,” said Rupert Murdoch, Executive Chairman of News Corp. “I am grateful for his friendship, his leadership, and his counsel through the years, and wish him all the best in the future.”

"A sincere 'Thank You' for all the opportunities that News Corporation management has given my colleagues and me over more than twenty years," said Mr. Carlucci. "The support, guidance and culture allowed us to build a business and to really enjoy the experience in the process. With the appointment of long term senior executive Marty Garofalo as CEO, I can honestly subscribe to Frank Sinatra's sentiment...'The Best Is Yet To Come!’''

“Paul leaves News America Marketing on a high, with a thriving business and a strong management team that is a monument to his leadership,” said Mr. Thomson. “Marty has vast experience in the sector, and creative and strategic thoughts for the expansion of our digital and international business.”

Mr. Carlucci joined News America FSI in June 1991 as Executive Vice President, Media and was promoted to President in 1992. From 1995 to 1997, he was President and Chief Executive Officer of News America Publishing (parent company to News America Marketing, TV Guide, Weekly Standard and News America New Media). In 1997 he was appointed Chairman and CEO of News America Marketing, and from 2005 to 2012 he was also Publisher of the New York Post. Prior to joining News Corporation, Mr. Carlucci worked at Caldor, Inc., R.H. Macy’s, Inc. and the New York Daily News.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs