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This profile was last updated on 5/6/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Bruce Sagan

Wrong Bruce Sagan?

Owner

Herald
 
Background

Employment History

Board Memberships and Affiliations

50 Total References
Web References
Hyde Park Co-op Markets
www.hydepark.org, 6 May 2014 [cached]
Board members James Poueymirou, James Withrow and Mike Lowenthal pointed out the fiscal constraints of an insolvent institution that cannot get debtor-in-possession or a commercial loan, even with offers of help as large as Bruce Sagan's $500,000.
...
Not even the last-minute offer of a half-million-dollar loan by HydePark businessman and Herald owner Bruce Sagan would persuade the board, led by Board president Jim Poueymirou, to explore a $3.4 million loan offer by the National Cooperative Bank (NCB) [actually a term sheet].
...
Sagan expressed deep disappointment a the news. "54 years ago the manager of the Hyde Park Co-Op knocked on my door to ask me, a young newspaper reporter working downtown, if I would like to try to save the failing neighborhood newspaper, the Hyde Park Herald," Sagan said. "He promised that he would help support that effort to revitalize the community's newspaper. And he did. Monday I tried to return the favor."
For more than three hours, more than 70 members, including employees, urged the board to explore the loan option before making a final decision. Nominating committee head Jay Mulberry said ignoring the offer from Sagan was a criminal act of neglect.
...
"Bruce Sagan is offering $500,000, but he has 100,000 friends who have another $500,000. With an offer like that, something can really be done.
...
It was nice of Bruce Sagan to offer $500,000 on the day the U. of c. offer was to expire, but since the Co-Op president had been in touch with him for at least three weeks and explained the timing and deadlines the Board was facing, the offer can only be classified as a nice gesture, but too late.
...
The article went on to document the community meeting that preceded the Co-Op board's final vote and how the brave and valiant Bruce Sagan (who happens to be the Herald's owner and probably penned the article, which was mysteriously missing a byline), had promised a half a million to the Co-Op to save it.
Sadly, Sagan and his staff weren't the only ones who couldn't understand why anyone would want to put the Co-Op out of its miser.
Bruce Sagan, Secretary & ...
www.cplfoundation.org, 23 April 2014 [cached]
Bruce Sagan, Secretary & Treasurer Publisher, Herald Newspapers, Inc.
Graham Foundation > About > Board of trustees
www.grahamfoundation.org, 19 June 2014 [cached]
Bruce Sagan
WRAPPORTS
posttrib.suntimesmediaholdings.com, 21 Feb 2013 [cached]
Bruce Sagan
Owner and Publisher, Hyde Park Herald
Bruce Sagan has been publisher of the Hyde Park Herald for 58 years. He has spent more than half a century reporting, writing and publishing for and about the neighborhoods and communities of the Chicago area. During his journalism career he has published newspapers in four states, been a partner of the English company that publishes the Financial Times, worked with The New York Times on developing their national edition and started a regional daily newspaper in the Chicago suburbs. A past president of the Illinois Press Association, Mr. Sagan was a founding director of the Suburban Newspapers of America. He has been a consultant to The Washington Post and Media General. Most recently, Mr. Sagan worked at Northwestern University's Medill School of Journalism on revising the curriculum for the 21st century. Mr. Sagan has served as vice chairman of the Chicago Public Library Board, chairman of the Illinois Arts Council, chairman of the Illinois Housing Development Authority, and secretary of the Chicago Housing Authority. He is on the board of directors of the Steppenwolf Theater Company, the Joffrey Ballet, the Chicago Public Library Foundation and the Graham Foundation for Advanced Studies in the Fine Arts.
Contacts
hpherald.com, 9 Aug 2014 [cached]
Bruce Sagan
773-358-3126 b.sagan@hpherald.com
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