New Media Investment Group Inc. and Gannett Co., Inc. announced the expected members of the Board of Directors for the combined company, effective upon completion of the proposed acquisition of Gannett by New Media. The Board will have nine members, including Michael Reed as Chairman, five independent directors from New Media, and three directors from Gannett: Michael Reed, Chairman & Chief Executive Officer – Mr. Reed will serve as Chairman of the Board. He has served as the Chief Executive Officer of New Media since its spin-off in 2014 and served in the same capacity for its predecessor company, GateHouse Media, Inc. (“GateHouse”), dating back to January 2006.

Kevin Sheehan, Lead Independent Director – Mr. Sheehan has a more than 30-year career leading large corporations, including as Chief Executive Officer and Chief Financial Officer of publicly traded companies. Mayur Gupta, Independent Director – Mr. Gupta is the Chief Marketing Officer at Freshly. Theodore Janulis, Independent Director – Mr. Janulis served in executive leadership roles across financial services companies for over twenty years, including CRT Greenwich LLC, Aurora Bank FSB and Lehman Brothers.

John Jeffry Louis, Independent Director – Mr. Louis has served as Chairman of Gannett's Board of Directors (the “Gannett Board”) since Gannett's spin-off in June 2015. Maria Miller, Independent Director – Ms. Miller has a more than 30-year career in innovative marketing and digital communications. She brings marketing and communications leadership spanning a diverse set of industries, including consumer products, financial services, e-commerce, travel, hospitality and cruising.

She joined the New Media Board in October 2019. Debra Sandler, Independent Director – Ms. Sandler has served as the chair of the Gannett Board's Nominating and Public Responsibility Committee since Gannett's spin-off in June 2015. Laurence Tarica, Independent Director – Mr. Tarica was President and Chief Operating Officer of Jimlar Corporation, one of the oldest footwear companies in America, until its sale in 2010.

Barbara Wall, Director – Ms. Wall has served as the Chief Legal Officer of Gannett since its spin-off in June 2015 and also served as its interim Chief Operating Officer in 2019.