On October 14, 2019, R. Elaine Lintecum, the Chief Financial Officer (CFO) of The McClatchy Company, informed the Company that she plans to retire at the end of June 2020. The company expects to appoint Peter Farr, currently the company's Corporate Controller and Chief Accounting Officer, to be the Company's CFO, once Ms. Lintecum leaves her role as CFO which is expected to be in the first quarter of 2020. Ms. Lintecum plans to remain with the Company after serving as CFO to assist with an orderly transition and ensure an efficient and seamless integration.

In addition, on October 14, 2019, Mark Zieman, Vice President, Operations of the Company, informed the Company that he will leave the Company at the end of 2019. Mr. Zieman's role will not be replaced.