leadership
confidence high
sentiment neutral
materiality 0.60
Lee Enterprises CFO Tim Millage resigns to become church pastor; effective Feb 28, 2026
LEE ENTERPRISES, Inc
- CFO Tim Millage will resign effective Feb 28, 2026, to become Executive Pastor at Coram Deo Bible Church.
- Millage will provide consulting through May 31, 2026; separation includes 26 weeks severance and vesting of unvested stock awards.
- Company has initiated a search for a new CFO; Mowbray thanks Millage for his leadership.
- Departure is voluntary and not due to any disagreement with company operations or policies.
- Millage will continue receiving full compensation through consulting period; indemnification survives.