DALLAS, Nov. 13, 2023 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) announced today that Chris Patheiger has been named Chief Product and Innovation Officer effective January 2, 2024. Chris comes to DallasNews Corporation from Torstar Corporation, publisher of the Toronto Star, where he spent the last two years as Chief Product and Data Officer. Chris has over 13 years of senior executive experience leading product, data, technology, and marketing teams to create and commercialize digital products.
Katy Murray, President and Chief Financial Officer of DallasNews Corporation, shared the following about Chris: “In this role, Chris will be responsible for product development, data analytics and ensuring our digital products are meeting the evolving needs of our customers. His deep experience in these areas and diverse background from multiple industries will be instrumental in driving our strategy to build a sustainably profitable digital media and marketing company. We are excited about Chris joining the Company and adding someone with his skills and talent to the Management Committee.”
Chris and his family will be relocating from Toronto to Dallas in the first quarter of 2024 and when asked about his joining DallasNews Corporation he said, “DallasNews Corporation stands as a beacon of integrity, information and community in the Dallas–Fort Worth area. I'm excited to live and work in Dallas with this dynamic team,” said Patheiger. “The times require local news publishers to transform their businesses and accelerate their digital innovation roadmaps. DallasNews Corporation is committed to providing customers with the same world-class content powered by personalized and interactive digital experiences.”
About DallasNews Corporation
DallasNews Corporation is the Dallas-based holding company of The Dallas Morning News and Medium Giant. The Dallas Morning News is Texas’ leading daily newspaper with an excellent journalistic reputation, intense regional focus and close community ties. With offices in Dallas and Tulsa, Medium Giant is a full-service advertising agency dedicated to designing, creating and delivering stories that drive customers to act. For additional information, visit dallasnewscorporation.com or email invest@dallasnews.com.
Statements in this communication concerning DallasNews Corporation’s (the “Company”) business outlook or future economic performance, revenues, expenses, cash balance, investments, business initiatives, working capital, and other financial and non-financial items that are not historical facts are “forward-looking statements” as the term is defined under applicable federal securities laws. Words such as “anticipate,” “assume,” “believe,” “can,” “could,” “estimate,” “forecast,” “intend,” “expect,” “may,” “project,” “plan,” “seek,” “should,” “target,” “will,” “would” and their opposites and similar expressions are intended to identify forward-looking statements. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those statements. Such risks, trends and uncertainties are, in most instances, beyond the Company’s control, and include changes in advertising demand and other economic conditions; consumers’ tastes; newsprint and distribution prices; program costs; the success of the Company’s digital strategy; labor relations; cybersecurity incidents; and technological obsolescence. Among other risks, there can be no guarantee that the board of directors will approve a quarterly dividend in future quarters or that our financial projections are accurate, as well as other risks described in the Company’s Annual Report on Form 10-K and in the Company’s other public disclosures and filings with the Securities and Exchange Commission. Forward-looking statements, which are as of the date of this filing, are not updated to reflect events or circumstances after the date of the statement.
Contact:
Katy Murray
214-977-8869
Kmurray@dallasnews.com
