Trib CEO to Jump Before Being Pushed Out

Weeks after the New York Times detailed the raucous behavior of Tribune CEO Randy Michaels, he is reported to be resigning. The Times article described a boys club atmosphere created by Michaels and his chief innovation officer, Lee Abrams, at the bankrupt newspaper and TV company. Abrams was recently fired, but the Tribune's board, which met yesterday, was apparently not satisfied that enough had been done to right the ship, reports the Los Angeles Times.

In addition to childish pranks such as aiming laser pointers at pedestrians in front of the iconic headquarters, Michaels and members of his team were accused of making sexist and lewd remarks to women both within and outside the Tribune building. Read the full article. (More Randy Michaels stories.)