It's not exactly a secret that the Sulzbergers are the hereditary monarchs of NYT. The latest one is both publisher of NYT and chairman of the board of NYT Co.
After a quick search to figure out where you got this silly idea that Carlos Slim runs NYT, class A stocks are publicly traded and account for 85% of ownership but only 30% of votes. Slim owns enough class A to make him the largest shareholder with 17% of the company, which gives a whopping 6% voting control. The other 15% of shares is class B with 70% of the votes, which comprises the entirety of the Ochs-Sulzberger Family Trust's 13% shares giving them 60% of the vote.
The CEO is a woman and the owner is a Christian. This is such a stretch.
It's not exactly a secret that the Sulzbergers are the hereditary monarchs of NYT. The latest one is both publisher of NYT and chairman of the board of NYT Co.
After a quick search to figure out where you got this silly idea that Carlos Slim runs NYT, class A stocks are publicly traded and account for 85% of ownership but only 30% of votes. Slim owns enough class A to make him the largest shareholder with 17% of the company, which gives a whopping 6% voting control. The other 15% of shares is class B with 70% of the votes, which comprises the entirety of the Ochs-Sulzberger Family Trust's 13% shares giving them 60% of the vote.