Long-time Lee Enterprises, Inc. board member and former chairman Mary Junck, whose tenure was defined by taking on enormous corporate debt to buy the St. Louis Post-Dispatch in 2005, has retired.
Lee – the Davenport-based company that owns the QC Times, Daily Dispatch/Argus and some 70 other news outlets – did not issue a news release about her retirement. The change to the board membership, effective July 31, was contained in a required filing July 10 with the Security and Exchange Commission.
Junck was CEO when Lee purchased the St. Louis Post-Dispatch for $1.46 billion and took on the huge debt that the company is still struggling to repay today.
