TUPELO – Billy Crews, chairman and chief executive officer of Journal Inc., today announced the promotion of Clay Foster to publisher of the Northeast Mississippi Daily Journal.
Foster succeeds Crews, who has served as publisher since 1989 and will continue in his corporate positions.
“Clay is well prepared for this key role over the publishing division, which also includes our eight weekly newspapers,” Crews said. “In today’s business climate, timely operational and strategic leadership and decision-making is critical to our continued success. Clay is a strong, experienced leader who has worked closely with me to enhance the unique purpose of our media and development company during his 17-year tenure.”
Foster, 43, will remain president and chief operating officer of the total corporation.
He joined the Journal staff in 1992 as a computer systems expert, having worked previously as a systems engineer for Electronic Data Systems.
He has served as production manager, director of operations, interim advertising director and interim circulation director before being named COO in 2000 and parent company president in 2006.
Crews also announced that Executive Editor Lloyd Gray will take on additional responsibilities in the publishing division, providing content leadership for eight weekly newspapers owned by the Journal in addition to his editorial leadership role at the daily newspaper.
Gray joined the Journal in 1992 as editor of the daily newspaper.
In May of this year the Journal Board of Directors authorized a slight change in corporate names. The parent company name has changed to Journal Inc. from Journal Publishing Co. and its subsidiary company name is now Journal Logistics Inc., replacing Journal Enterprises.
“We are more than a newspaper publishing company; we are a multimedia company and a real estate company offering inventory management services,” said Crews.
In addition to daily and weekly newspapers, the company includes a growing interactive electronic media division with 11 regional and community Web sites. The company’s real estate holdings include 1 million square feet of industrial and commercial space.
Journal Inc. is a locally owned company whose stock was given to the CREATE Foundation in 1983 to ensure continued local control. Journal dividends are reinvested in Northeast Mississippi through CREATE to help improve the quality of life in the region, economically and educationally.
NEMS Daily Journal