SAN FRANCISCO – San Francisco Examiner editor and publisher Ted Fang has been ousted by his mother, who says she will take over the job.
Florence Fang issued a four-paragraph statement saying she will become the newspaper's publisher while Ted Fang remains on the newspaper's board of directors, the San Francisco Chronicle reported Saturday morning. The Examiner is an afternoon newspaper.
"Ted will continue to have the opportunity to consult and advise us on strengthening our businesses, and at the same time be free to pursue other interests," Florence Fang wrote in the statement.
Florence Fang is chairwoman of the Examiner's corporate parent and the family business, ExIn LLC.
Messages left Friday and Saturday by The Associated Press for Ted Fang at the Examiner and at his office at the San Francisco Independent, another Fang family paper, as well as with his attorney, Darrell Salomon, were not immediately returned.
The Fangs acquired the Examiner's name and some other assets last year from the Hearst Corp. for a token amount in a deal that also included a subsidy from Hearst of up to $67 million over three years. Hearst had to give up the paper it founded in 1887 to satisfy antitrust concerns raised by its purchase of the Chronicle.
Ted Fang vowed to preserve a "second daily newspaper voice for the city," though the paper has lost readers to the Chronicle during the first year of his management. During the first month, the paper dismissed its managing editor, replaced its executive editor and saw its editorial page editor resign.
The paper also is being sued by seven construction companies that installed the paper's newsroom in a Fang family-owned building. The contractors say they haven't been paid, and have filed more than $1.4 million in liens against ExIn LLC, the Chronicle reported.
Examiner Executive Editor Zoran Basich told the Chronicle the newspaper is "on budget and doing well."
The Fang family also publishes AsianWeek and several free papers in the Bay Area.