Business Context and Reporting Period
This Form 8-K Current Report is filed by The New York Times Company (NYSE: NYT) on September 9, 2026. The report discloses a material corporate governance event regarding the departure of a senior executive.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The primary material change disclosed is the announced departure of Jacqueline Welch, Executive Vice President and Chief Human Resources Officer. Her separation is effective January 1, 2027.
Outlook, Risks, and Unusual Items
Compensatory Arrangements: In connection with her departure, Ms. Welch is eligible for severance benefits under the Company's Executive Severance Plan, contingent upon executing a general release of claims and complying with restrictive covenants. Additionally, she has met the age and service requirements for "Retirement" under the 2020 Incentive Compensation Plan and is entitled to payments from long-term performance awards.
Risks and Contingencies: The filing does not disclose new material risks or contingencies beyond the standard conditions attached to the executive's severance package.
Investor Verification Checklist
- Confirm the exact effective date of Jacqueline Welch's departure (January 1, 2027).
- Review the specific terms of the Executive Severance Plan to understand the financial impact of the severance benefits.
- Verify the status of the Company's search for a replacement Chief Human Resources Officer.
- Check subsequent filings for any updates on the payout of long-term performance awards.