Timesline
By
Unknown
1881 The Los Angeles Times is founded by Nathan Cole Jr. and Thomas Gardiner. The next year their interests are sold to Harrison Gray Otis, who becomes the Times' first publisher.
1884 Times Mirror is incorporated.
1960 Otis Chandler becomes publisher, and the Times' ascent to the top tier of American newspapers begins.
1980 Chandler steps down.
1987 The Los Angeles Herald Examiner folds.
1989 Shelby Coffey III becomes editor of the Times.
Early 1990s Recession hits Southern California; the Times' advertising revenue and profits plummet.
1993 The Times wins a Pulitzer for coverage of L.A. riots the year before.
1994 Richard T. Schlosberg III becomes the Times' publisher.
APRIL 1995 The Times wins a Pulitzer for coverage of the 1994 Northridge earthquake.
JUNE 1995 General Mills executive Mark H. Willes, a newspaper neophyte, takes over as chairman, president and CEO of Times Mirror. Major cuts are implemented at the Times and elsewhere in the company. Times Mirror's stock price begins a dramatic upswing.
1996 Managing Editor George Cotliar retires and is succeeded by longtime foreign correspondent Michael Parks.
September 1997 Times Mirror announces Willes will become the Times' publisher after Schlosberg retires at age 53.
October 1997 Coffey resigns and is succeeded by Managing Editor Parks. Willes launches a bold restructuring of the business side, stressing a much closer relationship with editorial.
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