Newspaper publisher A.H. Belo Corp. said on Thursday that director Laurence E. Hirsch would not stand for re-election at the company's annual meeting on May 18.
The company said Hirsch is retiring after working as a director of its predecessor company since 1999. Belo Corp. spun off its newspapers in February 2008 into A.H. Belo Corp., which owns The Dallas Morning News, The Providence (R.I.) Journal, The Press-Enterprise in Riverside, Calif., and the Denton (Texas) Record-Chronicle.
The company also said it has named Louis E. Caldera as a director. He will stand for election at the annual meeting. Caldera had been a director at Belo Corp. as well as at A.H. Belo Corp. He stepped down from the board in 2009 after President Barack Obama appointed him as assistant to the president and director of the White House Military Office. He is currently a member of the Council on Foreign Relations.
Shares of A.H. Belo Corp. fell 17 cents, or 2.2 percent, to close Thursday at $7.59.