Correction: Lee Enterprises-CFO story

AP News
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Posted: Jan 19, 2015 12:19 PM

DAVENPORT, Iowa (AP) — In a story Jan. 17 about the retirement of Lee Enterprises Chief Financial Officer Carl Schmidt, The Associated Press erroneously reported based on a statement from Lee Enterprises that his former employer, Johnson Outdoors, is a component of the SC Johnson Group. Johnson Outdoors is a company owned by the Johnson family. SC Johnson is also owned by the Johnson family, but the companies are not affiliated.

A corrected version of the story is below:

Lee Enterprises announces CFO Carl Schmidt to retire

Lee Enterprises announces Chief Financial Officer Carl Schmidt to retire later this year

DAVENPORT, Iowa (AP) — Lee Enterprises Inc. has announced that its chief financial officer will retire later this year.

Carl G. Schmidt informed the company, which publishes of the St. Louis Post-Dispatch and other newspapers, he plans to retire July 1. Schmidt is the vice president, chief financial officer and treasurer.

Lee Enterprises chairwoman and CEO Mary Junck says a search for a successor has begun.

The 58-year-old Schmidt joined Lee in 2001. He was previously senior vice president, chief financial officer, secretary and treasurer of Johnson Outdoors.

He began his career in 1978 as a certified public accountant at the KPMG LLP accounting firm in Milwaukee, Wisconsin, becoming a partner in 1988.