Tribune Company’s board of directors voted yesterday to increase the company’s regular quarterly dividend from $.11 to $.12. The dividend is payable on Mar. 11, 2004, to shareholders of record at the close of business Feb. 26, 2004.
In other business at its regularly scheduled meeting, the board elected Ruthellyn Musil as senior vice president/corporate relations, effective immediately. Musil is the company’s senior communications executive, and serves as its spokesperson on investor relations issues. She is responsible for Tribune’s internal and external communications, and has been vice president/corporate relations since 1995.
“Ruthellyn is a talented and valued spokesperson for the company, and has earned the trust and confidence of our investors, our employees and the public,” said Dennis FitzSimons, Tribune chairman, president and chief executive officer.
Musil joined Chicago Tribune Company in 1971, where she served as public relations manager and director/employee communications. A Chicago-area native, Musil holds a bachelor’s degree in English from Loyola University and a master’s degree in business administration from Northwestern University’s Kellogg School of Management.