Thursday - May 2, 2024
Hearst: Annual Letter From Steve Swartz
March 11, 2020
NEW YORK, March 11 -- Hearst issued the text of the following letter:

Dear Colleagues:

Each year we report to you on the state of our Company and review our performance over the prior year. I am writing to do that . But in light of the global emergency caused by the coronavirus, I want to first tell you what we know about how the virus is affecting our Company.

We have experienced one known confirmed case which occurred at our South San Francisco-based Firs . . .

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