He will take the reins of the Boston newspaper at a perilous time for the news business nationwide, with print advertising and revenue in decline and the industry racing to reinvent itself to match the changing habits of its readers, the Globe reported.
“Doug has experienced virtually every challenge our industry faces today — and succeeded at every turn,” said Globe owner and publisher John W. Henry in a memo to staff circulated today. “As I’ve gotten to know Doug over the past few months, I’ve come to understand that he is fearless, energetic, articulate, and passionate in his desire to help the Globe achieve our long-term goal of creating a sustainable business model for high level journalism.”
Franklin retired as executive vice president and chief financial officer of Atlanta-based Cox Enterprises, in August 2015. He worked in a number of financial roles at Cox’s Dayton Daily News, Springfield News-Sun and the Longview, Texas, News-Journal before returning to Dayton Newspapers in 1986 as business manager. He was later promoted to executive vice president and general manager.
In 2004, Franklin became president and chief executive officer of Cox Ohio Publishing and publisher of the Dayton Daily News. In 2008, he assumed the role of president and publisher of Cox-owned Palm Beach Newspapers in 2008.
In 2009, Franklin became executive vice president of newspapers for Cox Media Group, in addition to being named publisher of The Atlanta Journal-Constitution, and later that year was named executive vice president of Cox Media Group. He was named president of Cox Media Group in 2011 and two years later, assumed the role of Cox Enterprises executive vice president and chief financial officer.
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