“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.