Par Ridder: Off to Chicago

I don’t know if this will be an occasion for Schadenfreude within the Star Tribune and Pioneer Press newsrooms, but ex-publisher Par Ridder is off to Chicago, three years after he purloined PiPress internal documents moving to the Strib.

Ridder will take over as president of Clear Channel Outdoor’s Chicago branch, according to a company release. [Hat tip: Romenesko.] In other words, he’s a billboard guy now.

Needless to say, the release makes no mention of the court case, which cost the soon-to-be-bankrupt Strib millions. As you can imagine, hard-working employees who were trying to hang onto their jobs just loved that expense.

(Also, for nostalgia’s sake, the Par Excellence blog.)

Says Ridder in the release, “I am looking forward to being part of Chicago’s exciting business and media community, and honored to be part of the Clear Channel Outdoor organization.”

All I can say is, hang on to your hard drives, Windy City.

I’d heard just yesterday that Ridder’s Lake of the Isles manse had sold; it’s been on and off the market since the scandal, and I’m told the guy with the slick haircut took a financial haircut. Will try to confirm all that.

Schadenfreude update: The house, purchased in 2007 for $2.73 million, was recently on the market for $2.3 million and sold Dec. 1. I suspect the Ridders will get by.

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Comments (6)

  1. Submitted by Beryl John-Knudson on 12/16/2010 - 09:33 am.

    They are rougher in Chicago, Par…

    Ridder goes to Chicago…so how’s he gonna’ fare; overcome his past record of non-achievement, in the city-of-big-shoulders where even born-in-the-manger, native son Rahm Emannuel…they are questioning his residency, running for mayor?

    So it’s out with ye old print media time …but even at Clear Channel with its own fuzzy images…do remember Par qualifies as immigrant status now; an immigrant crossing borders, sans “Papers”?

  2. Submitted by dan buechler on 12/16/2010 - 11:26 am.

    Please explain this to me in terms I can understand. My department gets eliminated, 50 people in their 50’s are “bought out” most take a pay cut and this greenhorn gets a new job as president?

  3. Submitted by Karen Cole on 12/16/2010 - 12:00 pm.

    Very happy to hear he won’t be in the newspaper business. He’s done enough.

  4. Submitted by Tony Carideo on 12/16/2010 - 12:51 pm.

    “They were careless people, Tom and Daisy — they smashed up things and creatures and then retreated back into their money or their vast carelessness or whatever it was that kept them together, and let other people clean up the mess they had made.”

    –F. Scott Fitzgerald, “The Great Gatsby”

    Oh, and they keep getting jobs.

  5. Submitted by dan buechler on 12/16/2010 - 04:17 pm.

    Thanks Tony!

  6. Submitted by Karen Cole on 12/17/2010 - 11:43 am.

    Tony — That sums it up to a tee.

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