Payne comes from video ad technology start-up ShortTail Media Inc., which he co-founded in 2008 and where he served as president and CEO. Before that he was senior vice president and general manager of CNN.com. He will oversee Gannett’s online offerings, which include newspaper and TV websites as well as retail site ShopLocal and PointRoll, its Internet advertising company.
Shares of Gannett slid 9 cents to $15.03 in midday trading Wednesday.
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