Feder: Ex-tronc chairman Ferro gets $15 million consulting fee in one lump sum

Tronc disclosed Wednesday that it paid out former chairman Michael Ferro's entire three-year, $15 million consulting fee in a single payment, Robert Feder writes. Ferro abruptly resigned as chairman March 18 - hours before he was accused of sexual misconduct by two women in a Fortune magazine story. Get the full report and more Chicago media news at

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