
How much does North Jersey Media Group pay President and Publisher Stephen A. Borg, son of company patriarch Malcolm A. "Mac" Borg?
How much does NJMG pay Editor Frank Scandale, who was promoted to vice president -- after Stephen Borg repudiated many of Scandale's news policies? How much does Stephen Borg's assistant publisher, Mala Lawrence, make? What about Features Director Barbara Jaeger, who hounded many of her most experienced staffers out of her department?
The better question is how much are they really worth, and did anyone of them take a salary cut during a company downsizing that included lower salaries for many new positions or unilateral cuts of as much as $10,000 for veteran newsroom workers?
$40,000 ceiling
$40,000 ceiling
Recall Stephen Borg's statement -- overheard by a sports reporter -- that his goal was a newsroom where no one made more than $40,000. Obviously, he wasn't talking about the editors.
Stephen Borg called Scandale's initiative on news and gossip to attract 20-year-old readers "a failed strategy." Borg also started "every day" coverage of education (except during summer recess). Frank just kept asking young female reporters to lunch.
Stephen Borg folded the Food section, moved printing to Rockaway Township and decentralized news gathering -- as he licked his chops over the tens of millions he could bring in by selling 150 River St. and surrounding acres. Unfortunately, the recession put a kabosh on that plan, and Mac insisted on keeping a presence in Hackensack, even if it's only his office.
Low morale
Low morale
Scattering reporters and editors probably ended any sense of shared purpose the news staff had in Hackensack. Has moving the paper's headquarters to Woodland Park been responsible for the lack of Bergen County coverage? Only the lazy, incompetent editors can answer that one, but readers look in vain day after day for news of their towns.
The recession didn't stop Stephen from selling his $2 million home in Tenafly and buying a $3.65 million estate in the same town. As with the first house, he got a mortgage from NJMG.
So how much do Stephen, Frank, Mala and Barbara make? I know, but can't say. Their salaries were disclosed in depositions given under oath in the pretrial stage of my age-discrimination lawsuit, and anything said was covered by a confidentiality agreement. You can be sure Stephen and the editors are paid a lot more than they are worth.
'I don't know'
'I don't know'
Vice President and General Counsel Jennifer A. Borg refused to disclose her salary and other executive compensation when she was deposed nor would she say whether any of the vice presidents took a salary cut.
When Stephen was asked how much he is paid, he said he didn't know -- three times. He was prodded by my attorney until he gave an estimate. Despite his unkempt look -- messy hair and wrinkled white, open-collar shirt -- you can be sure it is a ton of money.