Patrick J. Talamantes to Succeed Gary B. Pruitt as President and CEO of McClatchy

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

The McClatchy Company (NYSE: MNI) announced today that Gary B. Pruitt, chairman, president and chief executive of McClatchy, will leave the company May 16, 2012, to become president and chief executive of The Associated Press.McClatchy's Board of Directors has named Patrick J. Talamantes, McClatchy's current vice president, finance and CFO, as Pruitt's successor. Talamantes, 47, will assume the title of president and CEO and join the company's Board of Directors. Kevin S. McClatchy, a director of McClatchy since 1998 and a fifth-generation member of the founding McClatchy family, will become chairman of the Board.

27% profit every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!