Stanford Lipsey

Stanford Lipsey was the manager of Sun Newspapers and Blacker Printing Company following their acquisition by Berkshire Hathaway in 1969.

📝 Leadership at Sun Newspapers

• Role: He oversaw the operations of five weekly newspapers in the Omaha, Nebraska area.
• Buffett's Evaluation: Buffett praised him as an "able" manager and noted that the purchase, while small, held potential for future expansion under Lipsey's guidance.

📰 The Buffalo News

In 1983, Lipsey was named Publisher of The Buffalo News upon the retirement of Henry Urban.

• Proven Manager: Lipsey had worked with Henry Urban for several years and had been a Berkshire manager since 1969.
• Nuts-and-Bolts: Buffett noted that Lipsey was personally involved in all aspects of the business, from editorial to circulation.
• Succession: "We couldn’t do better," Buffett wrote regarding the transition.

🔗 Connections

• Company: Sun Newspapers
• Source: 1968 Letter