OLD Media Moves

The disappearing CEO story

April 10, 2009

Rita Trucher of the Toronto Star writes Friday about a story on Manulife Financial CEO Dominic D’Alessandro that disappeared from the latest issue of Financial Post Magazine.

Trucher writes, “The story –- titled ‘Bang for the Buck. Dominic D’Alessandro’s options and reputation at risk’ –- is listed in the index of the April 2009 edition. The D’Alessandro yarn was to appear on page 16. Trouble is, readers found only the ripped remnants of that page in the publication’s stapled fold.

“A source familiar with the situation said officials at Manulife complained to the Post after spotting an online version of the story prior to the magazine’s distribution.

“The story reportedly contained a ‘serious error’ about Manulife and the Post volunteered to physically remove the page from every copy to appease the financial services giant. The error was egregious enough that a standard correction was not sufficient, the source said.”

Read more here.

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