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Exhibit 14
The New York Times Company
Code of Ethics for the Chairman, Chief Executive Officer, Vice Chairman and Senior Financial Officers
The
core purpose of The New York Times Company (the "Company") is to enhance society by creating, collecting and distributing high quality news, information and entertainment. Consistent with this
goal, the Company is committed to the highest standards of ethical business conduct. In addition to its Business Ethics Policy and Core Purpose, Core Values and Rules of the Road for all Company
employees and staff (the "Business Ethics Policies"), the Company has adopted this Code of Ethics (the "Code") as a set of guidelines pursuant to which our chairman, chief executive officer, vice
chairman and senior financial officers should perform their duties. The Code is intended to deter wrongdoing and to promote adherence to the standards set forth below. Executives subject to the Code
include the Chairman, the President and Chief Executive Officer, the Vice Chairman, the Chief Financial Officer, the Chief Accounting Officer, and any person who performs a similar function (the
"Covered Executives"). The particular executives who are subject to the Code from time to time will be designated by, and informed of such designation, by the Company.
•
In
carrying out their duties and responsibilities, Covered Executives should endeavor to act with honesty and integrity, including the ethical handling of actual or apparent
conflicts of interest between personal and professional relationships.
•
To
promote full, fair, accurate, timely and understandable disclosure in the periodic reports that the Company files with, or submits to, the Securities and Exchange
Commission and in other public communications made by the Company, it is the responsibility of each Covered Executive promptly to bring to the attention of the Company's Disclosure Committee any
material information of which he may become aware that affects the disclosures made by the Company in its public filings or otherwise, and to otherwise assist the Disclosure Committee in fulfilling
its responsibilities.
In
addition, each Covered Executive shall promptly bring to the attention of the Disclosure Committee any information he may have concerning (a) significant deficiencies in the design or
operation of internal controls which could adversely affect the Company's ability to record, process, summarize and report financial data or (b) any fraud, whether or not material, that
involves management or other employees who have a significant role in the Company's financial reporting, disclosures or internal controls.
•
In
carrying out their duties and responsibilities, Covered Executives should endeavor to comply, and to cause the Company to comply, with applicable governmental laws, rules
and regulations. In addition, each Covered Executive shall promptly bring to the attention of the Compliance Officer (as defined below) any information he may have concerning evidence of a material
violation of the securities or other laws, rules or regulations applicable to the Company and the operation of its business, by the Company or any agent thereof.
•
Each
Covered Executive shall promptly report to the Compliance Officer any information he may have concerning evidence of a material violation of the Code.
•
Covered
Executives are expected to adhere to the Code. The Company shall determine appropriate actions to be taken in the event of violations of the Code by any Covered
Executives. Such actions shall be reasonably designed to deter wrongdoing and to promote accountability for adherence to the Code.
•
The
Company will appropriately disclose any substantive amendment to, and any waiver of, any provision of the Code that applies to the Covered Executives.
•
The
compliance officer (the "Compliance Officer") for the implementation and administration of the Code shall be Solomon B. Watson IV, Senior Vice President and General
Counsel.
