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== Trustees of William Randolph Hearst's will == Under William Randolph Hearst's will, a common board of thirteen trustees (its composition fixed at five family members and eight outsiders) administers the Hearst Foundation, the William Randolph Hearst Foundation, and the trust that owns (and selects the 26-member<ref>[https://www.hearst.com/-/new-directors-elected-at-hearst press release, "New Directors Elected at Hearst"]</ref> board of) the Hearst Corporation (parent of Hearst Communications which shares the same officers). The foundations shared ownership until [[Tax Reform Act of 1969|tax law]] changed to prevent this.<ref>{{cite web| url=https://www.hearstfdn.org/about/about-hearst-foundations/| title=About the Hearst Foundations| website=Hearst Foundations| access-date=August 28, 2018}}</ref><ref>{{Cite web|title=Board of Directors {{!}} Hearst Foundations|url=https://www.hearstfdn.org/board-of-directors|access-date=2022-01-09|website=www.hearstfdn.org}}</ref> In 2009, it was estimated to be the largest private company managed by trustees in this way.<ref>{{Cite web|url=https://money.cnn.com/2009/11/24/news/companies/bunky_hearst.fortune/index.htm|title=Citizen Bunky: A Hearst family scandal β Nov. 25, 2009|website=archive.fortune.com|access-date=December 24, 2018}}</ref> As of 2017, the trustees are:<ref>{{cite press release| url=https://www.hearst.com/-/mitchell-scherzer-elected-a-trustee-of-the-hearst-family| title=Mitchell Scherzer Elected a Trustee of the Hearst Family Trust| access-date=August 28, 2018}}</ref> === Family members === * Anissa Boudjakdji Balson, granddaughter of fifth son, David Whitmire Hearst Sr. * Lisa Hearst Hagerman, granddaughter of third son, [[John Randolph Hearst]] Sr. * [[George Randolph Hearst III]], grandson of Hearst's eldest son, [[George Randolph Hearst]] Sr., and publisher of the ''[[Albany Times Union]]'' * [[William Randolph Hearst III]], son of second son, [[William Randolph Hearst Jr.]], and chairman of the board of the corporation * Virginia Hearst Randt, daughter of late former chairman and fourth son, [[Randolph Apperson Hearst]] === Non-family members === * James M. Asher, chief legal and development officer of the corporation * David J. Barrett, former chief executive officer of Hearst Television, Inc. * Frank A. Bennack Jr., former chief executive officer and executive vice chairman of the corporation * John G. Conomikes, former executive of the corporation, preceded Barrett at Hearst-Argyle Television * Gilbert C. Maurer, former chief operating officer of the corporation and former president of Hearst Magazines ''died April 6th 2025''<ref>[https://www.hearst.com/-/gilbert-c.-maurer-director-and-former-chief-operating-officer-of-hearst-and-trustee-under-the-will-of-william-randolph-hearst-dies-at-96 Press release announcing death of Maurer]</ref> * Mark F. Miller, former executive vice president of Hearst Magazines * Mitchell Scherzer, executive vice president and chief financial officer of the corporation * Steven R. Swartz, president and chief executive officer of the corporation The trust dissolves when all family members alive at the time of Hearst's death in August 1951 have died.
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