James Goodale - New York Times

New York Times

At age 29, Goodale set up the legal department at the New York Times and subsequently became its first General Attorney in 1963. In 1964, the Supreme Court decided New York Times v. Sullivan 9-0 in favor of the New York Times, overturning a libel conviction and establishing the modern rules for libel for public figures.

In 1967, Goodale spearheaded the financial reorganization of the Times. He advised the Times' publisher Arthur Ochs Sulzberger to purchase Cowles Communications, a transaction that helped the Times regain profitability. He also conceived and implemented the stock structure which was used to bring the New York Times public, a structure that was later copied by the Washington Post and other media companies.

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