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BA News Project CEO to make $400,000 a year

The SF Weekly is reporting that Lisa Frazier, the CEO of the new F. Warren Hellman-financed Bay Area News Project, will make $400,000 a year. Not bad for somebody who has no journalistic experience. She’s a business and media consultant.

By comparison, former Wall Street Journal managing editor Paul Steiger, who heads the Herbert and Marion Sandler news nonprofit Pro Publica, was paid $570,000 in 2008, according to IRS documents.

The SF Weekly also reports:

Read more about the project’s new editor below.

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