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Published in the Daily Herald on June 23, 2026
It was more than a century ago that Hosea C. Paddock created a bold mission statement for his fledgling Cook County newspaper, "Our aim: To fear God, tell the truth and make money."
It was his motto, anchored each day at the top of the opinion page of the Daily Herald, that was a guiding force for four generations of Paddocks who grew the weekly Cook County Herald into the Daily Herald, the third largest newspaper in Illinois. While the Paddock family sold its interest in the newspaper to employees under an Employee Stock Ownership Plan (ESOP) in 2018, the mission of the newspaper has never changed - a commitment to principled, ethical and honest journalism, with a need to remain profitable to allow the newspaper to thrive.
On Monday, the ownership of the Daily Herald was passed along again, this time to Tribune Publishing, owners of the Chicago Tribune.
"We are pleased that ESOP participants voted by a substantial margin in favor of the sale to Tribune Publishing," said Douglas K. Ray, CEO, chairman and publisher of Paddock Publications Inc., the parent company of the Daily Herald. "As an employee-owned company, a pass-through vote was required in order to direct the trustee for final approval."
The Daily Herald will continue publishing seven days a week and readers can continue to rely on DailyHerald.com for timely news coverage and updates.
"I think it's a great fit for the Chicago Tribune Media Group," said Par Ridder, general manager of Chicago Tribune Media Group. "It's really maybe the crown jewel of our suburban coverage."
After receiving a favorable vote from its shareholders, Paddock finalized the sale of the newspaper Monday. In buying the Daily Herald, Tribune Publishing extended offers of employment to all Daily Herald employees.
"I know the board takes pride in the increasing stock valuation that has created retirement nest eggs for participants," said Ray. "The combination of the Tribune's commitment to hire all Daily Herald employees and the smooth transition bodes well for the future."
The sale is another beginning for the newspaper, purchased by Hosea Paddock in1898 for $175. The newspaper was first published in 1872. Over the years, Paddock opened a series of newspapers in the suburbs, with all converging into the Daily Herald in 1977, eventually serving Cook, DuPage, Kane, Lake and McHenry counties.
Monday's sale ended nearly a year of discussion, negotiation and consideration on whether selling the profitable newspaper operation now was in the best interest of ESOP participants. While the newspaper was never offered for sale, Paddock received an unsolicited offer from another newspaper publisher last summer and the company was required to consider the offer because of ESOP fiduciary obligations. Tribune Publishing then came forward with an offer and in the end became the winning bidder.
"I am confident that the Daily Herald, even though under new ownership, will continue to be one of the finest community newspapers in the United States," said Ray. "As I have said many times, a newspaper is only as good as the staff who produces it. The Tribune is getting the best in the business."
Paddock Publications Inc. will continue as an employee-owned ESOP, based in Schaumburg, and will focus on its niche publishing business, Town Square Publications, and a group of weekly newspapers in downstate Illinois.
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FOR IMMEDIATE RELEASE: August 7, 2026 Media Contact Information: Aunt Millie's Bakeries Melissa Koeneman, director of marketing (260) 417-2581 mkoeneman@auntmillies.com
John F. Popp, President of Aunt Millie’s Bakeries
FORT WAYNE, Indiana — Aunt Millie’s Bakeries is deeply saddened to announce the passing of its President John F. Popp, who died on Friday, July 31, at the age of 94. A third-generation member of the family business, John’s leadership, optimism, faith, and unwavering commitment to people helped shape the company and its culture for more than four decades. John Franke Popp was born March 2, 1932, to Lucile and Les Sr. Popp. He grew up with his older brother, Les Jr., on Forest Park Boulevard in Fort Wayne and graduated from Northside High School in 1950. He went on to attend the University of Michigan, graduating in 1954, and entered the U.S. Army that same year. He served as a second lieutenant before returning home following his military service. John was offered an opportunity to begin a career as an analyst with T. Rowe Price, but his path ultimately led him back to Fort Wayne and the family bakery. At his mother’s urging, he returned home to join the business — a decision that would shape not only his own life, but the future of generations of the Popp family and Aunt Millie’s employees. Long before his career in baking, John developed a love for Lake Wawasee and water skiing, eventually becoming the Indiana state slalom water ski champion. It was at the lake that he met Esther Rolene, the love of his life. They married on June 19, 1960, and spent the next decades building a life together, raising two sons and creating countless memories with family and friends. Even with the demands of running a growing company, John made time for what mattered most, including cheering his sons on from the sidelines at their baseball and football games.
John F. Popp and his wife, Esther Rolene Popp
In 1967, John stepped away from the family bakery to pursue a career in real estate, where he developed the subdivisions of Devil’s Hollow, Manitou, Lakewood, West Hamilton Estates, White Loon, and Winding Brook. In 1980, he returned to Perfection Bakeries, where he helped guide the company through a period of significant growth and expansion. The company that would become known as Aunt Millie’s grew under his leadership into one of the largest family-owned baking companies in the United States. John viewed the people around him as an important part of that success. He loved being part of the team and was known for his optimism, encouragement, and genuine care for employees. His leadership was not simply about growing a business; it was about building an organization where people could grow, contribute, and feel that they were part of something bigger than themselves. A third-generation leader of the family-owned bakery founded in 1901, John was deeply committed to protecting and building upon the legacy established by his grandfather, John B. Franke. His influence also reached beyond Aunt Millie’s. He was a passionate advocate for independent bakeries across the country, working with industry organizations to strengthen and protect family-owned businesses. He believed in the importance of education and workforce development and encouraged lifelong learning within the company while supporting the next generation of leaders in the baking industry. In recognition of his contributions to the baking industry, John was inducted into the Baking Hall of Fame by the American Society of Bakers and Engineers in 2021. He also served the state of Indiana after being appointed by Governor Mike Pence to serve on the Indiana Commission for Higher Education. While John’s professional accomplishments were many, those closest to him knew that his faith and family were at the center of his life. He cherished Bible Study Fellowship and worshiped at The Chapel and Wawasee Lakeside Chapel. He was quietly generous and found joy in serving others through organizations including the Euell Wilson Center, Women’s Care Center, and Ratio Christi. John enjoyed spring breaks in Florida, trips to Maine, his ’61 Corvette, and working on projects at the lake. He appreciated the simple pleasures of life, but most of all, he loved his family. His greatest legacy will not be measured solely by the company he helped build, but by the family he loved, the people he encouraged, the lives he touched, and the values he carried with him throughout his life. “John Popp believed that success was built on people,” said Rick Brown, Chief Customer Officer. “He cared deeply about our employees, our customers, our communities, and the generations of families who have made Aunt Millie’s a trusted name. His leadership was defined by humility, kindness, and an unwavering commitment to doing what was right.” John’s passing leaves a tremendous loss for the Popp family, the Aunt Millie’s family, and the many people and organizations whose lives he touched. While the company mourns his loss, Aunt Millie’s leadership team remains committed to carrying forward the mission, values, and legacy John championed throughout his life. Daily operations will continue uninterrupted as the company moves forward under its established leadership plan. The Popp family extends its heartfelt appreciation for the many expressions of sympathy and support received during this difficult time. Memorial service information will be shared at a later date. About Aunt Millie’s Bakeries Founded in 1901 in Fort Wayne, Indiana, Aunt Millie’s Bakeries is one of the largest family-owned bakeries in the Midwest, serving customers across six states with fresh bread, buns, rolls, bagels, and other baked goods. For more than a century, the company has remained committed to quality, innovation, and serving the communities it calls home.
FOR IMMEDIATE RELEASE: July 21, 2026 Media Contact Information: Michael Korman, highway commissioner North Township Road District (847) 728-7055 mike.korman@northfieldtownship.com
Northfield Township Road District’s Phase II project placed in Group 1, the top tier, of MWRD’s 2026 Stormwater Partnership Program; construction could begin as early as 2027
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