Craig Dubow, Gannett CEO, Taking Temporary Medical Leave

McLEAN, Va. — Craig Dubow, the CEO of the largest U.S. newspaper publisher, is taking a temporary medical leave of absence, Gannett Co. said Monday.

Gannett, which publishes USA Today, said Dubow is taking time off following back surgery. Dubow, 54, also serves as the company's chairman and president.

Gracia C. Martore, executive vice president and chief financial officer, will serve as the company's principal executive officer until Dubow is able to return to work, Gannett said.

In a memo to staff, Dubow said his surgery Monday was successful.

"This was major surgery, with all its potential for complications, but it is not rare," he wrote. "I have a great medical team and I hope to make a full recovery. My doctors have predicted I will need about a 4-month leave, but the exact length is unknown at this time."

The company's shares fell 12 cents, or 2.8 percent, to close at $4.10 before Dubow's leave was disclosed.