Publisher Arthur Ochs Sulzberger, who is known as the man who shepherded the New York Times through some of the most turbulent times in the newspaper's more than 160-year history, has died at the age of 86 at his home in Southampton, New York, the Times announced today.

Sulzberger took over the paper in 1964, grandson of Adolph Ochs, who bought the Times in 1896. His stewardship of the so-called "Gray Lady" of U.S. journalism stretched across 34 years.

Sulzberger handed over the reins of the New York Times Company to his son in the 1990's. His family said that the death came at the end of a long illness.