The Larchmont Chronicle announced on April on the newspaper’s website that it had been sold to lifelong Larchmont resident John H. Welborne.

It is the first time in the paper’s 52-year history that it has changed ownership.

“I could not be more pleased than to have John Welborne lead the next decade of the [Larchmont] Chronicle,” said Larchmont Chronicle editor, former publisher and owner Jane Gilman in the editorial. “John has worked with me and my co-founder, Dawne Goodwin, for nearly 40 of the paper’s 52 years. John is a strong believer in the important role played by small, community newspapers.”

Gilman will continue on as editor.

The Larchmont Chronicle was founded in 1963 by Gilman and Goodwin, who passed away on Oct. 14, 2012.

Welborne said the main reason the monthly newspaper was sold was due to both Jane and Irwin Gilman becoming older and wanting to move on to another stage in their lives.

“They’ve reached a stage in their lives where it’s a wise idea to plan for the future. Simply put, they’re not immortal,” Welborne said.

The newspaper will continue as it has been originally managed since the beginning, including publishing once a month, according to Welborne.

“The Larchmont Chronicle is very successful at what it does and as that old saying goes, ‘If it ain’t broken, don’t fix it’,” Welborne said.

Welborne is a longtime lawyer in Los Angeles and has been involved in several nonprofit work for approximately 20 years. He currently is a member of the board of directors for the Windsor Square Association.

“Many familiar names will remain on the masthead of the paper, and the community will continue to benefit from their combined decades of experience in the news coverage and advertising of the Larchmont Chronicle,” Gilman said.