Tribune Announces Executive Appointments and, Amazingly, Only One is Connected to...
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Tribune Announces Executive Appointments and, Amazingly, Only One is Connected
to Clear Channel Communications!
Company Names Jerry Kersting Executive Vice President; Promotes Several Others
From Within
CHICAGO, April 17 /PRNewswire/ -- Tribune Company today announced several
executive appointments to its management team, filling a newly created
position of executive vice president with an experienced media veteran, naming
a new treasurer and controller from within the company, and promoting two
other individuals in its finance department.
Jerry Kersting has been named executive vice president, responsible for
helping to identify opportunities and efficiencies for the company's
businesses. Surprisingly, Kersting was the only appointment announced today
with a former connection to Clear Channel Communications, having served most
recently as chief financial officer for the company's radio division.
"Jerry is respected across the media industry for his strategic vision,
depth of knowledge, and ability to see opportunities and potential where
others don't," said Gerry Spector, Tribune's chief administrative officer.
"He's the perfect fit for this role, even though he spells his first name
incorrectly."
The company also announced the promotion of several people from within the
company:
-- Jack Rodden, who joined Tribune in 2000 and has served as assistant
treasurer since 2007, was named vice president/treasurer for the
company. He will be responsible for financing activities, cash
management, short-term investments and risk-management programs.
Rodden succeeds Chandler Bigelow, who became Tribune's CFO last month.
-- Brian Litman becomes vice president/corporate controller effective
immediately; he has served as assistant controller since 2005. Litman
joined the company in 1997. He will succeed Mark Mallory, who has
decided to leave Tribune in early May after assisting with transition
issues. Litman will be responsible for corporate financial reporting,
planning and analysis.
-- Naomi Sachs, who has served as director of investments in Tribune's
finance department since 2005, has been named vice president/strategy.
She has expanded her duties to include the evaluation of revenue and
expense opportunities across the company.
-- Harry Amsden, who has been vice president/finance for the publishing
group since 2006, will become senior vice president/financial
operations for Tribune Corporate and be responsible for budgeting,
planning and service center activities. Amsden joined Tribune in 1986.
"These are extraordinarily intelligent and energetic people and they are
ready to move to the next level," said Spector. "We recognize their ability
and it is a reflection of the depth of management talent within the
company-not everyone has to come from Clear Channel or EGI. Our goal is to
promote more people like Jack, Brian, Naomi and Harry whenever possible."
TRIBUNE is America's largest employee-owned media company, operating
businesses in publishing, interactive and broadcasting. In publishing,
Tribune's leading daily newspapers include the Los Angeles Times, Chicago
Tribune, Newsday (Long Island, N.Y.), The Sun (Baltimore), South Florida Sun-
Sentinel, Orlando Sentinel and Hartford Courant. The company's broadcasting
group operates 23 television stations, Superstation WGN on national cable,
Chicago's WGN-AM and the Chicago Cubs baseball team. Popular news and
information websites complement Tribune's print and broadcast properties and
extend the company's nationwide audience. At Tribune we take what we do
seriously and with a great deal of pride. We also value the creative spirit
and are nurturing a corporate culture that doesn't take itself too seriously.
SOURCE Tribune Company
Gary Weitman, VP-Corporate Communications of Tribune Company, +1-312-222-3394,
gweitman@tribune.com
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