Media General's Board of Directors Appoints New Member Dennis J. FitzSimons
24 Juin 2009 - 5:46PM
PR Newswire (US)
RICHMOND, Va., June 24 /PRNewswire-FirstCall/ -- The Board of
Directors of Media General (NYSE:MEG) at its meeting today
increased the size of the board from nine to 10 members and
appointed Dennis J. FitzSimons, former Chairman, CEO and President
of the Tribune Company, to the board. Mr. FitzSimons will be a
member of the Audit Committee. "Dennis FitzSimons is a proven and
innovative business leader who led a premier media company through
times of outstanding growth and tough challenges. His industry
knowledge and experience with the changing media landscape and the
synergies of print, broadcast and online platforms will bring a
valuable perspective to the Media General board's deliberations,"
said Marshall N. Morton, President and Chief Executive Officer. "We
welcome his counsel as Media General continues to adapt its
business model to an increasingly digital and mobile media world."
Mr. FitzSimons stepped down as Chairman, CEO and President of
Tribune Company in December 2007 on completing the sale of the
company to an Employee Stock Ownership Plan and Sam Zell. The
transaction brought to a close a 25-year career at the company. Mr.
FitzSimons' first 17 years were spent in the Broadcast Division
where he rose through the ranks of the television group. He was
appointed Tribune Executive Vice President in January 2000, with
responsibility for the company's broadcasting, publishing and
interactive groups. He was elected to Tribune's Board of Directors
in 2000 and named President and Chief Operating Officer of Tribune
in July 2001. Mr. FitzSimons was named CEO in January 2003 and
became Chairman a year later. Mr. FitzSimons currently serves as
Chairman and Director of the Robert R. McCormick Foundation, one of
the largest charitable trusts in the U.S. He is a Trustee of
Northwestern University, the Museum of Science and Industry, the
United Way of Metropolitan Chicago, and he is active with several
other business and civic organizations on the local and national
levels. About Media General Media General is a leading provider of
local news, information and entertainment over multiple media
platforms. The company serves markets primarily in the Southeastern
United States. Media General publishes 21 daily newspapers,
including The Tampa Tribune, Richmond Times-Dispatch, and
Winston-Salem Journal; and community newspapers in Virginia, North
Carolina, Florida, Alabama and South Carolina; plus more than 250
weekly newspapers and other targeted publications. The company owns
and operates 18 network-affiliated television stations that reach
27.5 percent of the television households in the Southeast and more
than 8 percent of those in the United States. The company's
interactive media operations include Web sites and portals that are
associated with each of its newspapers and television stations as
well as with many specialty publications, and three growing
interactive advertising services companies, Blockdot, Inc.,
NetInformer and DealTaker.com. DATASOURCE: Media General, Inc.
CONTACT: Investors, Lou Anne Nabhan, +1-804-649-6103, or Media, Ray
Kozakewicz, +1-804-649-6748, both of Media General Web Site:
http://www.mediageneral.com/
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