Media General Announces New Market-Focused Business Structure
23 Março 2009 - 3:52PM
PR Newswire (US)
RICHMOND, Va., March 23 /PRNewswire-FirstCall/ -- Media General
(NYSE: MEG) announced today that effective July 1, 2009, the
company will alter its organizational structure, shifting from its
current three division structure (Publishing, Broadcast and
Interactive Media) to five geographic markets. All properties in a
given market will report to a market leader regardless of platform.
The company already manages its Florida market in this manner.
"Media General's strength is derived from its markets. Structuring
our business along market lines will provide an even closer
connection to our customers, accelerate our Web-First strategy and
speed decision-making across the enterprise," said Marshall N.
Morton, President and Chief Executive Officer. "We will be better
able to pursue new opportunities to serve customers beyond our
traditional market boundaries, especially using digital media,"
said Mr. Morton. The following Media General executives have been
named President, Market Leader, for these five market segments.
They will report to Reid Ashe, Chief Operating Officer:
Virginia/Tennessee - James A. Zimmerman. Mr. Zimmerman is currently
President of the Broadcast Division. In 2008, the VA/TN market had
revenues of approximately $235 million. Florida - John R. Schueler.
Mr. Schueler is currently President, Florida Communications Group.
In 2008, the FL market had revenues of approximately $215 million.
Mid-South - John R. Cottingham. Mr. Cottingham is currently Senior
Vice President, Broadcast Stations. The Mid-South market includes
South Carolina, Georgia, Alabama and Mississippi. In 2008, the
Mid-South market had revenues of approximately $170 million. North
Carolina - James R. Conschafter. Mr. Conschafter is currently
Senior Vice President, Broadcast Stations. In 2008, the NC market
had revenues of approximately $105 million. Ohio/Rhode Island -
Richard E. Rogala. Mr. Rogala is currently Vice President and
General Manager, WCMH in Columbus, Ohio. In 2008, the OH/RI market
had revenues of approximately $62 million. Starting with its third
quarter 2009 earnings report, Media General's operating segments
will be the five geographic markets. There will also be a sixth
segment, Interactive Advertising Services, which will include the
results of Blockdot, Inc., DealTaker.com and NetInformer. Media
General will reclassify prior-year results to conform to the new
structure. As part of the market-focused structure, a new position,
Group Vice President, Growth and Performance, will report to Mr.
Morton to further intensify the company's focus on digital media
opportunities and operational excellence initiatives. James F.
Woodward, currently Vice President, Corporate Human Resources, has
been named to the new position. C. Kirk Read has been named
President, Digital Media, and will report to Mr. Woodward. Mr. Read
will continue to lead the team responsible for creating online
products and services and developing Internet partnerships. Also
reporting to Mr. Woodward will be Dale B. Lachniet, President,
Newspaper Production and Distribution, and Ardell Hill, President,
Broadcast Services. Succeeding Mr. Woodward as Vice President,
Corporate Human Resources is Robert E. MacPherson, who is currently
President, Community Newspapers. H. Graham Woodlief, Jr., 64,
President, Publishing Division, plans to pursue his long-planned
retirement, effective July 1, 2009. "Graham has contributed
significantly to the growth and success of Media General in his 47
years with the company. We look forward to his help with our
transition to the market structure before he pursues his
long-standing plans to retire," Mr. Morton said. A video report
from Mr. Morton to employees on this topic is available on
http://www.mediageneral.com/ so that interested investors,
reporters and others may have the opportunity to hear more about
the new market structure and its benefits. Biographical Information
(Photos Available) Mr. Zimmerman, 62, has been President, Broadcast
Division since 1996. He joined Media General in 1975 as Director of
Internal Audit. Before becoming President of the Broadcast
Division, he was President and General Manager of WFLA in Tampa. He
received a B.S. degree from Virginia Commonwealth University. Mr.
Schueler, 59, has been President, Florida Communications Group
since 2005. Before joining Media General, he was President and
Publisher of MediaNews Group's ANG Division in Oakland, Calif.,
where he served as Chief Executive Officer of its Northern
California cluster. He received a B.B.A. degree from Western
Michigan University. Mr. Cottingham, 58, has been Senior Vice
President, Broadcast Stations since 2005. He joined Media General
in 2001 as Vice President and General Manager of three stations,
including WSPA in Spartanburg, S.C. He earlier held management
positions at a number of other broadcast stations. He attended
Belmont Abbey College. Mr. Conschafter, 57, has been Senior Vice
President, Broadcast Stations since 2004. He joined Media General
in 2000 as Vice President and General Manager of WSPA in
Spartanburg, S.C., and two other stations. He earlier held
management positions at a number of other broadcast stations. He
received a B.S. degree from the Newhouse School of Communications
at Syracuse University. Mr. Rogala, 48, has been Vice President and
General Manager, WCMH in Columbus, Ohio, since 2007. From
1991-2001, he was President and General Manager of WFLA. He has
more than 13 years of general manager experience at television
stations throughout the country. He received a B.A. degree from
Ohio University. Mr. Woodward, 49, has been Vice President,
Corporate Human Resources since 2005. During his 26 years with
Media General, he has served as Staff Accountant, Audit Manager,
Assistant Controller of Richmond Newspapers, Manager of Human
Resources Systems for the Finance Department and Director of Human
Resources from 1999 to 2005. He received a B.S. degree from James
Madison University. Mr. Read, 39, has been President, Interactive
Media Division since 2007. He joined the company in 1995 and helped
create TBO.com in Tampa and served as its first General Manager. He
also served as a newspaper Publisher and Regional Publisher for
several Media General newspapers in Virginia. He received a B.A.
degree from Vanderbilt University. Mr. Lachinet, 45, has been
President of the newly formed Newspaper Production and Distribution
unit since February 1, 2009. He joined the company in 1996 as
Controller of the Publishing Division and was named Vice President
in 1999. Before joining Media General, he worked for Ernst &
Young and Price Waterhouse, where he worked with media and
entertainment companies as well as other industries. He received a
B.S. degree from Liberty University. Mr. Hill, 60, has been Senior
Vice President, Broadcast Operations since 2001 and has more than
40 years of broadcast operations and technology experience. He
joined the company in 1982 as Operations Manager for WFLA in Tampa.
Before joining Media General, he held engineering and operations
positions at several television stations in Alabama and Louisiana.
He attended the University of South Alabama. Mr. MacPherson, 55,
has been President, Community Newspapers since 2005. He joined the
company in 1982 as Internal Audit Manager and has held many
business and financial positions at Media General, including
Director of Internal Audit and later Vice President and Business
Manager for Virginia Newspapers. He received B.S. degrees from the
University of Richmond and Virginia Commonwealth University. 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 24 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 19
network-affiliated television stations that reach approximately 30
percent of the television households in the Southeast and nearly 9
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 two growing interactive
advertising services companies, Blockdot, Inc., NetInformer and
DealTaker.com. DATASOURCE: Media General 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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