Fisher Communications Elects Peter E. Murphy to Its Board of Directors
January 12 2012 - 8:30AM
Marketwired
Fisher Communications, Inc. (NASDAQ: FSCI), a leader in local media
innovation, today announced the election of Peter E. Murphy to its
Board of Directors, effective immediately. Mr. Murphy fills the
vacant Board seat formerly occupied by Roger Ogden, who resigned
from the Board in October 2011.
"Peter brings significant corporate strategy and financial
expertise, and a global industry perspective that he gained through
senior-level positions at The Walt Disney Company, Caesars
Entertainment and Apollo Global Management," said Paul Bible,
Chairman of the Board of Directors of Fisher Communications. "He
shares our commitment to creating value for our shareholders, and
his experience and insights will be tremendous assets as we
continue to position Fisher to capture the growth opportunities in
today's dynamic media environment."
Mr. Murphy is the founder of Wentworth Capital Management, a
private investment and venture capital firm focused on media,
technology, and branded consumer businesses. Prior to his current
position, he was President, Strategy & Development for Caesars
Entertainment, the world's largest gaming company. At Caesars, he
was responsible for corporate strategy, growth and development,
mergers and acquisitions, and worldwide real estate
development.
Before joining Caesars, he was an operating partner at Apollo
Global Management, where he focused on investments in the media and
entertainment sectors.
Mr. Murphy also spent 18 years at The Walt Disney Company,
serving in a number of senior management positions, including
Senior Executive Vice President, Chief Strategic Officer, Senior
Advisor to the CEO, and CFO of ABC, Inc. During his tenure, he
oversaw strategy, new business development, mergers and
acquisitions, technology, brand management, and long-term planning
for the growth of Disney's global businesses.
Mr. Murphy holds a bachelor's degree from Dartmouth College,
where he graduated Phi Beta Kappa and Magna Cum Laude, and an MBA
from the Wharton School of Business.
About Fisher Communications, Inc.
Fisher Communications (FSCI) is an innovative local media
company with television, radio, internet and mobile operations
throughout the western United States. Fisher operates 18 television
stations, which include network affiliations with ABC, CBS, FOX,
Univision and The CW that reach 3.5% of U.S. television households,
and three radio stations targeting a full range of audience
demographics. Fisher Interactive produces more than 120 local and
hyper-local websites and delivers comprehensive multiplatform
advertising solutions to local businesses. The Company is
headquartered at Fisher Plaza in Seattle, WA. More information
about Fisher Communications, Inc. is available at www.fsci.com.
Contact: Sard Verbinnen & Co Ron Low/David Isaacs
(415) 618-8750
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