Belo Corp. Announces Retirement of Dennis Williamson; Promotes Carey Hendrickson to CFO Role
December 16 2009 - 10:30AM
PR Newswire (US)
DALLAS, Dec. 16 /PRNewswire-FirstCall/ -- Belo Corp. (NYSE:BLC),
one of the nation's largest pure-play, publicly-traded television
companies, announced today that Dennis A. Williamson, executive
vice president and Chief Financial Officer, will retire from the
Company on March 5, 2010. Carey P. Hendrickson, a 17-year veteran
of Belo's financial organization, will become senior vice president
and Chief Financial Officer upon Williamson's retirement. (Photo:
http://www.newscom.com/cgi-bin/prnh/20091216/DA26646-a) (Photo:
http://www.newscom.com/cgi-bin/prnh/20091216/DA26646-b) A member of
the Company's Management Committee, Williamson has led the
Company's finance, accounting, tax, treasury, investor relations,
corporate operations, and information technology areas since 2004.
Williamson's broadcasting career began in 1978 and during his
career he held general manager positions at television stations in
Seattle/Tacoma, Portland, Spokane, WA and Medford, OR. Williamson
moved to Belo's corporate headquarters in 2000 when he was named
senior vice president/Television Group with responsibility for the
Company's Texas television and cable operations. "I have been given
the opportunity to assume a number of personally and professionally
fulfilling positions in my 31 years as a broadcaster, but I will
treasure my time at Belo as the most rewarding of all. This is
truly a wonderful Company, full of remarkable people, and I will
surely miss both," Williamson said. Dunia A. Shive, Belo's
president and Chief Executive Officer, said, "Dennis has made
tremendous contributions to our Company at both the operating and
corporate levels. Just as important, he has been a friend and
advisor to many of us here. We congratulate him on an outstanding
career and wish him the best in retirement." Hendrickson, who will
join the Company's Management Committee, has held numerous
positions in finance and administration. He has been the Company's
senior vice president and Chief Accounting Officer since November
2007. Prior to that, he served as vice president/Human Resources,
vice president/Investor Relations and Corporate Communications, and
vice president/Strategic and Financial Planning. Hendrickson began
his career at Belo in 1992 as manager of financial planning and
served next as assistant controller. "Carey has been a vital part
of our financial team for years and we are very fortunate to have
someone with his experience and knowledge of the Company ready to
assume this role. I've had the pleasure of working with Carey for
over 15 years and I'm confident he will do a great job for us,"
Shive said. Hendrickson is an honors graduate of both Baylor
University and the University of Texas at Arlington. He received a
Bachelor of Arts in Accounting from Baylor in 1985 and a Master of
Business Administration in Finance from the University of Texas at
Arlington in 1995. Hendrickson is a member of the Media Financial
Managers Association and currently serves on the Association's
national board of directors. He also serves on the Scholarship
Committee of the Spina Bifida Association of North Texas.
Hendrickson and his wife, Stacie, have two children. About Belo
Corp. Belo Corp. (BLC) is one of the nation's largest pure-play,
publicly-traded television companies, with 2008 annual revenue of
$733 million. The Company owns and operates 20 television stations
(nine in the top 25 markets) and their associated Web sites. Belo
stations, which include affiliations with ABC, CBS, NBC, FOX, CW
and MyNetwork TV, reach more than 14 percent of U.S. television
households in 15 highly-attractive markets. Belo stations rank
first or second in nearly all of their local markets. Additional
information is available at http://www.belo.com/ or by contacting
Paul Fry, vice president/Investor Relations & Corporate
Communications, at 214-977-6835.
http://www.newscom.com/cgi-bin/prnh/20091216/DA26646-b
http://www.newscom.com/cgi-bin/prnh/20091216/DA26646-a
http://photoarchive.ap.org/ DATASOURCE: Belo Corp. CONTACT: Paul
Fry, vice president/Investor Relations & Corporate
Communications of Belo Corp., +1-214-977-6835 Web Site:
http://www.belo.com/
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