Westwood One Announces Norm Pattiz to Continue as Chairman of the Board
June 16 2009 - 11:13AM
PR Newswire (US)
NEW YORK, June 16 /PRNewswire-FirstCall/ -- Westwood One, Inc. (OTC
Bulletin Board: WWON) announced today that Norm Pattiz will
continue as Chairman of the Board of Directors for two more years.
"As the founder of Westwood One, I am delighted to be staying on as
Chairman of the Board to work with Rod Sherwood and the management
team as they drive the Company's business," said Pattiz. "As the
Company expands its core business in radio and, more broadly, in
television and on digital platforms, I continue to appreciate
Norm's programming experience and other insights that helped build
the Westwood One brand," said Rod Sherwood, President of Westwood
One. "Our increased financial commitment to the Company reflects
our confidence in Rod and the management team as they work to
position Westwood One as an industry leader," said Mark Stone,
Senior Managing Director and President of Operations for the Gores
Group. "Norm's extensive relationships across the industry are a
valuable asset for Westwood One's future." Mr. Pattiz served on the
Broadcasting Board of Governors of the United States of America
from 2000 - 2006. The BBG oversees all U.S. non-military
international broadcasting including Voice of America, Radio Free
Europe/Radio Liberty, Radio Free Asia, Worldnet Television, Radio
and TV Marti and the Middle East Broadcasting Network. Since
September 2001, Mr. Pattiz has served as a Regent of the University
of California. He currently serves as chairman of the Oversight
Committee of the Department of Energy Laboratories, including Los
Alamos, Lawrence Livermore and Lawrence Berkeley. He also serves on
the Regents' Governance, Compensation, Investments and Health
Services Committees. Pattiz is a member of the Council on Foreign
Relations and the Pacific Council on International Policy, and
serves on the Region 1, Homeland Security Advisory Council. About
Westwood One Westwood One is the largest independent provider of
network radio programming and the largest provider of traffic
information in the U.S. Westwood One serves more than 5,000 radio
and TV stations in the U.S. The Company provides over 150 news,
sports, music, talk and entertainment programs, features and live
events to numerous media partners. Through its Metro Traffic
division, Westwood provides traffic reporting and local news,
sports and weather to over 2,200 radio and TV stations. The Company
also provides digital and other cross platform delivery of its
network and Metro content. DATASOURCE: Westwood One, Inc. CONTACT:
Peter Sessa of Westwood One , +1-212-641-2053, Web Site:
http://www.westwoodone.com/
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