DaimlerChrysler and National Association of Black Owned Broadcasters (NABOB) Award Fellowships that Lead to Minority Media Owner
March 27 2007 - 4:00PM
PR Newswire (US)
-- Reva Squire and Dale Murray Named 2007 Fellowship Recipients
AUBURN HILLS, Mich., March 27 /PRNewswire/ -- DaimlerChrysler
Corporation and the National Association of Black Owned
Broadcasters (NABOB) has named Reva Squire and Dale Murray as
recipients of the 2007 NABOB DaimlerChrysler Management Fellowship
- a two-year initiative designed to foster the development of
African-Americans and other minorities who have the talent and the
desire to be radio or television station owners. (Photo:
http://www.newscom.com/cgi-bin/prnh/20070327/CLTU233 )
"DaimlerChrysler is extremely pleased to build on our initial
commitment to NABOB as the exclusive sponsor of the NABOB
DaimlerChrysler Management Fellowship," said Frank Fountain,
DaimlerChrysler Senior Vice President - External Affairs and Public
Policy (Auburn Hills). "We welcome Ms. Squire and Mr. Murray to the
program and believe this fellowship will provide the opportunities
for them to receive the knowledge and experience necessary for
future media ownership." Ms. Squire and Mr. Murray constitute the
second class of NABOB DaimlerChrysler Management Fellows. The first
two fellows, Alexis Snipe- Campbell and Bartt Horton, were chosen
in 2005 and will complete their two- year program this year.
Specifically, DaimlerChrysler has committed a total of $75,000 to
sponsor the fellowships through NABOB, intended to put minorities
on the track to broadcast media ownership. "Media ownership has a
direct affect on media content, from local news reporting to radio
music programming," noted Fountain. "Minorities overall own a
majority interest in only 3.6% of the total number of stations. Our
partnership with the National Association of Black Owned
broadcasters to sponsor the NABOB DaimlerChrysler Management
Fellowship is our contribution to change the proportion of
minority-owned stations within the landscape of all broadcast
stations." As NABOB DaimlerChrysler Management Fellows, Squire and
Murray will go through a rigorous two-year learning program
including: the laws governing U.S. airwaves, the requirements of
financial institutions for funding and the nuances of running a
media operation. Further, the program develops management skills
ranging from on-air personalities to signal coverage to hiring
engineers and training advertising sales staff. In addition,
DaimlerChrysler will host a "Fellows Retreat" at DaimlerChrysler
Corporate Headquarters in Auburn Hills, Michigan, where the fellows
will have an opportunity to meet and interact with corporate
representatives and glean valuable insight from their knowledge and
expertise. "We are very excited about this program and about
working with NABOB to help this very valuable organization fulfill
its mission to improve and increase the opportunities for black and
minority owners in the broadcast industry," said Fountain. About
Reva Squire Currently a student at Howard University in Washington,
D.C., Squire will graduate in May 2007 with a JD/MBA degree. Her
focus is on transactional law and finance. She became interested in
minority station ownership as an undergrad at Cornell University,
where she graduated with a B.S. degree in Applied Economics and
Management. As accounting assistant to the CFO of Stop 26
Riverbend, a family business in Columbus, Ohio, Squire helped
manage the company's $40 million in assets and $4 million in
revenue. She also coordinated projects to promote the Tom Joyner
Sky Show, which reaches more than eight million listeners
nationwide. About Dale Murray Murray boasts nearly 25 years of
media experience. He currently is the Program Manager at WXEZ-FM in
Virginia Beach, Va. Under his guidance the station has exceeded its
rating goals for more than three years, and has been nominated
Radio & Records magazine's Station of the Year for the past two
years. Murray was voted Program Director of the Year by Barnstable
Broadcasting in 2003. Prior to joining WXEZ-FM, Murray held
positions as a television station manager, on-air personality and
assistant production director. About NABOB NABOB is the first and
largest trade organization representing the interests of
African-American owners of radio and television stations across the
country. The association was organized in 1976 by a small group of
African-American broadcasters who desired to establish a voice and
a viable presence in the industry and to address specific concerns
facing African- American broadcasters. NABOB is a non-profit
corporation and is governed by a volunteer board of directors
elected by its members. Day-to-day operations of the association
are carried out at its headquarters in Washington, D.C. About
DaimlerChrysler Corporation DaimlerChrysler Corporation, also known
as the Chrysler Group, is the Auburn Hills, Michigan-based unit of
DaimlerChrysler AG. Employing more than 84,000 people worldwide,
DaimlerChrysler Corp. manufactures, markets, distributes and,
through its Chrysler, Jeep(R) and Dodge dealers, sells cars,
minivans, sport-utility vehicles and trucks to customers in more
than 125 countries worldwide. Its Chrysler, Jeep and Dodge brands
feature some of the world's most recognizable vehicles including
the Dodge Viper, Jeep Wrangler, Chrysler PT Cruiser and Chrysler
300C. In 2006, Chrysler Group sold 2.7 million vehicles globally.
http://www.newscom.com/cgi-bin/prnh/20070327/CLTU233
http://photoarchive.ap.org/ DATASOURCE: DaimlerChrysler Corporation
CONTACT: Kevin McCormick of DaimlerChrysler Corporation,
+1-248-512-6218, Web site: http://www.media.daimlerchrysler.com/
http://www.daimlerchrysler.com/
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