November 18, 2002
Belo announces new Senior Executive duties
Dallas, TX -- Belo Corp. (NYSE: BLC) announced two senior management assignments that will accelerate the Company's implementation of technology programs and associated business applications.
Dennis A. Williamson, who is a senior vice president in the Company's Television Group, will become senior corporate vice president and a member of Belo's Management Committee, with responsibility for technology initiatives Company-wide and other duties. Colleen B. Brown, who is currently senior vice president/business development, will continue as a senior vice president and a member of the Management Committee, and will assume oversight of Belo's television station and cable news operations in Texas, as well as other duties. Responsibility for the Company's business development activities will shift to Dunia A. Shive, executive vice president/chief financial officer of the Company.
Robert W. Decherd, Belo's chairman, president and chief executive officer, said, "Dennis Williamson's appointment to this new role enables Belo to take advantage of both revenue opportunities and cost efficiencies as a consequence of our stepped-up investments in technology. As a member of the Management Committee, Dennis will also lend perspective based on his operating experience and financial acumen developed in a variety of roles over the years.
"Colleen Brown's assignment to oversee Belo's electronic media operations in Texas capitalizes on her operating background and television station group responsibility in prior career steps. Colleen's ongoing responsibility for Belo Interactive and our Spanish-language initiatives will further enhance Belo's presence in the Texas media market.
"Dunia Shive has led the Company's investment banking activities in her capacity as my principal staff deputy. She brings important leadership skills to Belo's increasingly focused business development activities."
Williamson, 55, previously was responsible for Belo's Texas television station and cable news operations, as well as the Television Group's syndicated programming negotiations and other industry-related activities.
Brown, 44, joined Belo in 2000 after serving as president of the Lee Broadcast Group, owned by Lee Enterprises, Inc.; she established Belo's first formal business development function over the past two years. Shive, 41, who also has responsibility for the Company's finance, investment banking, corporate operations, corporate communications, investor relations, treasury and information technology functions, has served in her current role since 1998.
Williamson will report to Shive, and Brown will report to John L. (Jack) Sander, executive vice president/media operations.
Members of the Company's Management Committee will be Messrs. Decherd, Sander, Williamson, James M. Moroney III (publisher and chief executive officer of The Dallas Morning News), and Guy H. Kerr (senior vice president/general counsel); as well as Mss. Shive, Brown, and Marian Spitzberg (senior vice president/human resources).
With these new assignments, direct reports to Decherd will be Jack Sander, Dunia Shive, Marian Spitzberg and Guy Kerr.
Williamson began his broadcast career in 1977 with Sierra Cascade Communications before joining King Broadcasting Company as vice president and general manager of KREM-TV in Spokane, Washington, in 1983. After five years, he assumed the same position with King's KGW-TV in Portland, Oregon. In 1992 he was promoted to president and general manager of KGW, a position he held until Belo acquired the King station group in 1997. At that time he was promoted to president and general manager of KING-TV in Seattle. He was promoted to senior vice president/Television Group in January 2000.
Brown served in various management roles during an 18-year career at Gannett Co., Inc., including president and general manager of the company's Phoenix television operations, before joining Lee Enterprises in 1998. She was a member of the CEO team and responsible for all aspects of Lee's broadcast operations, including eight network-affiliated television stations and seven satellite operations, a mobile production company and a Telemundo affiliate, located in nine states.
After completing the sale of Lee's broadcast division, she joined Belo in October 2000.
About Belo Corp
Belo Corp., based in Dallas, is one of the nation's largest media companies with a diversified group of market-leading television, newspaper, cable and interactive media assets. A Fortune 1000 company with approximately 7,800 employees and $1.4 billion in annual revenues, Belo operates news and information franchises in some of America's most dynamic markets and regions, including Texas, the Northwest, the Southwest, Rhode Island, and the Mid-Atlantic region. Belo owns 19 television stations (six in the top 16 markets) reaching 13.9 percent of U.S. television households; owns or operates six cable news channels; and manages one television station through a local marketing agreement. Belo publishes four daily newspapers: The Dallas Morning News, The Providence Journal, The Press-Enterprise (Riverside, CA) and the Denton Record-Chronicle (Denton, TX). Belo Interactive's new media businesses include 34 Web sites, several interactive alliances, and a broad range of Internet-based products. Additional information, including earnings releases, is available online at www.belo.com. For more information, contact Scott Baradell, Belo's vice president/Corporate Communications, at 214-977-2067.