April 26, 2005
Anna Nicodemus joins Belo as vice president/internal audit
Dallas, TX -- Belo Corp. (NYSE: BLC) announced today that Anna Nicodemus has joined Belo Corp. as vice president/Internal Audit, effective immediately. She will manage Belo's enterprise-wide Internal Audit function. Her responsibilities will include overseeing the department's independent reviews and evaluations of the Company's operations, controls, records, compliance and reporting functions. Nicodemus will also provide audit review results and recommendations for senior management, the Audit Committee of the Board of Directors, and the Company's external independent auditors.
Guy Kerr, senior vice president /Law & Government and secretary, said, "Anna brings a wealth of internal audit experience from her impressive career at a dynamic, technology-savvy company that will benefit Belo in a number of areas. We are fortunate to have Anna leading our Internal Audit team in today's rigorous public reporting and compliance environment."
Nicodemus gained more than 19 years of in-depth audit management experience at Electronic Data Systems (EDS). Most recently, she served as audit director, managing field and headquarters-based audit professionals. Nicodemus' accomplishments include supporting the company's Sarbanes-Oxley program, streamlining internal quality reviews, functionally reorganizing audit teams, preparing quarterly reports for senior management and initiating a recognition program for outstanding team members. Her career progression at EDS included positions as audit manager, audit supervisor and audit team leader.
Nicodemus was graduated summa cum laude with a bachelor of science degree in business and public management from the State University of New York. She is a certified public accountant, certified fraud examiner and certified internal auditor. Her professional affiliations have included serving on the local board and the national board's Research and Education Advisory Committee for the Institute of Internal Auditors (IIA), and on the University of North Texas Internal Audit Advisory Board for the College of Business Administration.
Belo Corp. 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 7,600 employees and $1.5 billion in annual revenues, Belo operates in some of America's most dynamic markets in Texas, the Northwest, the Southwest, Rhode Island, and the Mid-Atlantic. Belo owns 19 television stations, six of which are in the 15 largest U.S. broadcast markets. The Company also owns or operates seven cable news channels and manages one television station through a local marketing agreement. Belo's daily newspapers are The Dallas Morning News, The Providence Journal, The Press-Enterprise (Riverside, CA) and the Denton Record-Chronicle (Denton, TX). The Company also publishes specialty publications targeting young adults, affluent populations and the fast-growing Hispanic market, including Quick and al dia in Dallas/Fort Worth, and the d, El D and La Prensa in Riverside. Belo operates more than 30 Web sites associated with its operating companies. Additional information is available at www.belo.com or by contacting Carey Hendrickson, vice president/Investor Relations & Corporate Communications, at 214-977-6626.