October 31, 2006
Belo Vice Chairman to Continue Association With Company After Retirement
DALLAS -- Belo Corp. (NYSE: BLC) said today that John L. (Jack) Sander, the Company's vice chairman, will continue his association with Belo following his previously announced retirement as a full-time executive on December 31, 2006. Sander will work in collaboration with Guy Kerr, Belo's senior vice president/Law and Government, on a number of business-related activities, including representing Belo within leading industry organizations and working on the Company's behalf related to public policy issues. Sander will also be involved in Belo's ongoing leadership talent development initiatives.
"Jack Sander has made great contributions to Belo during a decade of leadership at our Company, first in the Television Group and then at the corporate level as president/Media Operations and vice chairman. Jack has been an invaluable advisor to me, a mentor to every member of our senior management team, and a role model both within Belo and throughout the broadcast industry," said Robert W. Decherd, Belo's chairman, president and chief executive officer. "Jack's continued involvement on Belo's behalf in industry affairs and public policy initiatives, together with his engagement in our leadership talent development efforts, will accelerate Belo's ongoing efforts to transform into a dynamic, Internet-centric media company that respects and practices superb journalism, and enables its legacy media operations to thrive."
Sander is a 40-year veteran of the media business. He joined Belo as executive vice president/Television Group in 1997 and was promoted to president/Television Group in 1999. Sander became executive vice president/Media Operations in 2001, and president/Media Operations in January 2004, with oversight of all Belo operating companies and its Capital Bureau in Washington, D.C. He was named vice chairman in February 2006. Prior to joining Belo, Sander was president and general manager of Atlanta's WAGA-TV and held group responsibilities with the Television Division of Taft Broadcasting. Sander has been active in industry organizations throughout his career, and currently serves as a member of the board of directors of the National Association of Broadcasters (NAB), the Television Operators Caucus (TOC), and Broadcast Music, Inc. (BMI). Sander was named 2006 Broadcaster of the Year by Broadcasting & Cable magazine at the Television Bureau of Advertising (TVB) annual meeting.
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 7,400 employees and more than $1.5 billion in annual revenues, Belo operates in some of America's most dynamic markets in Texas, the Northwest, the Southwest, the Mid-Atlantic and Rhode Island. 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 other daily newspapers are The Providence Journal, The Press-Enterprise (Riverside, California) and the Denton Record-Chronicle (Denton, Texas). The company also publishes specialty publications targeting young adults and the fast-growing Hispanic market, including Quick and Al D a in Dallas/Fort Worth. Belo operates more than 30 Web sites associated with its operating companies. Additional information is availabl e at www.belo.com o r by contacting Carey Hendrickson, vice president/Investor Relations & Corporate Communications, at 214-977-6626.