March 22, 2007
Belo Names Hendrickson Vice President/Human Resources
DALLAS -- Belo Corp. (NYSE: BLC) announced today that it has named Carey P. Hendrickson vice president/Human Resources. In this newly-formed role, Hendrickson will initially have responsibility for the compensation and benefits areas of the Company and will report to Marian Spitzberg, senior vice president/Human Resources, working closely with her on talent management and daily human resources issues at Belo's television stations, cable news channels and newspaper properties.
Hendrickson currently serves as Belo's vice president/Investor Relations and Corporate Communications, a position he assumed in November 2004. He served as vice president/Investor Relations from January 2000 through November 2004. He will continue to direct investor relations and corporate communications activities during the Company's search for his replacement.
"Carey brings to this new position his financial acumen and a thorough knowledge of Belo and its operations," said Spitzberg. "His communications skills and the many positive relationships he has developed throughout the Company will serve him well in this new role."
Hendrickson, who has been with Belo for 15 years, began his career with the Company as manager of financial planning and then served as assistant controller from 1995 until 1997, when he was named vice president/Strategic and Financial Planning. He is an honors graduate from Baylor University and The University of Texas at Arlington, receiving a Bachelor of Arts in accounting from Baylor and a Master of Business Administration with a concentration in finance from UT Arlington. Hendrickson started his career with KPMG and was the director of financial planning for Republic Financial Services before joining Belo.
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 7,100 employees and $1.6 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 20 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, and the fast-growing Hispanic market, including Quick and Al Dia in Dallas/Fort Worth, and 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.