Wesolowski
THE E.W. SCRIPPS CO. EVP/CFO TiM WESOLOWSKI has exited the company. WESOLOWSKI, who had been CFO since SEPTEMBER 2011, will be replaced on an interim basis by Chief Strategy Officer LISA KNUTSON while a search for a new CFO proceeds.
“During his first week with SCRIPPS, TIM arranged financing for our acquisition of nine MCGRAW HILL stations, and since then he has helped lead us through the purchase of GRANITE TV stations, the country’s first double-spin, double-merge transaction with the former JOURNAL COMMUNICATIONS that divested us of newspapers, a $400 million debt offering, and the acquisitions of NEWSY, MIDROLL, CRACKED and most recently the four KATZ multicast networks,” said Pres./CEO ADAM SYMSON. “TIM’s expertise and business acumen have been instrumental in strengthening our company’s financial foundation, and we greatly appreciate his service.”
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