Business News
Cass to Step Down as Executive Vice President of A. H. Belo Corporation at Year End
Friday 07. August 2009 - Newspaper publisher A. H. Belo Corporation (NYSE:AHC) announced that Donald F. (Skip) Cass, Jr., 43, one of the Company's two executive vice presidents and Secretary, will depart at year end to pursue another senior-level management position in the media industry or related businesses.
Cass’s responsibilities for A. H. Belo’s technology platform, Internet initiatives and business development activities will be distributed among members of the Company’s Management Committee, where he has served since A. H. Belo’s spin-off from Belo Corp. in February 2008. During the transition of these responsibilities, Cass will continue to oversee several specific initiatives on behalf of A. H. Belo’s chief executive officer, Robert W. Decherd.
In announcing Cass’s decision, Decherd said, “Skip Cass and I have worked closely together for more than half of his 22-year career at Belo Corp. and A. H. Belo. Skip’s breadth of knowledge at both the corporate and operating levels is unmatched within the Company, and we will all miss his management abilities, his strategic sense, and his interpersonal skills. As A. H. Belo adjusts to a smaller revenue base and more limited business development activity, it’s natural that Skip wants to move to an environment where his many skills can be fully utilized. We wish him the very best in this endeavor.”
Cass added, “I’ve had the good fortune to spend nearly my entire career working for one the finest media companies in existence and throughout that time was given the opportunity to contribute in all aspects of the business including newspaper, television, online and corporate. While it is a difficult decision to leave an organization that has been so good to me both professionally and personally, my long-standing ambition has been to run a company with a significant media and online presence and the time is right to begin a transition that allows me to pursue that goal.”