Business News
Newspaper Publisher A. H. Belo Corporation Announces Election of Ronald D. McCray as a Director
Thursday 23. September 2010 - Newspaper publisher A. H. Belo Corporation (NYSE: AHC) today announced that Ronald D. McCray, most recently vice president and chief administrative officer of Nike, Inc., was elected a director by the Company's Board of Directors. McCray will stand for re-election as a Class I Director at the Company's annual meeting in 2011.
McCray brings nearly 30 years of experience to A. H. Belo’s Board. Prior to Nike, McCray spent two decades at Kimberly-Clark Corporation, where he served as senior vice president/Law and Government Affairs and chief compliance officer. Earlier in his career, McCray served in the corporate law practices of Jones Day and Weil, Gotshal & Manges. McCray is a member of boards or advisory groups at Cornell University, Harvard Law School, Boston Championship Basketball Partners LLC (owner of the Boston Celtics) and several non-profit organizations. Between 2003 and 2006, McCray served on the board of directors of newspaper publisher Knight-Ridder, Inc.
Robert W. Decherd, chairman, president and Chief Executive Officer, said, “Ron is a longtime resident of Dallas and a recognized leader in our community. His executive, legal and board level experience managing change across a range of industries will strengthen the Company’s ability to identify, evaluate and pursue opportunities that align with A. H. Belo’s strategy and create value for shareholders.”
McCray said, “I am excited about this unique opportunity to help build on A. H. Belo’s record of journalistic and financial excellence as it addresses the challenges and opportunities facing the newspaper publishing industry.”