Case Study

Cox Media, CEO & Board

SRI places CEO and board member

Dan York, CEO and Bruce Rosenblum, Board

Service

Board

CEO

Industry

Media and Content

Private Equity

Location

Boston

Situation

  • In 2019 Apollo Global Management, one of the world’s largest private-equity firms, acquired the Cox Media Group (CMG), for $1.3 billion 
  • CMG operates television and radio stations throughout the US and is rapidly evolving its digital media presence and expanding into new content and advertising formats 

Challenge

  • Apollo engaged SRI to recruit a Chief Executive Officer to lead the company who would bring both broad television industry expertise as well as a track-record of building new capabilities and launching new digital entertainment services 
  • In the process of conducting the CEO search, SRI presented a number
    of candidates that Apollo felt could contribute to an Independent Executive Board 

Result

  • In the CEO role, SRI placed Dan York, former EVP and Group President of AT&Ts Direct TV unit. Additionally, CMG hired Bruce Rosenblum, former President, Disney-ABC Television Group to add to their independent executive board.

 

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