Radio One, Inc. Hires Rick Porter as Senior Vice President And Regional Manager
Will Oversee the Operations of the Company's Louisville, Columbus, Dayton and Cincinnati Markets Will Become General Manager of the Cincinnati StationsRadio One, Inc. (Nasdaq: ROIAK; ROIA) announced that, as of November 19, 2001, it has hired Rick Porter as Senior Vice President and Regional Manager of its Louisville (WDJX-FM, WBLO-FM, WGZB- FM, WULV-FM, WMJM, WLRS-FM), Columbus (WCKX-FM, WXMG-FM, WJYD-FM), Dayton (WGTZ-FM, WDHT-FM, WING-AM WKSW-FM) and Cincinnati (WIZF-FM, WDBZ-AM) markets. In this newly created position, Mr. Porter will oversee the operations of those markets. In addition, he will assume the responsibilities of General Manager for the Cincinnati stations in which he will oversee the day-to-day operations. Mr. Porter will report to Radio One's Chief Operating Officer, Mary Catherine Sneed. Mr. Porter will be based in the Cincinnati market.
For the last three years, Mr. Porter served as the Vice President and Market Manager of Clear Channel's WMMX-FM, WTUE-FM, WLQT-FM, WXEG-FM, WDKF-FM, WBKI-FM, WONE-AM, and WIZE-AM in Dayton, Ohio. Mr. Porter started his broadcasting career as an Account Executive for Affiliated Broadcasting's WSAI-FM, and Taft Broadcasting's WKRQ-FM in Cincinnati, Ohio. In 1982, Mr. Porter was promoted to Taft's WDAE-AM as Local Sales Manager in Tampa, Florida. Two years later he moved back to Cincinnati to work for Jacor Communication's WLW-AM where he was quickly propelled from Regional to Local and then to General Sales Manager. Before being promoted to his last position with Jacor/Clear Channel, Mr. Porter held the fort down in Salt Lake City as the Vice President and General Manager for their KALL-AM, KODJ-FM, and KWLW- AM.
Commenting on the hiring, Mary Catherine Sneed, the Company's Chief Operating Officer stated, "Rick comes to us with a wealth of knowledge in the radio broadcasting industry. His professional experience and our knowledge of his unparalleled reputation and accomplishments make him a perfect fit for Radio One. I'm confident that his insight and judgment will guide him in conducting successful operations in our Louisville, Columbus, Dayton and Cincinnati markets."
"This job allows me and my family the opportunity to return to our hometown in Cincinnati, and as a Regional Vice President with Radio One, oversee a great collection of radio properties," said Rick Porter. "This is a great opportunity, and I am excited to be joining the Radio One team," he added.
Radio One is the nation's seventh largest radio broadcasting company (based on 2000 pro forma revenue) and the largest primarily targeting African- American and urban listeners. Pro forma for all announced acquisitions and operating agreements, the Company owns and/or operates 65 radio stations located in 22 of the largest markets in the United States and programs five channels on the XM Satellite Radio System.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Because these statements apply to future events, they are subject to risks and uncertainties that could cause actual results to differ materially, including the absence of a combined operating history with an acquired company or radio station and the potential inability to integrate acquired businesses, need for additional financing, high degree of leverage, granting of rights to acquire certain portions of the acquired company's or radio station's operations, variable economic conditions and consumer tastes, as well as restrictions imposed by existing debt and future payment obligations. Important factors that could cause actual results to differ materially are described in the Company's reports on Forms 10-K and 10- Q and other filings with the Securities and Exchange Commission.
MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X64460172SOURCE Radio One, Inc.
CONTACT: Loretta Battle Washington, Chief Executive Assistant of Radio One, Inc., +1-301-429-2644 (ROIA ROIAK) http://www.prnewswire.com
Copyright (C) 2001 PR Newswire. All rights reserved.