Beasley’s Big Adventure Continues

What a week for Beasley Media Group — on the heels of yesterday’s closing on its acquisition of the Greater Media properties comes word that, effective January 1, 2017, B. Caroline Beasley will assume the title of Chief Executive Officer. Ms. Beasley has served as the Company’s Executive Vice President, Chief Financial Officer, Treasurer and Secretary since 1994, as a Director of the Company since 1983 and as the Company’s Interim Chief Executive Officer since March of 2016, following George G. Beasley‘s medical leave of absence. George Beasley will continue to serve as Chairman of the Board and Ms. Beasley will continue to serve as a Board member. And there’s more — current Beasley VP of Finance Marie Tedesco will assume Ms. Beasley’s responsibilities as Chief Financial Officer, effective January 1, 2017.

Commenting on the appointments, George Beasley said, “Caroline brings to her new role an unrivalled passion for radio, our stations and the markets where we operate and I am proud that she will lead our expanded base of operations. She has the experience and industry knowledge to compete effectively in today’s multi-platform environment and has been instrumental in building our station platform and digital operations while bringing new efficiencies to our organization. I’m confident these accomplishments and experience will serve us well as we integrate the Greater Media assets and derive value from this compelling, value-building transaction. We look forward to the benefits of Caroline’s leadership, experience and relationships as we execute on our plans to further broaden the Company and ensure that our stations deliver excellent entertainment for listeners and high value for our advertising and brand clients.”

Mr. Beasley continued, “Similarly, Marie brings a long record of financial experience to her new role including contributions at Beasley in areas such as financial reporting, corporate growth and strategic development. We are delighted to have tremendous bench strength in the finance department as Marie will continue to work with our deep and experienced team of operations, marketing and sales professionals and outside advisors as we execute on our strategic growth initiatives.”