Beasley Broadcast Group CEO George G. Beasley Takes Medical Leave
March 18, 2016 at 1:29 PM (PT)
BEASLEY BROADCAST GROUP CEO GEORGE BEASLEY will be on a medical leave of absence, effective immediately. EVP/CFO CAROLINE BEASLEY will serve as Interim CEO during his absence. BEASLEY will continue to serve as Chairman of the company’s Board of Directors.
CAROLINE BEASLEY has served as the company’s EVP/CFO, Treasurer and Secretary since 1994 and as a Director since 1983. She joined the company in 1983 and since that time has served in various capacities, including Business Manager, Assistant Controller and Corporate Controller. Ms. BEASLEY currently serves on the Board of Directors of the NATIONAL ASSOCIATION OF BROADCASTERS and on the Board of Directors of BMI. Ms. BEASLEY is the daughter of GEORGE G. BEASLEY and the sister of BRUCE G. BEASLEY, Pres./ COO and Director of the Company and BRIAN E. BEASLEY, VP/Operations and Director of the Company.
Ms. BEASLEY commented, "GEORGE’s passion for radio and entrepreneurial spirit have made a positive and lasting impact on the industry and in the development and long-term success of BEASLEY BROADCAST GROUP. On behalf of company employees, family, friends and business associates, our heartfelt thoughts are with GEORGE during his medical leave. Out of respect, we will be honoring his request for privacy and will not be commenting further on his condition at this time.
“Given the life-long participation in the radio industry and at BEASLEY BROADCAST GROUP of President and COO BRUCE BEASLEY; VP Operations BRIAN BEASLEY; myself, and our strong team of corporate and local management and personnel, I am confident that our operations will remain completely on course during GEORGE’s leave.”