Peter D. Thompson Named Radio One's CFO
February 20, 2008 at 7:08 AM (PT)
RADIO ONE announced TODAY that PETER D. THOMPSON has assumed the role of CFO, reporting to CEO ALFRED C. LIGGINS, III.
LIGGENS stated, "I am very pleased to announce that PETER D. THOMPSON has taken on the role of Chief Financial Officer, a position vacated on DECEMBER 31st, 2007. Mr. THOMPSON is very familiar with RADIO ONE having served as a consultant in 2006 with regard to certain strategic initiatives and most recently joining the senior executive team last fall as EVP/Business Development. In that most recent position he focused on our business diversification strategy, including our Internet initiative and potential acquisitions and also participated in the 2008 budget process, monitored our covenant compliance and participated in the year end close process.
"Thus, while he is officially starting as CFO TODAY, for several months he has been providing valuable analysis and advice with respect to the Company's overall financial performance. Mr. THOMPSON has deep roots in the entertainment field and relevant experience in public accounting and financial and systems management. His steady hand and solid experience is a welcome asset to the Company."