Changes At Arbitron
February 25, 2009 at 12:08 PM (PT)
Changes are happening at ARBITRON, as new CEO MICHAEL SKARZYNSKI is shuffling some duties.
In a Form 8-K filing with the SEC, ARBITRON wrote:
"In connection with a strategic review by ARBITRON INC. (the "Company") of its operations, effective as of FEBRUARY 24, 2009, the positions of President, Sales and Marketing and President, Technology, Research and Development of the Company have been eliminated."
Pres./Technology And Research OWEN CHARLEBOIS will exit MARCH 22nd, and while PIERRE BOUVARD will remain as EVP/Sales, his Pres./Sales Marketing position has been eliminated.
Arbitron Announces Quarterly Cash Dividend
ARBITRON announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.10 per common share ($0.40 per share on an annualized basis). The dividend will be paid on or about APRIL 1, 2009 to shareholders of record as of the close of business on MARCH 13, 2009.
As of JANUARY 31, 2009, there were approximately 26,410,000 shares outstanding.