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Posts Tagged ‘Tony Cassara’

Tony Cassara Steps Down As Young Broadcasting CEO

Tony Cassara is stepping down as CEO of Young Broadcasting after less than a year at the helm, the company announced today.

“Tony has advised us that he would like to pursue interests outside of Young Broadcasting, including the ownership of other broadcasting stations,” Thomas Sullivan, Young Broadcasting’s chairman of the board, said in a statement. “Accordingly, Tony has tendered his resignation as chief executive officer and member of the board of directors, effective March 13, 2012. We wish Tony well in his new endeavors.”

Deborah McDermott will continue in her role as president of Young Broadcasting and will be responsible for day-to-day operations as the company searches for Cassara’s replacement. Cassara will also give up his seat on Young’s board of directors.

Cassara is a former general manager of KTLA, the CW-affiliate in Los Angeles. He is also a former president of Paramount Pictures’ Television Stations Group. Read more

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Tony Cassara Named Young CEO

Tony Cassara is the new CEO of Young Broadcasting.

The company announced this week that Cassara, a current board member, would succeed longtime boss Vince Young, who resigned from the CEO post in March.

“Young Broadcasting is experiencing a terrific resurgence, having emerged from bankruptcy with the best balance sheet in the industry,” Cassara boasted in a press release. “I am proud to lead Young and look forward to expanding our opportunities for continued success.”

Cassara has decades of experience in the TV industry. In 1977, he joined KTLA and became the youngest general manager in the station’s history. He went on to oversee the expansion of Paramount Pictures’ Television Stations Group from 1993 to 2000, and eventually joined Chartwell Partners where he worked to grow Univision.

Deborah McDermott continues as president of Young, overseeing the company’s 10 stations.