Cox Names Easterly Vice Chairman
ATLANTA (AP) _ Cox Enterprises Inc. has named David E. Easterly to the new position of vice chairman and G. Dennis Berry to succeed him as president and chief operating officer.
Under the changes, effective Jan. 1, Berry will report to Easterly, said Chairman Jim Kennedy, who described the moves as succession planning.
``I need to be ready for the future when others retire,″ said Kennedy, who is 52. ``We’ve grown a lot and you don’t want to get thin on management.″
Kennedy told The Atlanta Journal-Constitution, which is owned by Cox, that he does not expect the 58-year-old Easterly to retire ``anytime real soon″ but believes that may happen before Easterly’s 65th birthday. The company does not have a mandatory retirement age.
Easterly was out of town Wednesday and unavailable for comment.
Easterly, who has been president and COO for six years, is a former publisher of The Atlanta Journal-Constitution.
Berry, 56, also a former publisher of The Atlanta Journal-Constitution, has been president of Manheim Auctions, Cox’s auto auctions subsidiary.
Cox Enterprises publishes 18 daily newspapers in several cities. It also owns 15 television stations and 81 radio stations, making it the fourth-largest radio company nationally. The company also owns Internet ventures and controlling interests in Cox Radio and Cox Communications, a cable television company.
The company’s revenue this year is expected to be near $8 billion.
Easterly, who is also vice chairman of The Associated Press board of directors, will retain some duties he held as Cox president. He will oversee Internet and new media activities, and radio and television operations will report to him after the retirement of Cox Broadcasting President Nicholas D. Trigony at the end of the year.
Berry will oversee the company’s newspapers unit, Manheim, financial operations, human resources, marketing and corporate communications.
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