A. H. Belo Corporation Names Michael J. O'Hara Senior Vice President and Chief Information Officer
DALLAS, April 30, 2010 -- Newspaper publisher A. H. Belo Corporation (NYSE: AHC) announced today that Michael J. O'Hara has been promoted to senior vice president and Chief Information Officer. In this role, O'Hara will continue to manage core technology systems and oversee the combination of the former Belo Technology and Belo Interactive teams into a single organization. This new organization will support all the technology infrastructure and digital technology development needs for the Company. O'Hara will report to Jim Moroney, executive vice president of A. H. Belo Corporation and publisher and Chief Executive Officer of The Dallas Morning News, the flagship property of the Company.
O'Hara brings more than 20 years of experience in the technology field. He has served as vice president/Information Technology for A. H. Belo Corporation since January 2009. O'Hara joined the Company in October of 2006 as the Executive Director of Technology. He previously served as IT Director at The Los Angeles Times.
"In today's world, it is absolutely critical for a media company like A. H. Belo to have a strong technology backbone, with the leadership to match," said Moroney. "I know that by overseeing a unified technology organization, Michael will be able to increase productivity and responsiveness, and also find new efficiencies in the support his technology teams provide for the digital and mobile initiatives of all the Company's properties."
"It is important for A. H. Belo to continue implementing technologies that will enable the business to respond quickly to changes in the market. These technologies must support both our core print business as well as our digital initiatives," said O'Hara.
"Mike has demonstrated the ability to get things done and to do them in a way that includes all stakeholders in the outcome. His extensive experience and consistently strong leadership makes him an easy choice for this job," said Moroney.
About A. H. Belo Corporation
A. H. Belo Corporation (NYSE: AHC), headquartered in Dallas, Texas, is a distinguished newspaper publishing and local news and information company that owns and operates four daily newspapers and a diverse group of Web sites. A. H. Belo publishes The Dallas Morning News, Texas' leading newspaper and winner of nine Pulitzer Prizes since 1986; The Providence Journal, the oldest continuously-published daily newspaper in the U.S. and winner of four Pulitzer Prizes; The Press-Enterprise (Riverside, CA), serving southern California's Inland Empire region and winner of one Pulitzer Prize; and the Denton Record-Chronicle. The Company publishes various specialty publications targeting niche audiences, and its partnerships and/or investments include the Yahoo! Newspaper Consortium and Classified Ventures, owner of cars.com. A. H. Belo also owns direct mail and commercial printing businesses. Additional information is available at http://www.ahbelo.com/ or by contacting David A. Gross, vice president/Investor Relations and Strategic Analysis, at 214-977-4810.
Statements in this communication concerning A. H. Belo Corporation's (the "Company's") business outlook or future economic performance, anticipated profitability, revenues, expenses, dividends, capital expenditures, investments, impairments, pension plan contributions, future financings, and other financial and non-financial items that are not historical facts, are "forward-looking statements" as the term is defined under applicable federal securities laws. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those statements.
Such risks, uncertainties and factors include, but are not limited to, changes in capital market conditions and prospects, and other factors such as changes in advertising demand and newsprint prices; newspaper circulation trends and other circulation matters, including changes in readership patterns and demography, and audits and related actions by the Audit Bureau of Circulations; challenges in achieving expense reduction goals, and on schedule, and the resulting potential effects on operations; technological changes; development of Internet commerce; industry cycles; changes in pricing or other actions by competitors and suppliers; regulatory, tax and legal changes; adoption of new accounting standards or changes in existing accounting standards by the Financial Accounting Standards Board or other accounting standard-setting bodies or authorities; the effects of Company acquisitions, dispositions, co-owned ventures, and investments; pension plan matters; general economic conditions and changes in interest rates; significant armed conflict; and other factors beyond our control, as well as other risks described in the Company's Annual Report on Form 10-K for the year ended December 31, 2009, and other public disclosures and filings with the Securities and Exchange Commission.