Consumer >> CEO Interviews >> March 3, 2002

Robert Decherd – Belo Corporation (blc)

ROBERT W. DECHERD is Chairman of the Board, President and Chief Executive Officer of Belo Corporation. He has worked for Belo since his graduation in 1973 from Harvard College, where he was President of The Harvard Crimson. Mr. Decherd began his career with Belo at The Dallas Morning News. He was appointed assistant to the executive editor of The Morning News in 1976 and in 1978 became Belo's first corporate staff executive. Beginning in 1979, Mr. Decherd served successively as Vice President, Executive Vice President and Chief Operating Officer of the company. He was named Belo's President and Chief Operating Officer in 1985 and became Chairman and Chief Executive Officer in 1987. In leading Belo's evolution as a publicly held company in the 1980s, Mr. Decherd created the foundation for one of the largest media companies in the United States. With the $1.8 billion acquisition of The Providence Journal Company in 1997, Belo emerged as one of America's premier news- gathering and advertising sales organizations. Today, Belo owns four daily newspapers, 18 television stations, and six local cable news channels. It also manages two television stations through local marketing agreements. Belo is a Fortune 1000 company with 8,000 employees and $1.4 billion in 2001 revenues. Profile
TWST: Could we start out with a quick overview of Belo, how you see the

company today?

Mr. Decherd: We are a mid-cap television broadcasting/ newspaper

publishing company that has extended