Consumer >> CEO Interviews >> December 6, 1999
W. DON CORNWELL has been Chief Executive Officer of Granite Broadcasting
Corporation since October 1988. Granite, which owns and operates
television stations in geographically diverse markets, had net revenues
during 1998 of $193 million. Granite was the 1995 Black Enterprise
Company of the Year and is number eight on Black Enterprise Magazine's
1998 Industrial/Service 100 List. Mr. Cornwell's career spans 28 years.
He previously served as Vice President ' Investment Banking Division of
Goldman, Sachs & Co. While at Goldman Sachs, Mr. Cornwell was engaged in
public and private financing of publicly traded and privately owned
companies, with a primary focus on consumer product and media companies.
In addition to transaction responsibility, Mr. Cornwell served as the
Chief Operating Officer of the Corporate Finance Department from
1980-1988 where he was responsible for the day-to-day management of a
staff of over 150 professionals. Currently, Mr. Cornwell is Chairman of
the Board of the Telecommunications Development Fund and serves on the
Boards of Directors of the Hershey Trust Company, Milton Hershey School,
CVS Corporation and Pfizer, Inc. He is also a Trustee of Big
Brothers/Big Sisters of New York and Mt. Sinai University Medical
Center. Profile
company, just to set the stage for our readers?
Mr. Cornwell: We are a television broadcast station owner, we own
