A. H. Belo (AHC) CEO Robert Decherd to Retire in September; Succeeded by Jim Moroney III
A. H. Belo Class A (NYSE: AHC) announced today that Robert W. Decherd, its Chief Executive Officer since the Company's spin-off from Belo Corp. in February 2008, will retire as CEO in September and be succeeded by James M. (Jim) Moroney III. Moroney is currently executive vice president of the Company and publisher and CEO of The Dallas Morning News.
Decherd, 62, will become vice chairman of the Board of Directors and continue to serve as a member of the Board. Moroney, 56, will maintain his role as publisher and CEO of The Morning News. Moroney will be elected to the Board of Directors at its regular meeting in September.
Moroney has been publisher and CEO of The Morning News since June 2001 and has led the newspaper during a period of journalistic achievement and dramatic change. The Morning News has won three Pulitzer Prizes since 2001. Moroney has been active in a wide range of newspaper industry matters and completed a term as chairman of the Newspaper Association of America in April. Prior to becoming CEO of The Morning News, Moroney held numerous roles in Belo's senior management, including president of its Television Group and president of Belo Interactive.
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