Cox Media Group Promotes Brad Smith to Chief Financial Officer
10 Julio 2024 - 10:06AM
Cox Media Group (CMG) today announced that Brad Smith has been
promoted to Chief Financial Officer.
Smith joined CMG in 2020 as the SVP of Finance & FP&A
and has been the interim co-CFO for the last six months. His
promotion reflects his success in helping CMG develop its corporate
vision and business strategy while evolving the finance team to be
more effective and efficient.
“Brad brings a unique skillset and perspective to the role of
CFO,” said Dan York, CMG’s President & CEO. “He’s committed to
maximizing company performance and efficiency and has been
invaluable in helping CMG win in our local markets today while
positioning us to continue to do so in the future. This is a
well-earned promotion for Brad that also reflects the strength and
depth of CMG’s talented team.”
Smith spent the last 20 years of his career in the media space
at the crossroads of finance, strategy and operations. Prior to
CMG, Smith co-founded Videa, a media technology start-up, where he
was SVP of Revenue and Operations. His experience also includes
stints as CFO for Four Points Media Group and VP of Finance for NBC
Universal.
During his time at CMG, Smith and his teams have successfully
streamlined financial operations by focusing on the fundamentals of
the business and automating where possible. That includes
increasing advertising and retransmission revenue and implementing
focused cost management strategies that have allowed CMG to
reinvest in the business.
“We have a great team at CMG, one that’s bonded by our
commitment to creating value and generating revenue while helping
our customers grow their businesses,” Smith said. “Local media is
special because of the positive impact we have on the communities
and businesses we serve. To consistently do that requires
collective dedication and partnerships across CMG to align vision
with strategy and execution to ultimately exceed our business
goals.”
Smith, a native New Yorker, lives on Long Island with his wife
and 3 children. He’s active in his community, including running a
not-for-profit baseball program for nearly 500 kids in his local
community. He has an Economics degree from Hobart and William Smith
Colleges.
About Cox Media GroupCMG Media Corporation
(d/b/a Cox Media Group) is an industry-leading media company with
unparalleled brands, award-winning content, and exceptional team
members. CMG provides valuable local and national journalism and
entertainment content to the people and communities it serves. The
company's businesses encompass 14 high-quality, market-leading
television brands in 9 markets; 50 top-performing radio stations
delivering multiple genres of content in 10 markets; a Washington,
DC news bureau; and numerous streaming and digital platforms. CMG's
TV portfolio includes multiple primary affiliates of ABC, CBS, FOX,
NBC, Telemundo and MyNetworkTV, as well as several valuable news
and independent stations. For more information about CMG,
visit www.coxmediagroup.com.
Media Contact:
CMGmediarelations@cmg.com