NEW YORK, Sept. 9, 2013 /PRNewswire/ -- Jeremy Male, an executive with enormous experience in the global outdoor business, has been named to the position of Chief Executive Officer of CBS Outdoor Americas, it was announced today by Leslie Moonves, President and Chief Executive Officer of CBS Corporation. Male will take on his new role effective later this month, reporting to Moonves.
"We are very pleased that Jeremy is joining us at this crucial time for our outdoor business," said Moonves. "Having previously announced a separate agreement to divest our international outdoor business, we are now in the process of creating a new and independent entity that will be comprised of our out-of-home assets in North and South America. Jeremy is the perfect executive to maximize shareholder value in this portion of our operations as we prepare to split off those assets into a new public company. Having a seasoned and dynamic executive like Jeremy at the helm can only add to the strength and direction of this new, independent company, and we very much look forward to the contributions he will make in that regard."
Male has had a long and successful career in senior management positions at a number of highly regarded outdoor companies. Most recently, he served as the Chief Executive Officer of UK, Northern Europe and Australia at JCDecaux SA. He also served as a Member of the Executive Board at JCDecaux SA since October 2000 and is highly regarded within the analyst and investor community. In addition, Male has held a number of positions as a member of executive and supervisory boards of various JCDecaux subsidiary operations.
Prior to joining JCDecaux, Male was Director of European Operations for TDI, then a subsidiary of Viacom. Male also held numerous management positions in consumer goods companies such as Jacobs Suchard and Tchibo.
At the same time, the Company announced that Wally Kelly has been named President and Chief Operating Officer. Kelly has been with CBS Outdoor since 1996, and has led the group to market leadership and continual growth over that time.
"Wally has deep experience in the ins and outs of our day-to-day outdoor sales and operations in the U.S.," said Moonves. "His competitive spirit and knowledge of the U.S. marketplace will be invaluable to Jeremy as he leads the team forward to achieve our goals."
About CBS Outdoor Americas
CBS Outdoor is one of the largest out-of-home media companies in the Americas and has a major presence throughout the United States, Canada, Mexico and South America. With both traditional outdoor (billboard and transit) advertising properties and a network of digital displays and mobile offerings, CBS Outdoor gives advertisers both breadth and depth of coverage across vast geographies, as well as immersive ways to connect with advertisers. For more information, visit www.cbsoutdoor.com.
About CBS Corporation
CBS Corporation (NYSE: CBS.A and CBS) is a mass media company that creates and distributes industry-leading content across a variety of platforms to audiences around the world. The Company has businesses with origins that date back to the dawn of the broadcasting age as well as new ventures that operate on the leading edge of media. CBS owns the most-watched television network in the U.S. and one of the world's largest libraries of entertainment content, making its brand – "the Eye" – one of the most recognized in business. The Company's operations span virtually every field of media and entertainment, including cable, publishing, radio, local TV, film, outdoor advertising, and interactive and socially responsible media. CBS's businesses include CBS Television Network, The CW (a joint venture between CBS Corporation and Warner Bros. Entertainment), Showtime Networks, CBS Sports Network, TVGN (a joint venture between CBS Corporation and Lionsgate), Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS Radio, CBS Outdoor, CBS Television Studios, CBS Global Distribution Group (CBS Studios International and CBS Television Distribution), CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia. For more information, go to www.cbscorporation.com.
SOURCE CBS Corporation