NBR Worldwide Names Ferrell Executive Vice President of Operations/CFO

NEW YORK, Nov. 10, 2010 /PRNewswire/ -- NBR Worldwide, Inc., the owner of PBS' Nightly Business Report (NBR), today announced that Gary Ferrell has been appointed the company's Executive Vice President of Operations and Chief Financial Officer.

Mr. Ferrell will be responsible for overseeing NBR Worldwide's daily production of, and personnel responsibilities for, Nightly Business Report, the nation's most-watched daily business news program. Mr. Ferrell will be instrumental in continuing to grow the program's content through current and future strategic partnerships such as ones recently executed with Planet Forward and Horrow Sports' "Beyond the $coreboard."

"Gary is a tremendous member of the executive team and may be the most qualified individual for this position in the entire public television system," said Mykalai Kontilai, Chairman and Chief Executive of NBR Worldwide. "Gary has overseen over 250 public television productions throughout his career as either a CEO or CFO. His comprehensive experience in executive management, personnel, financial management, and production is unmatched in the public television system. He has my complete confidence."

Mr. Ferrell has worked in public television for more than 24 years. He is the former President and Chief Executive Officer of North Texas Public Broadcasting Inc. (NTPB), which owns and operates one of the largest member stations - KERA television in Dallas; the former Chief Financial Officer of KCET public television in Los Angeles where he was responsible for overseeing the financial operations of the station; and the former Chairman of the Public Television Major Market Group (PTMMG), a board consisting of the chief executives from the public television system's largest stations. He most recently served as President of Public Media, a new media company that specializes in production, graphic design and web development.  

Mr. Ferrell will report directly to Mr. Kontilai. Rob Sparks, who had served as interim COO, has been appointed Chief Legal Officer.

"I am fully committed to ensuring Nightly Business Report continues to provide the unique in-depth reporting and analysis our viewers have come to expect," Mr. Ferrell said. "I'm excited for the opportunity to ensure we continue doing what we do well while also finding new opportunities for growth."

Mr. Ferrell holds a BBA degree from Baylor University and an MBA degree from Pepperdine University. He is also a Certified Public Accountant.

About Nightly Business Report: For more than three decades, the award-winning Nightly Business Report has provided business news in a fast-paced format. Timely investment information helps viewers manage their money and stay abreast of the news that affects their portfolios. Nightly Business Report premiered as a Miami regional program on January 22, 1979, with national distribution beginning in 1981. Underwritten by Franklin Templeton Investments, Nightly Business Report is distributed live to public television stations at 6:30pm ET every weeknight. Local broadcast times vary.

SOURCE Nightly Business Report