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December 06, 2005
WALTER Z. BERGER NAMED EXECUTIVE VICE PRESIDENT ANDCHIEF FINANCIAL OFFICER, INFINITY BROADCASTING
Mr. Walter Z. Berger has been named to Infinity
Broadcasting's top financial post as Executive Vice
President and Chief Financial Officer, it was announced today by
Joel Hollander, Chairman and Chief Executive Officer of
Infinity. Mr. Berger will assume his responsibilities with the
Company in January 2006. He will report to Mr. Hollander.
"Walter Berger has the wealth of corporate financial
experience needed to support Infinity's financial
strategies and growth objectives for the future," Mr.
Hollander said. "His deep appreciation of our business and
outstanding reputation among the Wall Street community are two
key factors that led me to this appointment. As an integral
member of Infinity's management team, Walter's
business acumen and disciplined leadership will be a welcome
addition to Infinity at this important time of evolution in our
industry."
Mr. Berger succeeds Jacques Tortoroli, who, in October, was
named Senior Vice President, Corporate Controller and Chief
Accounting Officer of new Viacom, following the separation of the
organization into two publicly traded companies.
Mr. Berger formerly was Executive Vice President, Chief
Financial Officer, and member of the Board of Directors of
Indianapolis-based Emmis Communications Corporation (1999-2005),
recently named one of FORTUNE Magazine's 100 Best Places to
Work.
Prior to Emmis, Mr. Berger served as Group President of the
$3.3 billion Energy Marketing Division for LG&E Energy
Corporation, where he had previously served as Executive Vice
President and Chief Financial Officer. From 1992 to 1996, Mr.
Berger held a number of senior financial and operating management
positions in the manufacturing, service and energy fields. He
also spent seven years in financial management roles at Baker
Hughes, Inc.
Mr. Berger is a cum laude graduate of the University of
Massachusetts, Amherst, with a B.B.A. He is also a C.P.A. who
serves on numerous civic boards and committees. Mr. Berger
currently resides in Indianapolis with his wife and two sons and
will relocate to the tri-state area.
Infinity is one of the largest major-market radio operators in
the United States, with stations covering news, alternative rock,
country, FM talk, classic rock, oldies, JACK and urban formats,
among others. A division of Viacom Inc. (NYSE: VIA and VIA.B),
Infinity operates 179 radio stations, the majority of which are
in the nation's top 50 markets. Additionally, Infinity is home
to 29 of the country's leading sports franchises amongst MLB, the
NFL, the NBA, the WNBA, and the NHL including the New York
Yankees, New York Mets, Los Angeles Dodgers, Dallas Cowboys, New
England Patriots, New York Giants, Chicago Bears and the Detroit
Red Wings.
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Infinity Press Contact:
Karen L. Mateo
212/846-7638
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MEDIA CONTACTS
Karen L. Mateo
Vice President, Communications
(212) 649 9639
Allison Mandara
Press Representative
(212) 649 9606
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