Pricejamieson MR Vacancies



New Arbitron Board
20/11/00





The members of Arbitron's Board of Directors who will take office at the time of Arbitron's spin-off from Ceridian and will guide the strategic direction of Arbitron (following the completion of the spin) have now been announced.

Ceridian announced in July 2000 its intention to separate into two publicly traded companies, Ceridian Corporation and Arbitron Inc. After the transaction is complete, Stephen B. Morris, president of Ceridian's Arbitron business, will be named president and chief executive officer of Arbitron Inc. and will become a member of Arbitron's Board of Directors. Arbitron will continue to be headquartered in New York, with a research and operations centre located in Columbia, Maryland.

According to Stephen B Morris, President, "We selected board members with experience in media, marketing, high technology and finance to help guide the strategic direction of Arbitron as we move forward as an independent entity. We intend to bring clear focus on our core radio business and the opportunities presented by our two promising new technologies, the Portable People Meter and Arbitron Webcast Ratings. We also believe in strong corporate governance and will ensure the independence of our new board with the strong leadership of its members."

In addition to Mr. Morris, the members of the Arbitron board will be:
  • Lawrence Perlman recently retired from Ceridian Corporation after serving 10 years as chairman and chief executive officer. Mr. Perlman will be the non-executive chairman

  • Erica Farber, publisher and CEO of Radio and Records, a company she has served for eight years

  • Kenneth F. Gorman, principal and co-owner of Apollo Partners Ltd. for 13 years and formerly an executive with Viacom for 16 years

  • Philip Guarascio, vice president and general manager of General Motors Corporation in charge of North America Advertising and Corporate Marketing

  • Larry E. Kittelberger, senior vice president and chief information officer of Lucent and formerly senior vice president and CIO of Allied Signal, Inc.

  • Luis G. Nogales, senior adviser, Private Equity Group, Deutsche Bank, and president of Nogales Partners, an investment firm in Los Angeles

  • Richard A. Post, managing partner of Lonetree Capital Partners, and formerly executive vice president and chief financial officer of MediaOne Group.