Hubbard CEO Bruce Reese steps down

By on Jul, 7 2014 with Comments 0

bruce-ReeseHubbard Radio announced Ginny Morris will maintain her chairmanship and become CEO, effective immediately. Bruce Reese, current President and CEO, will continue his involvement with the company as Special Advisor to Hubbard Radio.

Reese first joined Bonneville International in 1984 and was appointed president and CEO in 1996. An industry leader, he was instrumental in the transition when the 17 Bonneville stations across four markets (Washington, D.C., Chicago, St. Louis and Cincinnati) were purchased by Hubbard Radio in 2011.

The acquisition also meant the addition of 547 Bonneville employees.

According to Morris, “Working with Bruce over these last three and a half years on the integration, first on the Bonneville assets and subsequently those we bought from Sandusky and merged into a new Hubbard Radio, has been a great experience. Bruce is smart and strategic and he shares many of the values that

our family holds dear—a commitment to localism, honesty and integrity. He has helped to establish a great foundation for the company and we are grateful to still have the benefit of his wise counsel.”

Said Reese, “Over the last two decades, I’ve had the opportunity to run two great radio companies. After Bonneville was brought into Hubbard Radio, we all worked to preserve the values and spirit of both organizations while creating one corporate identity and culture. The success of the transition has exceeded my hopes, and I am grateful for the trust shown to me by Ginny and the entire Hubbard Radio family. Our company is performing well, and the time is right for Ginny to step into this role. I look forward to continuing to work with the Hubbard team in an advisory capacity while eagerly looking forward to the next chapter in my life.”

Morris has been chair of Hubbard Radio since 2011 and is a third-generation broadcaster with over 30 years of radio and television broadcasting experience. She currently serves on the board of the RAB, Broadcast Music, Inc., the Library of American Broadcasting and the NAB.

In May 2013, Morris was honored with the National Radio Award by NAB and the Radio Advertising Bureau for her outstanding leadership in the industry. Additionally, Morris serves as a board member of the University of Minnesota Foundation and University of St. Thomas.

About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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