Consolidation: ‘A Very Necessary Activity’


By Adam R Jacobson

chris-ripley-sbgiWith the shift of longtime Chairman/CEO David Smith to the role of Executive Chairman, his first step on the road to retirement, Sinclair Broadcast Group has given the keys to its own “Talented Mr. Ripley.”

With boyish looks and time spent in the California sun as head of UBS Investment Bank’s Los Angeles office and managing director of the bank’s Global Media Group, the University of Western Ontario graduate presided over his first quarterly conference call as the President/CEO of North America’s No. 1 owner of television stations by VHF and UHF count.

What’s Chris Ripley most enthused about? Growth, by way of acquisitions.

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