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EX-3.1 - EX-3.1 - BELO CORP | d83878exv3w1.htm |
8-K - FORM 8-K - BELO CORP | d83878e8vk.htm |
Exhibit 99.1
FOR IMMEDIATE RELEASE
Friday, July 29, 2011
9:00 A.M. CDT
Friday, July 29, 2011
9:00 A.M. CDT
TELEVISION COMPANY BELO CORP. (BLC) ELECTS NEW DIRECTOR
DALLAS Belo Corp. (NYSE: BLC), one of the nations largest pure-play, publicly-traded
television companies, announced today that its Board of Directors has elected Peter A. Altabef as a
Class II director of the Company effective July 28, 2011. Altabefs term will expire at Belos
Annual Meeting of Shareholders in May 2012, when he will be eligible for re-election by
shareholders. He will serve on the Audit Committee, Nominating and Corporate Governance Committee,
and the Compensation Committee.
Altabef, 51, served as president of Dell Services from 2009 to 2011. Prior to that, he was
president and Chief Executive Officer and a director of Perot Systems, Inc. from 2004 until 2009,
when he successfully led the acquisition of Perot Systems by Dell Inc. Under his leadership, Perot
Systems expanded its global presence to operate in approximately 25 countries with annual revenue
of $2.8 billion. He joined Perot Systems in 1993 and served in various capacities prior to
becoming president and Chief Executive Officer, including serving as vice president, secretary and
general counsel.
Prior to joining Perot Systems, Altabef was a partner with the Dallas law firm of Hughes and
Luce, L.L.P.
Altabef is active on various boards including the Board of Directors of Merit Energy Company,
the Associates Board of Childrens Medical Center Dallas, the Board of Trustees of Dallas
Childrens Theater, and Co-Chairman of the Northwestern University Parents Fund.
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Belo Elects New Director
July 29, 2011
Page Two
July 29, 2011
Page Two
About Belo Corp.
Belo Corp. (BLC), one of the nations largest pure-play, publicly-traded television companies,
owns and operates 20 television stations (nine in the top 25 markets) and their associated Web
sites. Belo stations, which include affiliations with ABC, CBS, NBC, FOX, and the CW, reach more
than 14 percent of U.S. television households in 15 highly-attractive markets. Belo stations rank
first or second in nearly all of their local markets. Additional information is available at
www.belo.com or by contacting Paul Fry, vice president/Investor Relations & Treasury Operations, at
214-977-4465.
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