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Journal Broadcast Group CFO to Retire

Business Wire
posted: 23 DAYS 5 HOURS AGO

Ron Kurtis, senior vice president and chief financial officer for the Journal Broadcast Group, today announced he will retire effective December 27, 2009. Journal Broadcast Group is a division of Journal Communications, Inc. (NYSE:JRN).

Doug Kiel, vice chairman and CEO, said, “Ron has been an integral member of our leadership team and I have truly valued his knowledge of the industry and financial guidance as we have grown our broadcast group. He leaves our company with our thanks and appreciation for a job well done and our hope that he will enjoy his retirement.”

Kurtis said, “It’s been my privilege to work with extremely talented people over my career at Journal. I am proud to have helped our company grow from a Milwaukee-centric organization to a broadcast group with more than forty stations across the country. We’ve focused on creating a strong team and worked to make each market more successful for the future.” Kurtis is a thirty-six year employee with Journal.

About Journal Broadcast Group

Journal Broadcast Group owns and operates 33 radio stations and 13 television stations in 12 states and operates an additional television station under a local marketing agreement. Headquartered in Milwaukee, Wisconsin, it is the broadcast business of Journal Communications Inc., a diversified media company with operations in publishing, radio and television broadcasting, interactive media and printing services.

Forward-looking Statements

This press release contains certain forward-looking statements related to our businesses that are based on our current expectations. Forward-looking statements are subject to certain risks, trends and uncertainties, including changes in advertising demand and other economic conditions that could cause actual results to differ materially from the expectations expressed in forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. Our written policy on forward-looking statements can be found in our most recent Quarterly Report on Form 10-Q, as filed with the Securities and Exchange Commission.

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