DALLAS - DallasNews Corporation (NASDAQ:DALN), the parent company of The Dallas Morning News and Medium Giant, has announced the promotion of Cathy Collins to the position of Chief Financial Officer (CFO) effective today. Collins, who has been with the company for six years, will report directly to Katy Murray, the President of DallasNews Corporation.
Collins brings extensive experience to her new role, having previously worked for 16 years at ALM Media, where she served as Controller and later as a regional publisher. Her tenure at DallasNews Corporation has seen her progress through various leadership roles in finance, honing her skills in public accounting, financial planning, and analysis.
As the new CFO, Collins will oversee the finance, accounting, tax, and internal audit teams. Her promotion is part of a strategic move to bolster the company's commitment to financial excellence and support its goal of remaining a sustainably profitable media and marketing organization.
President Katy Murray expressed confidence in Collins' abilities, stating that her transition into the CFO role is expected to be seamless. Murray also highlighted Collins' contribution to strengthening the company's financial capabilities over the past six years.
In response to her appointment, Cathy Collins expressed her honor at taking on the CFO role and her eagerness to contribute to DallasNews Corporation's success and growth. Collins emphasized her anticipation of working closely with the management committee to drive the company's financial strategy.
DallasNews Corporation, headquartered in Dallas, Texas, is known for its flagship publication, The Dallas Morning News, which holds a strong journalistic reputation and community ties in the region. The company also owns Medium Giant, a full-service advertising agency with offices in Dallas and Tulsa.
This leadership change comes amid the company's ongoing efforts to navigate the evolving media landscape and maintain its position in the competitive market. The information about this appointment is based on a press release statement from DallasNews Corporation.
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