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Beasley Broadcast Group, Inc. Appoints Lauren Burrows Coleman as Chief Financial Officer

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Beasley Broadcast Group (Nasdaq: BBGI) has appointed Lauren Burrows Coleman as Chief Financial Officer, effective November 1, 2024, replacing retiring CFO Marie Tedesco who served the company for 33 years. Burrows Coleman joins from Wayfair, where she served as Global Head of Strategic Corporate and Commercial Finance, leading a team of 50 across various financial functions. Her career includes positions at WindSail Capital Group, Wind Point Partners, and GE Capital. She holds an MBA from Harvard Business School and an A.B. cum laude from Dartmouth College.

Beasley Broadcast Group (Nasdaq: BBGI) ha nominato Lauren Burrows Coleman come Direttore Finanziario, a partire dal 1 novembre 2024, sostituendo la CFO uscente Marie Tedesco, che ha servito l'azienda per 33 anni. Burrows Coleman proviene da Wayfair, dove è stata Responsabile Globale della Finanza Strategica Aziendale e Commerciale, guidando un team di 50 persone attraverso varie funzioni finanziarie. La sua carriera include posizioni presso WindSail Capital Group, Wind Point Partners e GE Capital. Ha conseguito un MBA presso la Harvard Business School e una laurea A.B. cum laude presso il Dartmouth College.

Beasley Broadcast Group (Nasdaq: BBGI) ha nombrado a Lauren Burrows Coleman como Directora Financiera, con efecto a partir del 1 de noviembre de 2024, reemplazando a la CFO saliente Marie Tedesco, quien ha estado en la empresa durante 33 años. Burrows Coleman se une a la compañía desde Wayfair, donde fue Jefa Global de Finanzas Corporativas y Comerciales Estratégicas, dirigiendo un equipo de 50 personas en diversas funciones financieras. Su carrera incluye posiciones en WindSail Capital Group, Wind Point Partners y GE Capital. Posee un MBA de la Harvard Business School y una licenciatura A.B. cum laude del Dartmouth College.

비즐리 방송 그룹 (Nasdaq: BBGI)는 로렌 버로우스 콜맨을 최고 재무 책임자(CFO)로 임명했으며, 2024년 11월 1일부터 발효됩니다. 그녀는 33년 동안 회사를 위해 일해온 퇴임 CFO 마리 테데스코를 대체하게 됩니다. 버로우스 콜맨은 Wayfair에서 글로벌 전략 기업 및 상업 금융 부서장을 역임했으며, 다양한 재무 기능을 가진 50명의 팀을 이끌었습니다. 그녀의 경력에는 WindSail Capital Group, Wind Point Partners 및 GE Capital에서의 직책이 포함됩니다. 그녀는 하버드 비즈니스 스쿨에서 MBA를 취득했으며, 다트머스 대학에서 cum laude로 A.B.를 받았습니다.

Beasley Broadcast Group (Nasdaq: BBGI) a nommé Lauren Burrows Coleman au poste de Directrice Financière, avec effet au 1er novembre 2024, remplaçant la CFO sortante Marie Tedesco qui a servi l'entreprise pendant 33 ans. Burrows Coleman rejoint l'entreprise en provenance de Wayfair, où elle était Responsable Mondiale des Finances Stratégiques Corporatives et Commerciales, dirigeant une équipe de 50 personnes dans diverses fonctions financières. Sa carrière comprend des postes chez WindSail Capital Group, Wind Point Partners et GE Capital. Elle est titulaire d'un MBA de la Harvard Business School et d'une A.B. cum laude du Dartmouth College.

Beasley Broadcast Group (Nasdaq: BBGI) hat Lauren Burrows Coleman zur Finanzvorständin (CFO) ernannt, die am 1. November 2024 ihr Amt antreten wird. Sie ersetzt die scheidende CFO Marie Tedesco, die 33 Jahre lang für das Unternehmen tätig war. Burrows Coleman kommt von Wayfair, wo sie als globale Leiterin der strategischen Unternehmens- und Handelsfinanzen tätig war und ein Team von 50 Personen in verschiedenen finanziellen Funktionen leitete. Zu ihrer Karriere gehören Positionen bei WindSail Capital Group, Wind Point Partners und GE Capital. Sie hat einen MBA von der Harvard Business School und einen A.B. cum laude vom Dartmouth College.

Positive
  • Appointment of experienced financial executive with diverse background in media, finance, and strategic leadership
  • New CFO brings expertise from major public company (Wayfair) and private equity firms
  • Smooth leadership transition with planned succession
Negative
  • Departure of long-term CFO with 33 years of company-specific experience

Marie Tedesco to Retire as CFO Following Three Decades of Service

NAPLES, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Beasley Broadcast Group, Inc. (Nasdaq: BBGI), a multi-platform media company, today announced the appointment of Lauren Burrows Coleman as Chief Financial Officer, effective Friday, November 1, 2024. Longtime CFO Marie Tedesco will retire from Beasley after 33 years of dedicated service to the company.

Before joining Beasley, Ms. Burrows Coleman served as Global Head of Strategic Corporate and Commercial Finance at Wayfair (NYSE: W), where she led a global team of 50 across Financial Planning & Analysis, Commercial Finance, Capital Markets, Corporate Development, and Global Tax functions.

Ms. Burrows Coleman’s impressive career also includes leadership positions at WindSail Capital Group and Wind Point Partners, both private equity firms, as well as GE Capital, where she managed equity and debt investments across various industries. She began her career as an investment banker in the Communications & Media group at Lehman Brothers.

“We are absolutely thrilled to welcome Lauren into the Beasley family,” said Caroline Beasley, Chief Executive Officer of Beasley Broadcast Group, Inc. “Her extensive and diverse experience, combined with her leadership skills, are exactly what we need to drive the company forward as we evolve into the future.”

Ms. Burrows Coleman holds an MBA from Harvard Business School and an A.B. cum laude from Dartmouth College.

She will succeed Marie Tedesco, who is retiring on November 1st after more than three decades with the organization.

“Marie has been an integral part of our success and her contributions have shaped the organization into what it is today,” said Caroline Beasley. “It has been a privilege to work alongside her, and we are deeply grateful for her unwavering commitment, hard work, and leadership. We will greatly miss Marie’s wisdom and guidance, and we wish her nothing but the very best!”

About Beasley Broadcast Group:
Beasley Broadcast Group, Inc. (NASDAQ: BBGI) is a multi-platform media company whose primary business is operating radio stations throughout the United States. The Company offers local and national advertisers integrated marketing solutions across audio, digital and event platforms. The Company owns and operates stations in the following markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, and Tampa-Saint Petersburg, FL. Approximately 20 million consumers listen to the Company’s radio stations weekly over-the-air, online and on smartphones and tablets, and millions regularly engage with the Company’s brands and personalities through digital platforms such as Facebook, Twitter, text, apps and email. For more information, please visit www.bbgi.com.

Contact

Joseph Jaffoni, Jennifer Neuman JCIR
(212) 835-8500
bbgi@jcir.com

Heidi Raphael, BBGI
(239) 263-5000


FAQ

When will Lauren Burrows Coleman start as CFO of Beasley Broadcast Group (BBGI)?

Lauren Burrows Coleman will start as CFO of Beasley Broadcast Group on November 1, 2024.

Who is Lauren Burrows Coleman replacing as CFO at BBGI?

Lauren Burrows Coleman is replacing Marie Tedesco, who is retiring after 33 years of service with Beasley Broadcast Group.

What was Lauren Burrows Coleman's previous position before joining BBGI?

Before joining BBGI, Lauren Burrows Coleman served as Global Head of Strategic Corporate and Commercial Finance at Wayfair (NYSE: W).

What are Lauren Burrows Coleman's educational qualifications?

Lauren Burrows Coleman holds an MBA from Harvard Business School and an A.B. cum laude from Dartmouth College.

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