Cornwell And Deushane Stepping Down At Granite Broadcasting
CEO and COO both leaving after more than two decades each with station group
By David Tanklefsky -- Broadcasting & Cable, 8/11/2009 3:50:14 PM
“I am proud of all that we have accomplished during a period that witnessed its share of opportunities and challenges,” Cromwell said in a statement. “The hallmark of our company, station and employees is our dedication and service to our local communities.”
Cornwell founded the company along with Stuart Beck in 1988 after spending 17 years in the investment banking division of Goldman Sachs. Under Cornwell’s leadership, Granite grew through acquisitions to become a 23-channel group which reached 11 markets and penetrated six percent of U.S. TV households.
Deushane began his career at WEEK Peoria (Ill.) in the mid-1970s. He served as a general manager of KSEE Fresno (Calif.), KEYE Austin, KRCG Columbia/Jefferson City (Mo.) and WEEK. He was named COO of the station group in 2002.
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