CHYRON CORPORATION ANNOUNCES BOARD CHANGES.MELVILLE, N.Y.--(BUSINESS WIRE)--March 15, 1996--Chyron Corporation (NYSE NYSE See: New York Stock Exchange :CHY CHY Commission for Hydrology (WMO) CHY Cherry-Burrel Corporation ) announced today the election of S. James Coppersmith and Isaac Hersly to the Board of Directors of the Company. The Company also announced that John A. Servizio, Frederick D. Brown and Robert E. Mulcahy have resigned from the Company's Board. With these changes, the Company's Board stands at eight members from nine. Mr. Coppersmith, age 63, is Chairman of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of Emerson College. He is also a member of the Board of Directors of Sun America Asset Management Corporation, Waban, Inc., The Pizzeria Uno Corporation, Kushner-Locke, Inc. and the Boston Stock Exchange The Boston Stock Exchange (BSE) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October 2nd, 2007 Nasdaq agreed to acquire BSE for $61 million. . From August 1990 to December 1993, Mr. Coppersmith was the President and General Manager of WCVB-TV, New England's Channel 5. Mr. Hersly, 47, was appointed President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Chyron Chyron may refer to:
In making the announcements, Michael Wellesley-Wesley, Chyron's Chairman and Chief Executive Officer, commented, "I am very pleased to have Mr. Coppersmith as a member of Chyron's board. His business vision and wide breadth of experience in the broadcast industry makes him a most valuable addition to the Chyron team. I am also delighted to have Isaac Hersly as a member of the Board. His recent performance as President and Chief Operating Officer of the Company in a period of record sales and earnings for fiscal 1995 has been outstanding. His election to Chyron's Board is an appropriate recognition of his contribution as well as his wide industry experience." "Additionally," Mr. Wellesley-Wesley continued, "I wish to thank Messrs. Servizio, Brown, and Mulcahy for their years of service to the Company. We are grateful for their wisdom and support and we wish them well in their future endeavors." Chyron Corporation designs, manufactures and markets enabling tools, including electronic character and graphic systems, editing systems, and software-based video paint and animation systems for the broadcast television, cable, video production, industrial and multimedia markets worldwide. CONTACT: Chyron Corporation Michael Wellesley-Wesley, Chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. (516) 845-2005 or Isaac Hersly, President & COO (516) 845-2013 or Judy Mauro, Director of Corporation Communications (516) 845-2015 or CHYRON'S INVESTOR RELATIONS Investor relations The process by which the corporation communicates with its investors. COUNSEL: The Equity Group Inc. Devin Sullivan (212) 836-9608 Robert Goldstein (212) 371-8660 |
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