KENNETH LUCAS NAMED PRESIDENT OF MADISON GROUP ASSOCIATES, INC.
FORT LAUDERDALE, Fla., Nov. 8 /PRNewswire/ -- Kenneth L. Lucas has been named president of Madison Group Associates, Inc. (NASDAQ: MADI), a diverse telecommunications, media and sports production firm. At Madison, he will devote considerable energies toward creating synergy between the company's three subsidiaries as well as finding and arranging financing for future acquisitions. "Mr. Lucas possesses the leadership and vision that will make Madison a viable player in the rapidly expanding telecommunications industry," said Madison Chairman William T. Craig, who last week announced the appointment of former CBS and ABC executive Wayne Wicks to the position of executive vice president. Lucas has extensive corporate finance and senior management experience. He recently served as president and director of two large regional brokerage firms. Prior to that, he was president of another publicly traded NASDAQ company which he took from concept stage to successful product introduction and placement. He received both his bachelor's and master's degrees from Drake University. Based in Fort Lauderdale, Madison Group Associates, Inc., has three subsidiaries involved in telecommunications, media and production: Combined Artists, Inc., Media Communications and AAT (American Automated Telecom.) Together they have assets that exceed $40 million including a video distribution network, a library of over 3,000 music videos, a special effects library and a large collection of sports and entertainment films. -0- 11/8/93 /CONTACT: Nicole Nehrke of Madison Group Associates, 305-463-0777/ (MADI)
CO: Madison Group Associates, Inc. ST: Florida IN: ENT SU: PER
RK-AW -- FL006 -- 1688 11/08/93 10:34 EST
|Printer friendly Cite/link Email Feedback|
|Date:||Nov 8, 1993|
|Previous Article:||CIRCA LICENSES SUSTAINED RELEASE PRODUCTS FROM ANDRX CORPORATION|
|Next Article:||NEW MEDIA AND MICROSOFT TEAM UP TO OFFER SOUND TO PORTABLE COMPUTER USERS|