Cox Enterprises makes exec promotions within two divisions
According to The Atlanta Journal-Constitution
, media conglomerate Cox Enterprises has made three top level executive appointments within its Cox Media Group and Manheim divisions.
Sandy Schwartz was named president of Manheim, the world's largest provider of vehicle remarketing services; Doug Franklin was named president of Cox Media Group, succeeding Schwartz; and Alex Taylor, who serves as vice president of Cox Media Group Ohio, will succeed Franklin as executive vice president of Cox Media Group.
Schwartz takes on his new role after Dean Eisner announced that he would be leaving the Atlanta-based company, having served 19 years in various capacities. He will be available as an advisor to Schwartz until he retires this summer.
With revenues of almost $15 billion, Cox Enterprises is one of the world’s leading communications, media and automotive services companies. The conglomerate’s major subsidiaries include Cox Communications, Manheim, Cox Media Group and AutoTrader.com
Cox Enterprises also operates Kudzu.com, a platform that helps consumers choose the best service providers in their area, while helping businesses drive online word-of-mouth.
In his new function, Franklin will manage Cox Media Group (CMG), Cox Enterprises
’ integrated broadcasting, publishing and digital media subsidiary.
The business segment operates 15 broadcast television stations; 86 radio stations; eight daily newspapers; and more than a dozen non-daily publications. It also owns Valpak, one of North America’s leading direct marketing companies.
“Doug is a seasoned veteran with a great understanding of our CMG properties and a great vision for their future,” Jimmy Hayes, president and chief executive officer of Cox Enterprises, said in a prepared statement. “He has played a major role in the integration and transformation of our media businesses, and I am confident in his ability to lead them to continued success.”
Most recently, Franklin worked as EVP of Cox Media Group, overseeing radio, television, newspaper and digital operations. He previously served as publisher of The Atlanta Journal-Constitution and The Palm Beach Post.
Schwartz was promoted to his new position at Manheim because of his vast automotive experience, which includes leadership positions at AutoTrader.com and CoxAutoTrader.
“Sandy's extensive automotive, online and media experience is a valuable asset to Cox Enterprises,” Hayes added. “Sandy has a broad and deep understanding of our Cox businesses and unique culture, and I am delighted for him to bring his expertise to Manheim.”
Franklin takes on his new leadership role at Cox Media Group less than a month after it unified its digital and strategy team. As part of this arrangement, Cox Radio's former VP for Interactive and New Technologies Gregg Lindahl was appointed to lead this new team as CMG Senior VP of Digital and Strategy.
“Gregg and his team have done a tremendous job uniting CMG's digital operations with a vision for capturing all our opportunities,” CMG EVP and Chief Financial Officer Neil Johnston expressed in a statement. “The challenge now is to leverage that platform for new streams of digital revenue, including possible acquisitions, and to create products and brands that transform our media businesses for the future."
Southfield, Mich.-based IQ Interactive
for Web development and interactive since 2008.
The Nielsen Company reported that Cox Enterprises allocated almost $125 million towards measured media in 2009. About $73 million went towards spot television ads, about $16.1 million went towards network television ads and about $13.2 million went towards cable television ads.
Cox Enterprises, Inc.
6205 Peachtree Dunwoody Road
Atlanta, GA 30328
President – Cox Media Group
President & Chief Executive Officer
Mr. Sandy Schwartz
President - Cox Media Group