aboutKen has almost 40 years experience as a CFO and Controller at several businesses in the broadcasting and software services industries, both as an employee and consultant. A 1972 graduate of Penn State with a B.S. in Accounting Ken spent the first 14 years of his career at Westinghouse Broadcasting Company GroupĀ as a manager and staffer at three different locations. For the past 26 years he has worked almost exclusively at ventures financed with private equity. For eleven years he worked at Renaissance Communications assisting the founder in growing the company from a single highly leveraged television station to a group that included ten different stations during the course of eight years. Ken was part of a team that took the company public in 1994 and sold it to the Tribune Company in 1997 at three times the offering price.
Since 2000 Ken has been involved with two start-ups in broadcasting. The first was Cascade Broadcasting, a television group where three stations were launched from permit to operation in just 16 months. The other, Route 81 Radio, where twelve stations were formed into an integrated radio group from either several small self-proprietor businesses or secondary signals of a larger company. At both companies Ken was responsible for building the business infrastructure from scratch.Ken has also consulted with several software service providers, helping to either launch their business or guide them through difficult situations. Currently Ken is working with two investment bankers who raised a fund to trade and invest in Bordeaux wines. The Wine Trust is the only business of this type and size in the United States.Ken is particularly adept at managing the challenges that any emerging venture or company in distress may encounter. He is widely recognized as an extremely effective cash manager especially in companies with scarce resources. Twenty- six years of working with private equity has given him a deep understanding of the expectations of investors.
Ken is a Philadelphia native and currently lives with his wife in Garnet Valley, Pennsylvania, about 20 miles outside the city. He has served on various boards and continues to support the growth of local businesses through memberships in several chambers of commerce.