NEW YORK, May 8 /PRNewswire/ -- Rick Baran has been named Executive
Vice President and Chief Financial Officer, CBS Television Stations. The
announcement was made today by Tom Kane, President and Chief Executive
Officer, CBS Television Stations.

    Baran, who will assume his new role on May 19 and report directly to
Kane, will succeed Anton Guitano as the Chief Financial Officer for the 29
local television stations that are owned by CBS. Guitano had served both as
Executive Vice President of Operations and Chief Financial Officer for the
TV stations prior to joining CBS Radio as Senior Executive Vice President
of Finance & Operations and Chief Financial Officer in November 2007.

    Baran is joining CBS after having spent the past five-and-a-half years
with Tyco International, most recently as Chief Financial Officer of Earth
Tech, an infrastructure and consulting business with 7,000 global employees
that is focused in environmental, facilities, transportation and water
markets. He joined Tyco in March 2003 as Corporate Ombudsman and played a
key role in helping to restore credibility at the company in the wake of
its 2002 accounting scandal.

    Prior to that, Baran spent 12-and-a-half years in a wide range of
leadership roles at General Electric, most notably as Global Chief
Financial Officer of GE's Hydro Electric and Power Turbine installation
businesses.

    "We are very pleased to welcome Rick Baran to the CBS family," said
Kane. "Rick is a highly accomplished leader and consensus builder who has
effectively managed change and growth in numerous industries throughout his
career. We look forward to having him lead the outstanding finance team
that we are fortunate to already have in place, which includes Mike Wittman
(Vice President, Finance, CBS Television Stations) and the controllers at
each of our stations."

    Baran earned his bachelor's degree in business administration from the
University of Massachusetts. He then earned his M.B.A. and J.D. from the
University of Connecticut. Baran has been a licensed attorney in
Connecticut since 1994.

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