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LIN Names New CFO

Jul 26, 2004  •  Post A Comment

LIN TV on Monday named former Telemundo Chief Financial Officer Vincent Sadusky as CFO of the TV station group, replacing VP and treasurer Deborah Jacobson, who is leaving the company.

Mr. Sadusky will join Providence-based LIN in mid-August, and will be responsible for leading all of the company’s financial and accounting operations. The CFO post is a new position at LIN.

Ms. Jacobson will step down effective Aug. 13, in a move that Legg Mason analyst Sean Butson sees as an indication Ms. Jacobson did not want to be considered for the CFO position.

The hiring of Mr. Sadusky comes as rumors swirl that LIN majority shareholder Hicks, Muse, Tate & Furst is looking to sell the 23-station group after paying $1.7 billion for the company six years ago.

Mr. Sadusky spent 10 years at Telemundo, joining first as VP of finance before being promoted in 1999. Before Telemundo, he was an audit manager at accounting firm Ernst & Young.