Punter Named CEO of CBS Outdoor

Mar 7, 2007  •  Post A Comment

Tom Goddard heads out and Clive Punter moves up as chief executive officer of CBS Outdoor International.

Mr. Punter has spent 12 years with the division, most recently as CEO for Asia.

The announcement Wednesday said Mr. Goddard will step down at the end of the month “to pursue other business and personal interests unconnected to the outdoor industry.”

“Clive is a highly regarded and accomplished executive who has played many crucial roles during his tenure at CBS Outdoor,” CBS President and CEO Leslie Moonves said. “I am confident he will build on our current success and lead and grow the division into the future.

“I would also like to thank Tom for his outstanding contribution during his 10 years with the company. While at the helm, he secured key franchises including the London Underground and delivered record revenues and profits in 2006,” Mr. Moonves continued.

“Outdoor as a medium has a strong future, especially in this new digital world, and we intend to continue to lead the market and grow our business,” Mr. Punter said.

(Editor: Horowitz)