‘Gordy’ Crawford, who is ending a four-decade career at Capital Group, became something of a trusted adviser to media magnates. His new focus: fixing journalism. He’s ponyied up $4 million to help fund a new $24.5-million broadcast facility for noncommercial KPCC-FM Pasadena, Calif.
Gordon Crawford, the fund manager whose views helped shape media industry mergers and acquisitions, will retire at year’s end after more than four decades at Los Angeles-based Capital Group Cos. Crawford, 65, told the company of his plans last year and the assets he oversees will gradually be handed to other managers at the firm.