President-CEO Marshall N. Morton to retire at year end. The board elects George L. Mahoney as his successor. Mahoney has been responsible for Media General’s central broadcast television operations, including master control, traffic and graphics, as well as its digital media and mobile operations.
“The furlough program will cause financial disruption for employees and scheduling challenges for our operations,” CEO Marshall Morton writes in a memo sent to Media General staff this afternoon. “It’s little comfort that we are not alone.”