NEW YORK, Dec. 11 /PRNewswire-FirstCall/ -- Martha Stewart Living
Omnimedia, Inc. (NYSE: MSO) today named Bradley E. Singer to its Board of
Directors. Mr. Singer, who currently serves as Chief Financial Officer of
American Tower Corporation, brings to the board proven financial and operating
expertise and experience in the media and communications industries. He
succeeds Darla Moore who has stepped down from the MSO board.
"We are delighted to have attracted another high caliber executive,
especially someone with Brad's particular combination of experience in senior
operating management and finance, to MSO's Board of Directors," said Jeffrey
Ubben, Chairman of MSO. "During his tenure at American Tower, Brad has
demonstrated his ability to help manage a company through complex times while
balancing all its many constituencies. This expertise will benefit MSO now
and over the long term as the company continues to evolve. We also want to
thank Darla Moore for her years of service to the Company, and we wish her all
the best in her future endeavors."
"MSO is an exceptional company with a powerful brand building capability
and strong financial foundation. I am looking forward to being a part of this
effort for a long time to come," said Mr. Singer. "The Board and management
make for a deep and talented team, and I am gratified that the Board selected
me to join this terrific organization."
Mr. Singer has been the Chief Financial Officer and Treasurer of American
Tower Corporation, a $2.5 billion leader in providing wireless communication
towers, since 2001. During that time, he was a key member of the senior
management team that led the company's strategy to focus on its core rental
and management operations, as well as create innovative approaches to
improving the company's capital structure, delivering significant overall
performance improvements. Prior to this, he was an investment banker in
Communications, Media, and Entertainment group at Goldman, Sachs & Co. Mr.
Singer holds an M.B.A. with distinction from Harvard University and is a
graduate of the University of Virginia.
Martha Stewart Living Omnimedia, Inc. (MSO) is a leading provider of
original how-to information that turns dreamers into doers, inspiring and
engaging consumers with unique content and high-quality products for the home.
MSO's creative experts develop content within eight core areas -- Home,
Cooking and Entertaining, Gardening, Crafts, Holiday, Keeping, Weddings, and
Baby and Kids -- that provide consumers with ideas and products to celebrate
their homes and the domestic arts. MSO is organized into four business
segments -- Publishing, Television, Merchandising and Internet/Direct
Commerce.
SOURCE Martha Stewart Living Omnimedia, Inc.
CONTACT: Investors - James Follo, Chief Financial Officer,
212-827-8218; Media - Elizabeth Estroff, 212-827-8281, both of Martha
Stewart Living Omnimedia, Inc.
