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Skarzynski Resigns as Arbitron CEO and President
Columbia, MD - Jan 11, 2010 - Michael P. Skarzynski has resigned as president and chief executive officer, and member of the board of directors of Arbitron. William T. Kerr, a member of the company's board of directors, will become Arbitron's president and chief executive officer.
Skarzynski and the company's board together determined that he had violated a company policy in a matter entirely unrelated to the financial performance of Arbitron. Accordingly, Skarzynski has submitted his resignation.
William T. Kerr has been a director of Arbitron since May 2007. From July 2006 to the present, Kerr has been chairman of the board of directors of Meredith Corporation. Kerr has been a member of the Meredith Corporation board of directors since 1994. He was chairman and chief executive officer of Meredith Corporation from January 1996 until July 2007, president and chief operating officer of Meredith Corporation, from 1994 to 1996, and president, magazine group and executive vice president of Meredith from 1991 to 1994.
Kerr has been a member of the boards of directors of The Interpublic Group of Companies since November 2006, Whirlpool Corporation since June 2006, The Principal Financial Group since 2001, and a member of the Board of Penton Media.
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