Cruz leaving Scripps Networks Interactive Dec. 14
KNOXVILLE, Tenn. -- November 14, 2012
A.B. Cruz III, who announced earlier this year that he would be stepping down
as chief legal officer and corporate secretary at Scripps Networks Interactive
Inc. (NYSE: SNI), will officially leave the company effective Dec. 14.
Cruz, a rear admiral in the U.S. Navy Reserve, is leaving the company to allow
greater flexibility in fulfilling his military responsibilities. On Oct. 1,
Cruz began a new assignment with the Navy Reserve as deputy director of
maritime operations at U.S. Fleet Forces Command in Norfolk, Va.
“My military responsibilities will require substantially more of my time than
my previous assignment, which is a key factor in my decision to end my tenure
at Scripps Networks Interactive,” Cruz said. “It was a difficult but necessary
decision. I’m leaving a dynamic and growing media company with a very bright
future. My association with Scripps Networks Interactive has been rewarding
and fruitful as we’ve assembled a top notch legal team worthy of a leading
global media company.”
Cruz has served eight years as the company’s chief legal officer. The company
is nearing completion of a search for his successor.
In addition to his role as chief legal officer, Cruz has been directing the
company’s government affairs office in Washington, D.C., where he represents
the company’s position to lawmakers and government regulatory agencies on
industry-related issues. The company announced the creation of its government
affairs office under Cruz’s direction in September 2011.
“Given his outstanding leadership qualities, we knew the day would soon come
when A.B. would be called upon by his country to serve in a higher, more
demanding capacity,” said Kenneth W. Lowe, chairman, president and chief
executive officer of Scripps Networks Interactive. “We’re extremely proud of
his dedication to military service, but we’re equally grateful for the strong
leadership and wise legal counsel he has provided during an important and
demanding period of transition for our company and its shareholders. Scripps
Networks Interactive is a stronger company today thanks to A.B.’s depth of
understanding and knowledge of media law and his influence in our industry.”
Cruz, 54, has been associated with Scripps media companies since 2004 when he
joined TheE.W. Scripps Company as senior vice president and general counsel.
He has been chief legal officer and corporate secretary of Scripps Networks
Interactive since it was spun out from The E. W. Scripps Company in 2008.
Before joining Scripps, Cruz was vice president, deputy general counsel and
assistant secretary at BET Holdings Inc. He also practiced law as a senior
associate with Wiley Rein prior to his role at BET.
About Scripps Networks Interactive
Scripps Networks Interactive is one of the leading developers of
lifestyle-oriented content for television and the Internet, where on-air
programming is complemented with online video, social media areas and
e-commerce components on companion websites and broadband vertical channels.
The company’s media portfolio includes popular lifestyle television and
Internet brands HGTV, Food Network, Travel Channel, DIY Network, Cooking
Channel and country music network Great American Country.
Scripps Networks Interactive Inc.
Mark Kroeger, 865-560-5007
Cindy McConkey, 865-560-3976
Press spacebar to pause and continue. Press esc to stop.