Tribune Co. has appointed Steven Berns as its executive vice president/chief financial officer, responsible for overseeing all finance functions, including financial reporting, treasury, tax, and audit. He joins the company from Revlon, Inc., the worldwide cosmetic and beauty products company, where he served in a similar capacity beginning in May 2009. Berns will report to Tribune’s CEO, Peter Liguori, and begin his new duties before the end of July.
Tribune also announced that Chandler Bigelow, who has served as the company’s CFO since 2008, has been appointed to the newly-created position of executive vice president/chief business strategies and operations officer. In this new role, Bigelow will oversee the company’s equity investments and its real estate portfolio, and will help lead the ongoing transformation of Tribune’s traditional media businesses. He will also report to Liguori.
“Steven’s broad experience, financial acumen, and open management style will enable us to make a seamless transition in the leadership of our finance team—he will be a great addition to the company and a valued partner on our executive team,” said Liguori. “At the same time, I am excited to partner with Chandler in his new role as we continue to evolve our businesses for future success; his institutional knowledge, financial rigor and strategic instincts make Chandler ideal for this role.”
Prior to serving as CFO at Revlon, Berns held a variety of executive finance positions, serving as chief financial officer at Tradeweb, LLC, a leading over-the-counter, electronic trading marketplace, and at MDC Partners, where he was also president and chief financial officer.
From August 1999 to September 2004, Berns was SVP/Treasurer for The Interpublic Group of Companies, Inc., an organization of advertising agencies and marketing services firms. Berns is a certified public accountant.
“I am thrilled to join Peter and the entire Tribune team at this exciting time for the company,” said Berns. “Tribune’s combination of assets and capabilities provide a terrific platform for building growth and shareholder value.”
Bigelow joined Tribune in 1998 and one year later was named manager/corporate finance. In 2001, he was appointed assistant treasurer and he became Tribune’s treasurer in 2003.