Belo Elects Director; Approves Dividend

By: E&P Staff

Douglas G. Carlston has been elected to Belo’s board of directors. Carlston, 60, serves as chairman of the board of Public Radio International. He is also CEO of Tawala Systems, an Internet technology company, he co-founded.

Carlston’s term lasts until May 2008 but he is eligible for re-election. He will serve on the board’s audit committee.

Additionally, Belo’s board approved a quarterly cash dividend of $0.125 for Series A and Series B shares to be paid on Sept. 7 to shareholders of record on Aug. 17.

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