Young Broadcasting CEO Tony Cassara Resigns

Tony Cassara, who took over Young Broadcasting as CEO in April 2011, after the March resignation of longtime topper Vince Young, has now resigned himself. In addition to the CEO title, Cassara also is relinquishing his seat on Young Broadcasting’s Board of Directors. Deb McDermott will continue as the President of Young Broadcasting, responsible for day to day operations, while the Board begins a search for Cassara’s replacement. Cassara has more than 30 years TV stations experience. In 1977, he joined KTLA-TV as the Los Angeles-based station’s youngest general manager ever. Here are statements from Thomas Sullivan, chairman of the Board of Directors, and Cassara.

Sullivan: “Tony has advised us that he would like to pursue interests outside of Young Broadcasting, including the ownership of other broadcasting stations. Accordingly, Tony has tendered his resignation as chief executive officer and member of the Board of Directors, effective March 13, 2012. We wish Tony well in his new endeavors.”

Cassara:, “I have enjoyed very much my association with Young Broadcasting and I am proud of what we were able to accomplish during my time there.”