CBS Outdoor Names Susan M. Tolson to Board of Directors
Tolson to Bring Substantial Media Industry Investment and Board Experience
NEW YORK, August 5, 2014 – CBS Outdoor Americas Inc. (NYSE: CBSO) today announced the appointment of Susan M. Tolson, an accomplished business leader in the media and finance sectors, as an independent director to the Company’s Board from August 5, 2014.
Ms. Tolson brings extensive investment and media-industry expertise. She previously spent two decades with The Capital Group Companies, where she was a media and entertainment analyst and portfolio manager specializing in high-yield bonds.
She currently serves as a director of Lagardère Groupe, the Paris-headquartered media and publishing conglomerate, in addition to WorldLine E-Payment Services and Take-Two Interactive Software. Ms. Tolson previously served as an independent director of American Media, Inc. and is a past trustee of the American University of Paris and Board member of the Franco-American Fulbright Commission.
From 2009 to 2013, Ms. Tolson served as the U.S. Ambassador-spouse to France and Monaco, where she was responsible for management, civic and cultural duties at one of the largest embassies and residences in Europe. She holds an M.B.A. from Harvard Business School and B.A. in Economics from Smith College.
“Advertising is an ever-changing industry, and Susan’s media and investment expertise will help us navigate the landscape as new opportunities arise,” said Jeremy Male, chief executive officer of CBS Outdoor. “We are thrilled to welcome Susan to the organization and are confident that her business acumen, media expertise and board experience will benefit the Company and its shareholders.”
Ms. Tolson said, “I am excited to join the CBS Outdoor Board at such a pivotal time for the Company’s growth—most notably following its successful IPO, spin-off and recent REIT conversion. I look forward to working closely with the Company’s outstanding leadership team and contributing to CBS Outdoor’s success in the dynamic and fast-growing out-of-home sector.
About CBS Outdoor Americas Inc.
CBS Outdoor (NYSE: CBSO) is one of the largest out-of-home media companies in the Americas and has a major presence in top markets throughout the United States, Canada, Mexico and South America. With traditional billboard and transit outdoor advertising properties, and a network of digital displays, CBS Outdoor gives advertisers both breadth and depth of audience across key geographies, as well as immersive ways to connect with increasingly mobile consumers.