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W. Don Cornwell has been Chief Executive Officer of Granite Broadcasting Corporation since October 1988. Granite, which owns and operates nine television stations in geographically diverse markets, had net revenues during 1998 of $193 million. In the June 2000 issue of Black Enterprise magazine, Granite is listed as the 11th largest Black-owned company in the United States.
Mr. Cornwell’s career spans 28 years. He previously served as Vice President: Investment Banking Division of Goldman, Sachs & Co. While at Goldman Sachs, Cornwell was engaged in public and private financing of publicly traded and privately owned companies, with a primary focus on consumer product and media companies. In addition to transaction responsibility, Cornwell served as the chief operating officer of the Corporate Finance Department from 1980-1988 where he was responsible for the day-to-day management of a staff of over 150 professionals.
Currently, Mr. Cornwell is chairman of the board of the Telecommunications Development Fund and serves on the board of directors of the Hershey Trust Company, Milton Hershey School, CVS Corporation and Pfizer, Inc. He is also a trustee of Big Brothers/Big Sisters of New York and Mt. Sinai University Medical Center. | 