A former Central Parking executive has been named vice president of fiscal operations for the North Carolina division of Suddenlink Communications, the country's No. 7 cable operator. Mike Shelton had been VP of finance at Central Parking from 2010 to 2013, by which time the local company had merged into Standard Parking out of Chicago. Shelton has moved to Greenville, North Carolina, for his new job.
Restaurant chain O'Charley's has picked a California-based agency with 21 offices across the United States and Canada to handle the planning and buying of traditional and digital advertising. The team at U.S. International Media are getting to work on fourth-quarter media placements while they and O'Charley's officials plan for 2015.
Word of O'Charley's hiring of USIM comes three months after the chain tapped local marketing agency BOHAN to lead its branding efforts.
Steve Cavendish writes that a local investor group featuring former Tennessean Publisher Craig Moon and ex-Scene Editor Bruce Dobie this summer made an offer to Gannett executives to buy The Tennessean and its regional sister papers. The group bid more than $200 million but didn't snag its target.
One source, who was familiar with the deal but not part of negotiations with Gannett, said The Tennessean's profitability — the paper's profit margins exceeded 20 percent last year — made it an attractive option even in challenging times for the newspaper industry. The source added, however, that the prospective Nashville buyers thought the company's current management had damaged the paper's brand, and that both revenue and circulation could be improved.
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