NeCastro Retiring From Scripps Networks Post
Scripps Networks Interactive chief financial and administrative officer and chief development officer Joseph NeCastro is retiring after 13 years at the company.
The company said that its international division, headed by Jim Samples, will now report directly to CEO Ken Lowe. Samples will also be appointed to succeed NeCastro as chairman of the board of TVN, the Polish media company Scripps Networks acquired last year.
Mark Hale, executive VP, global operations and chief technology officer, will also report to Lowe.
The company's coprorate development and early stage investment strategy will continue to be headed by Julie Yoo, who will report to chief financial officer Lori Hickok.
NeCastro will continue as an advisor to Scripp Networks' International division.
"Joe NeCastro is a world-class corporate finance and development executive who has been one of the key forces behind the company’s rapid growth into new global markets,” said Lowe. “Our business has undergone transformational international growth over recent years, and has taken its place as the world’s leading lifestyle media company. Joe has helped create tremendous value for the company and its shareholders during his time here, and we are well positioned to build on the achievements of the team over the coming years.”
NeCastro joined Scripps in 2002.
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.