Done and Dunn: CBS Replaces Local Stations Chief

Tom Kane out and Peter Dunn is in as Leslie Moonves replaces the head of his TV stations group.

Last Updated: November 9, 2009 @ 2:23 PM

CBS Television Stations chief Tom Kane’s time at the Eye is Dunn.

CBS Corp. today announced that Peter Dunn, currently head of New York flagship WBCS, will replace Kane as president of the 29 CBS Television Stations, effective immediately. Kane, a longtime ABC veteran, has left the company, having been in his post since September 2005.

Dunn will retain his WCBS title and will report directly to CBS Corp. president and CEO Leslie Moonves.

"Peter has been a terrific leader in every role he’s had at our station group, from President of Sales to running two of our biggest stations," Moonves said. "He knows how to deliver results and inspire the best work from his people, and knows the local marketplace as well as anyone."

Kane’s departure comes at a time of massive turmoil for the local stations business. Assets that were crown jewels for broadcasters just a decade ago have become far less valuable as the local ad marketplace has collapsed.

Moonves acknowledged the tough task Kane has faced.

"Tom has navigated our stations through the roughest economy we’ve known, and he has done so with a sure and steady hand," Moonves said. "His many contributions have left us well-positioned for the economic turnaround that we are beginning to see. It’s been a pleasure to work with him through his time here at CBS."