The Board of Directors of Arbitron Inc. (NYSE: ARB) today announced plans to appoint Sean R. Creamer, 48, President and Chief Executive Officer, effective January 1, 2013. Upon his appointment, Mr. Creamer will succeed William T. Kerr, 71, who has announced his intention to retire as President and Chief Executive Officer on January 1, 2013.
“The Board of Directors and I are very pleased to welcome Sean as President and CEO of Arbitron,” said Philip Guarascio, Chairman of Arbitron’s Board of Directors. “Sean is a seasoned media and marketing executive with years of leadership experience at Arbitron. We would like to thank Bill Kerr on behalf of everyone at Arbitron for his many contributions to the company as President and CEO.”
William Kerr said: “An important priority throughout my three-year tenure as Arbitron CEO has been to build a strong team of senior executives. In his time as Chief Operating Officer, as head of U.S Media Services and as CFO, Sean has consistently demonstrated he possesses the skills, temperament and vision necessary to lead Arbitron.”
Mr. Kerr will continue to serve on the Arbitron Board of Directors.