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KERA President/CEO Ferrell Resigns

KERA's president and CEO, Gary Ferrell, resigned January 3, citing personal reasons.

KERA board chairman Barger Tygart said, "We wish him the very best, and our executive VP Kevin Martin is assuming the role as interim president and CEO."

KERA had its second round of layoffs since 9/11 two months ago to bring costs in line with falling revenue, a trend among public TV stations nationwide. During Ferrell's five-year tenure, KERA 13 converted from analog to digital, and Channel 2 was sold for $19.5 million to endow programming. Ferrell also helped create a separate company to distribute educational material. KERA's board will create a search committee to find Ferrell's replacement.

Read KERA's press release.