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OUTFRONT Media EVP And Chief Financial Officer Donald Shassian To Retire

19 Mar 2018

NEW YORK, March 19, 2018 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) today announced that Donald R. Shassian, Executive Vice President and Chief Financial Officer, plans to retire from the company in mid-2018.

OUTFRONT Media Logo. (PRNewsFoto/OUTFRONT Media Inc.)

"It has been a tremendous privilege working with Don, and we have achieved a great deal under his stewardship," said Jeremy Male, Chairman and Chief Executive Officer of OUTFRONT Media.  "Don's straightforward, analytical and hands-on approach has been a huge benefit both to our business and to the teams who have had the good fortune to work with him. He is a true gentleman and we will certainly be sorry to see him go, but wish him all the very best in the future."

Shassian joined the Company in November 2013 and was a major contributor to its successful IPO, split-off from CBS, REIT conversion, rebrand to OUTFRONT Media, information technology enhancements, numerous acquisitions and divestitures, and the successful renewal of the New York MTA transit contract.

"I am very proud of what we have accomplished in the past four plus years and I feel very confident in the capabilities of the teams we have developed to support the organization for the future," said Shassian. "We have instilled internal discipline and accountability throughout the company focused on driving shareholder value, maintaining a solid balance sheet and maximizing operational and financial flexibility. With the successful outcome of the New York MTA transit contract renewal, OUTFRONT is in a great position for growth, and now is the right time for me to direct my passion and drive toward new endeavors."

The Company has initiated a search to fill the position and Shassian will assist with the selection process and the transition to his successor.

About OUTFRONT Media Inc.
OUTFRONT Media connects brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America.  Through its ON Smart Media platform, OUTFRONT Media is implementing digital technology that will fundamentally change the ways advertisers engage people on-the-go.

Contacts:


Investors:

Media:

Gregory Lundberg

Carly Zipp

(212) 297-6441

(212) 297-6479

greg.lundberg@OUTFRONTmedia.com

carly.zipp@OUTFRONTmedia.com

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/outfront-media-evp-and-chief-financial-officer-donald-shassian-to-retire-300616052.html

SOURCE OUTFRONT Media Inc.

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