July 13, 2024

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Technology and Age

Legendary leader in broadcast television and business world dies at 96

A famous leader in the broadcast television and small business planet, and a large element of our results at WPLG, has died. Tom Murphy died Wednesday at his dwelling in New York at the age of 96.

Murphy was Chairman and Chief Executive Officer of Capital Cities and oversaw the $3.5 billion merger with ABC in 1985. Ten decades afterwards, Murphy announced the $19 billion merger of Money Towns/ABC with The Walt Disney Organization.

“Tom Murphy was unmatched in our market, not just for his business enterprise achievements, but for his impeccable ethics, his unwavering kindness and his boundless generosity,” claimed Robert Iger, former CEO of The Walt Disney Company. Murphy served on the board of administrators for Disney until 2004.

Murphy was most lately on the board of directors for Berkshire Hathaway, which is owned by Warren Buffett, and the father or mother enterprise of WPLG, Inc.

“Tom Murphy has taught me a lot more about jogging a organization than any other man or woman,” Buffett informed The Walt Disney Company. “Tom led by case in point, and it was extremely efficient, irrespective of whether you were being a pauper or a prince. He did not distinguish among the two.”

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Murphy also served on the board of administrators for WPLG up until finally his loss of life on Wednesday.

“Tom was a legend in our sector. We have been honored he served on the WPLG Board of Administrators. He cherished broadcasting. Even at age 96, he remained passionate about how we can provide our communities, stated Bert Medina, WPLG President and CEO. “Beyond his expertise and encounter nevertheless, Tom was a kind, sincere and ethical male. We at WPLG will miss out on his steerage and his friendship.”

Murphy’s spouse, Suzanne Crosby Murphy, passed away in 2009. He is survived by 4 young children and by 9 grandchildren.

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