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His Daddy gave him a promotion to get him into GSB. 😂
Robert Decherd’s son, William Decherd, was employed by Belo from August 2005 to July 2007, when he became a full-time student at the Stanford Graduate School of Business to pursue an advanced degree. In 2006, William was promoted to product development director and previously served as product development manager. William also staffed Belo’s enterprise-wide strategy and business development activities. Prior to joining Belo, William worked in an analyst role for The Goldman Sachs Group, Inc., McKinsey & Company, and Hicks, Muse, Tate & Furst Incorporated (now known as HM Capital Partners LLC), a Dallas-based private equity firm. William’s compensation for 2006 was $160,882, consisting of base salary and a performance bonus under Belo’s management compensation plan. His base salary for 2007 was $165,000. William’s employment with Belo was discussed with Belo’s board in advance of his joining Belo. William’s 2006 compensation was reviewed and approved by the then executive vice president and the senior vice president/Human Resources, and his 2007 compensation was reviewed and approved by the then president/Media Operations and the senior vice president/Human Resources, in both cases in accordance with Belo’s normal management compensation process and the procedures referenced above.