Michael E. Anderson
Board Member
Mr. Michael Anderson is the President and Chief Executive Officer of Cunningham Broadcasting Corporation where he oversees the operations of numerous television stations. Michael came to Cunningham in 2009 with over 25 years of experience in investment banking, mostly in the media and communications industry.
Mr. Anderson began his career as an investment banker on Wall Street focusing the majority of his time in the media and communications field. He has a deep knowledge of advertising supported mediums, their drivers, and valuations. As a banker, Mr. Anderson undertook and was responsible for numerous merger and acquisition related transactions of both public and private companies. He also has extensive experience in the public and private capital markets. His experience in the capital markets ranges from initiating and executing private bank financings to initial public offerings. Mr. Anderson started his career at Kidder Peabody & Co. After spending nine years there he moved to Smith Barney where he was a Managing Director of the firm and co-head of the Media and Telecommunications Group at the time of the firm’s merger with Salomon Brothers. He then moved to Merrill Lynch as a Managing Director focusing on broadcasting, cable and other advertising companies. After a two-year posting at Merrill Lynch, Mr. Anderson finished his full-time Wall Street career as a Senior Managing Director at Bear Stearns where he was responsible for the Broadcasting and Cable franchises. Mr. Anderson was also a Senior Advisor to Waller Capital, a privately held investment bank specializing in media, telecom, and technology.
Since leaving Wall Street, Mr. Anderson has been a consultant, private business investor, and operator. He has made investments in China Automotive, a firm specializing in the Chinese automotive aftermarket, George Industries, firm that manufactures highly engineered components for the aerospace and transportation industries, Game IQ, a start-up technology company that is gamifying the retail experience for consumers and iPORT Media, a company in the digital signage industry focusing on the health care industry.