Biography of Richard A. "Dick" Foreman

A broad history of involvement in broadcast operations, spanning over 50 years. Experiences range from on-air morning announcer to executive and senior management positions with Sudbrink Broadcasting (WLIF Baltimore) and General Electric Broadcasting, as a member of that company's Communication's Task Force.

Foreman served Harte-Hanks Broadcasting as a corporate director of stations in Houston, Phoenix, Raleigh-Durham and Memphis and The American Broadcasting Companies as Vice President Programming at ABC's Radio Networks in New York from 1978 through 1981.

In 1981 Richard A. Foreman Associates Inc. was founded and since that time has been involved extensively in media brokerage and consulting.

The Company specializes in cash positive communications properties in major growth markets and has served a number of major broadcasters in the acquisition and divestiture of broadcast facilities, with his firm generally ranking among the top 20 media brokers in the country.

In addition to broadcasting, Foreman is also involved in specialized mobile radio transactions, in the past representing such regional bell operating companies as PACTEL communications and NYNEX.

In the past Foreman has engineered a number of interesting media transactions, such as the 1988 swap involving radio stations held by Viacom Broadcasting and Keymarket Communications, the largest radio media exchange to that time; the first radio duopoly involving two publicly held companies (ABC/Jefferson Pilot) in 1994 and the engineering of the first de-asterisking of a public television station (WQEX) in 1999.

Since its inception Foreman Associates has closed media transactions in excess of $2.25 billion dollars, including group transactions with NewMarket Media, Fritz Broadcasting, Black River Broadcasting, Nassau Broadcasting and Vox Radio Group.

In recent years, Foreman through his digital company RAFAMEDIA, has been involved in several digital projects, including arranging the sale of DG Media equity to Entercom in 2017 and making a major equity investment in Inoventiv, Canada and its award winning advertising digital technology -

In 1994 Foreman was elected Vice President of the National Association of Media Brokers, representing over 70 member firms involved in the business of media transactions.

In 1996 Foreman was nominated a Director of the Broadcasters Foundation of America [Broadcast Pioneers] and as Chair of the organization's Nominating Committee has been instrumental in the renaissance of the broadcast industry's sole benevolent organization. In 2011 Foreman was elected Vice-Chair of the Broadcasters Foundation of America.

Foreman was the recipient of the Broadcasters Foundation of America Chairman's Award in 2006, reflecting his creation of the Katrina Fund to serve gulf coast broadcasters in need, following the devastating hurricanes in late 2005. The Katrina Fund provided over $250,000 in assistance from the Broadcasters Foundation of America to aid those affected by the disaster.

After the devasting earthquake in early 2010, Foreman participated in the Pilatus Aircraft Haiti Relief Mission, flying doctors and medical supplies into small Haitian airstrips.

At the 2010 NAB in Las Vegas, the National Association of Media Brokers honored Foreman with a certificate of recognition reflecting his involvement in the Haiti humanitarian mission.

In 2019 Foreman received a Leadership Award from The Broadcasters Foundation of America, reflecting his contributions to the industry.

Frequently quoted in numerous media publications, Foreman was honored as a "Fifth Estater" in Broadcasting & Cable Magazine and was also highlighted by the editor of Radio & Records in a Publisher's Profile.