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CAREER PROFILEKey catalyst in driving multimillion-dollar revenues and realizing significant return on investment for a variety of media companies including cable and broadcast TV, radio and the internet. Purchased, managed, consolidated, expanded and sold companies realizing in excess of $1.5 billion for a variety of strategic and institutional investors. Repeatedly demonstrated leadership, resourcefulness, and resilience in facilitating challenging management and business model transitions, orchestrating turnarounds of companies facing bankruptcy and revitalizing organizations to capture growth in emerging markets and new media. Selected in 2010 as one of the 50 Most Important African-Americans in Technology. Over 25 years of experience in corporate board governance and dedicated to public service in the nonprofit sector through board leadership, extensive fundraising and advising management. Seeking board positions with any company where my experience can add value.Specialties: Digital ContentAcquisitions, including roll ups and LBO'sSoftware Development and ManagementVisual MediaMaximizing Value of Companies for Sale Management in Regulated Environments
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Ceo And FounderCrossings TvSacramento, Ca, Us -
Trustee Of Lincoln Multimedia Trust, Fcc Approved Position For Offshore Telecom CompanyNextgen, U.S. Subsidiary Of Hgc Apr 2017 - PresentI serve as the Federal Communications Commission approved trustee for the U.S. portion of a Hong Kong based international telecommunications company.
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Board Member/FounderBlackbird Solutions, Inc Jun 2008 - Present -
Ceo/FounderCrossings Tv Apr 2006 - PresentSacramento, Ca, Us -
Board Member/PartnerWorld Television Of Washington, Llc Jan 2001 - PresentOversee major strategic decisions.
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OwnerMoon Shot Communications, Llc 2000 - PresentThis is used primarily as a tax and M&A related holding company.
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Board MemberCalifornia Chamber Of Commerce Jan 1998 - PresentSacramento, Ca, UsChair the PAC and fundraising committee. Expanded the Chamber 's political influence by elevating the level and sophistication of its money raising and approach to the legislative and elective processes. -
Founder/Chairman/Chief Executive OfficerTower Of Babel, Llc Jan 2006 - PresentMultimedia TV programming service providing ethnic language content to over 2 million underserved viewers on cable channels in California's Central Valley and New York City, and via the internet (crossingstv.com). Established company from start up to scheduled cash flow breakeven in early 2013. Achieved 30% or more revenue increases in the recession years of 2008 and 2009.Cofounder/Board Member/Investor, 2007 to Present40A, Inc., CaliforniaDeveloper of affinity browsers for high intensity demand audiences. First product targets the African American market. Other markets under immediate development include sports and private equity.Acquired over 300,000 users in less than one year for first product, Blackbird (blackbirdhome.com), which targets the African American market. Initiated development of identity browsers in sports, nonprofit, financial and political areas that are scheduled to launch in the next 12 months.
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Board MemberUc Davis School Of Medicine National Board Jan 2003 - May 2022Davis, California, UsLed key strategic sessions involving such matters as stem cell research and the possible creation of a School of Public Health at annual meetings of this nationwide board. Act as an ongoing advisor to the Vice Chancellor/Dean of the school on a variety of issues, including facilitating establishment of a School of Nursing and fund raising. -
Board MemberUniversity Of California, Davis - School Of Medicine 1999 - Dec 2017Sacramento, Ca, Usto PresentProvide media and communications expertise to assist with initiatives to expand and improve Center's mission. -
Board ChairmanMetropac Mar 2005 - Dec 2016As part of a board closely aligned with the Sacramento Metro Chamber participate in helping to find, select, support and guide business oriented politicians in the Sacramento Area. The focus here is on supporting the greater good in the process.
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Board MemberQantum Communications, Llc 2003 - Dec 2015Broadcast radio group with over 30, primarily music format, stations clustered in medium to small markets in the northeast and southeast. Provided significant guidance and influence for company business and marketing strategies. Brought critical additional investment to the table during a vulnerable period in the company's growth.
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Board MemberAdvanced Mobile Jan 2008 - Sep 2015Wayne, Pa, UsEarly stage company in the online listings and classified advertising sector of mobile marketing, providing technology and content.Provide connections for prospective strategic relationships in key target sectors, including autos, newspapers, broadcast radio and political.Chair and Board Member, 2007 to Present -
Board ChairmanGolden Pacific Bancorp 2008 - Feb 2015Holding company established to roll up California community banks and form strategic relationships with other banks to help recreate a significant, locally owned California banking community.Led the organization in adjusting to market and regulatory changes including moving from a de novo approach to an acquisition model in response to regulatory changes.Helped raise over $12 million for the acquisition of first targeted bank despite the troubled economy, frozen financial markets and regulatory hurdles.Board Member, Advisor, Investor, 2008 to Present
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Board Chair And MemberCapital Public Radio Jan 2004 - Dec 2011Orchestrated a CEO succession, restructuring of the business model, and acquisition of station; This led to increased profitability and strengthening of relationships with key stakeholders, including the station's licensee, California State University, Sacramento, and Capital Public Radio's Endowment.
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Board MemberUc Davis Foundation Jan 2005 - Sep 2011Assisted in reviewing the UC Davis endowment investment program and stewardship procedures.
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Board MemberUc Davis School Of Management Dean'S Advisory Council Jan 1999 - Sep 2011Chaired successful $12 million capital campaign to construct recently completed state of the art building for the school.
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Board ChairmanSacramento Metro Chamber Jun 1999 - Sep 2010I participated on this most industrious of boards in a variety of civic endeavors with particular emphasis on flood control, the creation of SARTA ( an entrepreneurial oriented organization seeking to enhance the growth of new businesses) and upgrading the financial and human resources of the Chamber itself.
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Chairman/Board MemberAccess Health, Inc Jan 1996 - Jan 2003Publicly traded provider of healthcare management services and technology.Played a pivotal role in diplomatically facilitating the successful transition of one of two warring founders off the board thereby preserving shareholder value.Sold to McKesson for approximately $800 million in 1998.
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Cofounder/Ceo/Controlling OwnerAurora Communications, Llc Jan 1996 - Jan 2002Broadcast radio group with 18 stations. Played a key role in the company becoming one of the northeast's most sought after radio station groups. Sold to Cumulus Communications for $300 million generating 65%+ return for investors. Cumulus stock rose by over 50% following acquisition of Aurora.CEO/Board Member
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CeoSystems Integrators, Inc Jan 1996 - Jan 2000Provider of newspaper publishing systems, serving a third of the major papers worldwide. Created and implemented a turnaround and recapitalization strategy to transition the organization to a content management approach increasing revenues by nearly 100% in just 3 years. Sold in 2000 for 5 times its valuation 4 years prior and a 45%+ return for equity investors.
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General PartnerRobin Cable Systems Oct 1988 - Jun 1996I was the sole general partner in a general partnership that owned and operated cable systems with almost a half million subscribers in a half dozen or so markets.
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Board MemberSacramento Regional Foundation Jan 1990 - Jan 1996Participated in fundraising and helping determine the organization's strategic direction.
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General PartnerMitgo Corp Jan 1987 - Jan 1996Multi-state cable television system consisting of three limited partnerships in eight states. Followed highly disciplined acquisition strategy leveraging the power of the minority tax certificate to secure ownership of systems with approximately one half million subscribers over a four-year period. Sold company to limited partner at a valuation of $800 million with total estimated equity return to partnership in excess of 300% and an estimated IRR in excess of 35%p.a.
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Board MemberSacramento Symphony Jan 1986 - Jan 1990I chaired the fundraising committee.
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Board Member/Vice President/General Manager Electronic Media OperationsMcclatchy Newspapers Jan 1984 - Jan 1987Sacramento, California, UsElectronic media system consisting of four cable television systems, four radio stations, and cellular radio and electronic information services. Returned all radio and cable TV properties to profitability within two years of start date by developing clearly definable steps for turnaround situation and consolidating minority interests in varied cellular radio markets to a single more valuable property interest. Architected sale of properties resulting in an estimated total return of over 500% and estimated IRR in excess of 20%. -
Vice President, Electronic CommunicationsMcclatchy Company Jan 1983 - Jul 1986I ran McClatchy's non newspaper operations, including, cable television, broadcast radio and various computer information services. I also served on the board.
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Vice President And General ManagerTimes Mirror Jan 1981 - Jan 1984I lead a partnership that was conducting a trial of a precursor to the internet. I also participated in the general management of the company's cable television businesses.
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Deputy Chief , Broadcast BureauFederal Communications Commission Apr 1979 - Apr 1981Washington, District Of Columbia, UsI was the second in command of the FCC bureau overseeing broadcast and cable communications. -
Legal Assistant To ChairmanFederal Communications Commission Dec 1977 - Apr 1979Washington, District Of Columbia, UsI advised the chairman of the FCC on all matters within the agencies purview, but mostly pertaining to broadcasting and cable. -
Deputy ChiefBroadcast Bureau Jan 1977 - Jan 1981I oversaw the regulatory operations pertaining to the US broadcast and cable television services and assisted in determining various new policies and initiatives associated therewith.
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ConsultantWhite Office Of Telecommunications Policy Feb 1977 - Dec 1977I was involved in creating communications public policy for a White House agency.
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Associate AttorneyArnold & Porter, Communications Practice Jan 1974 - Jan 1977I did legal work on behalf of a variety of clients mostly in the media, telecommunications, and antitrust areas. In addition to research and writing legal memoranda, I also conducted several administrative legal proceedings.
Frank Washington Education Details
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Yale University School Of LawCommunication And Media Studies -
Cornell UniversityIndustrial & Labor Relations
Frequently Asked Questions about Frank Washington
What company does Frank Washington work for?
Frank Washington works for Crossings Tv
What is Frank Washington's role at the current company?
Frank Washington's current role is CEO and Founder.
What is Frank Washington's email address?
Frank Washington's email address is go****@****btv.com
What schools did Frank Washington attend?
Frank Washington attended Yale University School Of Law, Cornell University.
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