Mark Johnston Named President of Van Wagner Communications

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Van Wagner Communications, the nation's largest privately held out-of-home communications company and the largest outdoor advertising operator in New York City, announced today the promotion of Mark Johnston to President of Van Wagner Communications, LLC. Johnston previously held the position of chief operating officer.

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For many years, Mark has worked closely with me in evaluating and acting on Van Wagner's big decisions

Working alongside CEO, Richard Schaps, Johnston will continue to play a significant role in every major financial, strategic, and personnel matter that faces the independently owned company.

"For many years, Mark has worked closely with me in evaluating and acting on Van Wagner's big decisions," stated Richard Schaps, CEO of Van Wagner Communications. "He continues to serve as my closest confidante. Mark's new position better reflects the role that he has long filled. I look forward to continuing to work with him and other senior members of the Van Wagner team, as we build a bigger, better company."

Johnston joined Van Wagner in 1998 after serving as the company's investment banker advising on all major transactions, including the acquisition of business in Los Angeles and Dorna USA. He played an integral role in the sale of Van Wagner to Outdoor Systems in 1997 and was instrumental in the creation of the new Van Wagner immediately after the sale.

Previous to joining Van Wagner, Johnston served as a director at Samuel Montagu Inc., then the U.S. investment-banking arm of HSBC, from 1990 to 1993. During the 1980s he was a vice president and co-head of a media investment-banking team at Chemical Bank.

Johnston is a graduate of Princeton University and Fordham University School of Law.

About Van Wagner Communications

Since posting its first imprint in Times Square in the 1970s, Van Wagner Communications has been recognized as one of the most innovative industry leaders in the development of outdoor advertising. With operations in New York, Los Angeles, Washington DC, Boston, Chicago and Miami, and sports properties in over 40 states, Van Wagner's market specialists serve advertisers and agencies throughout the United States.

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David Bray
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