Adam Townsend was named Executive Vice President, Investor Relations for CBS Corporation (NYSE: CBS.A and CBS) in July 2008. In this position Townsend, an experienced financial services executive who most recently led E*Trade's Investor Relations and Corporate Strategy operations, oversees CBS's daily outreach to the investment community. He reports jointly to Leslie Moonves, President and CEO, CBS Corporation and Marty Shea, Executive Vice President, Investor Relations.
Townsend most recently served as Managing Director of Investor Relations and Corporate Strategy for the E*Trade Financial Corporation, which included working with its CEO on identifying global expansion opportunities, providing quarterly presentations to its board of directors on the company's competitive positioning, public/investor perception, stock valuation and analyst research coverage. He also oversaw E*Trade's communications strategies through more than $5 billion in transactions over four years. Before that, Townsend handled the company's financial communications, including news releases, quarterly earnings calls, shareholder presentations and investor marketing materials.
Previously, Townsend worked as an Equity Research Analyst for JP Morgan Securities' Financial Institutions Group, where he was responsible for primary research coverage of publicly traded companies in the online trading and investing technology sector, performed company valuation analysis, authored equity research reports and built financial models to forecast financial performance of companies he covered. Before that he worked as a Management Trainee on the buy side for Franklin Templeton Investments.
Townsend graduated in 1995 with a bachelor's of science degree from the University of California, Los Angeles.