Bayard “Bud” Walters
Mr. Bayard "Bud" Walters
Bud Walters started The Cromwell Group in 1972 and he remains the president and driving force within his group of 22 radio stations (six AM and 16 FM) in five markets: Decatur (4), Effingham (3), Mattoon (3), Vandalia (2), Owensboro/Tell City (7), and Nashville (3), in four states (Illinois, Indiana, Kentucky, Tennessee)."
After graduating from DePauw, Walters served four years in the U.S. Air Force and later earned an M.B.A. from Indiana University. At that point, Walters "received a construction permit to build an AM radio station in Hawesville, Ky., which he still owns. Since that initial construction permit, Walters has specialized in start-up and turn-around stations. Over the years, Cromwell has owned and operated 32 radio stations, 20 of which were startups or upgraded from their original license."
The newspaper adds, "Following his mantra of 'being important where you are,' Walters has continually fostered community involvement. He has served on the board of directors of the Kentucky and Tennessee Broadcasters Associations, the NAB, the RAB, and the Radio Music Licensing Committee. He also serves on the board of DePauw University.
Mr. Walters and his wife, Rose Mary, live in Nashville.