DALLAS-Paul A. Nussbaum has been named CEO for Dallas-based Sterling Media Capital Group while the current CEO will move up to the presidency’s role.

Nussbaum is replacing Dwight Pierce, who also retains his board seat with the shuffle, GlobeSt.com has been told. The new CEO is a private investor and chairman emeritus of Wyndham International Inc., successor by merger to Patriot American Hospitality Inc. In 1991, he founded Patriot, acting as chairman and CEO until 1999. Since July, Nussbaum has been a director and chairman for Sterling’s board of directors.

Sterling Media Capital Group is a fee- and equity-based, asset management company that manages pools of cash and non-cash assets of various affiliated funds and partnerships.

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