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iHeartMedia Announces Realignment of Markets Management And Increased Focus For Leaders on New High-Growth Opportunities
NEW YORK--(BUSINESS WIRE)-- iHeartMedia, the #1 audio company in America, announced today a leadership realignment in its Markets Group, heightening the
About this update from Iheartmedia, Inc.
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\niHeartMedia, the #1 audio company in America, announced today a leadership realignment in its Markets Group, heightening the performance of its more than 160 Markets and 860+ radio stations while enhancing the company’s ability to increase its focus on new high-growth opportunities. The Markets Group, part of iHeart’s Multi Platform Group, is designed to enable each Market, regardless of size, to take advantage of iHeart’s unique scale and multiple platforms; leadership in audio; and its expertise in consumers, monetization and data. The company also announced today heightened areas of focus for additional senior leaders who will be overseeing new high-growth opportunities for iHeart.\n\n\nIn 2020, iHeart announced that it would group its Markets by common needs and characteristics into three different divisions – Region, Metro and Community -- to make sharing of resources and experiences easier and more targeted. The company has now named five new Division Presidents: Bernie Weiss and Paul Corvino for the Region Division, and Kristin Foley, Chris Soechtig and DJ Hodge for the Metro Division, all of whom have successfully led Markets across the country. Tom McConnell, formerly a Metro Division President, will also become a Region Division President.\n\n\nIn addition, Nick Gnau, formerly a Community Division President, will become a Metro Division President, and Shosh Abromovich and Dan Lankford will add Nick’s former Markets to their responsibilities as the Community Division Presidents. Amy Leimbach, who served as Senior Vice President of Sales for Austin, Dallas and San Antonio, TX, will become President of those Markets.\n\n\nThe company also announced changes that will enable it to increase its focus on a number of high-growth opportunities.\n\n\n\nKevin LeGrett, President of the iHeart Sports Network, will be making the transition from his role as Division President of Los Angeles to now focus exclusively on leading and growing the company’s leading Political and Sports platforms, both of which have significant growth potential. 2024 is projected to be the biggest political year on record, and the iHeartSports Network reaches more people than any other sports network -- over 1.5 times the audience of ESPN, including more than 75 million people monthly across 500+ stations; the Fox Sports Networ...