Top Execs Rewarded for Missing Revenue
- David Field and his COO Susan Larkin are in for pay raises after a dismal year in which Audacy repeatedly missed its revenue projections and presided over the further loss of audience.
- Rewarding C-suite officials for failure is not new to companies propped up with private equity money but is curious in the case of Audacy as they teeter on the brink of bankruptcy.
- BUT, Field and Larkin are not the only ones who will see a change in their paychecks as Audacy station personnel are also in for significant changes ahead.
Read the full article here
Samples here
Recent Posts
- How Creditors Pick Beasley Clean
- SiriusXM, iHeart Merger Talks Explained
- Cumulus’s New Ownership Alarm
- The Private Sale That Cratered Beasley
- The Station Liquidation Crisis
- Who Gets Beasley?
- The Disappearing Brand Manager
- iHeart’s Overlooked Profit Engine
- The CDs Weird Resurrection
- iHeart CEO Paid for Layoffs