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
- What iHeart Isn’t Saying
- “Pausing” Radio Stations
- Radio’s Smoking Gun
- Leadership Vacuum Backfiring at Saga
- Inside the Beasley 111% Stock Surge
- Spotify’s Siphoning Local Radio Dollars
- The Distracted Listening Epidemic
- Audacy’s U-Turn
- Warshaw Isn’t Negotiating with Cumulus BUT…
- Is iHeartMedia Cutting the Workforce?