This isn't personal. I don't even know the man. I know he has had an excellent career as a bean counter for Mel Karmazin, but something needs to be said.
I am tired of reading news accounts of the implosion at Citadel without anyone standing up and saying what's on everyone's mind.
Citadel CEO Farid Suleman must be fired.
He has earned the right to get a pink slip for many, many reasons. Among them:
1. Presiding over a company that is virtually worthless to its shareholders. Over $10 a share a year or so ago and $1.10 a share when it closed Friday. I mention shareholder value first since it is the Holy&hellip
Recent Posts
- Bye Bye Market Managers
- iHeart’s Likely Buyer
- Townsquare’s Mounting Problems
- Deregulation in Trouble
- The Real SiriusXM/Audacy Distribution Deal
- Outbreak of License Forfeitures
- The Stations in Danger When De-Reg Resumes
- Why Beasley is Outperforming iHeart
- What Comes After Ratings, Downloads and Impressions?
- Cumulus’s FCC DEI Dilemma