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Entercom Reveals Post-Merger Corporate Leadership
RADIO ONLINE | Tuesday, July 11, 2017 |
In a memo, Entercom President/CEO David Field has revealed the Senior Corporate Leadership Team for the combined Entercom and CBS Radio. Following completion of the merger, CBS Radio COO Scott Herman will exit, while Weezie Kramer becomes COO. Rich Schmaeling will serve as CFO, Chris Oliviero becomes EVP/Programming, Pat Paxton assumes President/Programming, Michael Doyle becomes Regional President and President/Sales Operations and Bob Philips is named Chief Revenue Officer.
Field said in the memo, "I want to express my appreciation to everyone for their patience as we work through this process. We all want to see the deal close as quickly as possible, but these large mergers just take time. I am pleased to report that we are right on schedule and hard at work, making great progress in every area required to complete our merger successfully. Until we close the merger, keep in mind that it remains business as usual and Entercom and CBS remain separate companies."
He continued, "As you can well imagine, the process can be hard as oftentimes it requires making very difficult decisions. I can assure you that in every case, we are doing our best to make what we believe are the right decisions for the future of the organization. All of that said, we are incredibly excited about the leadership team that we are building to lead this extraordinary new company forward."
"In making this announcement, I also want to add a special word of recognition to Scott Herman, who has done a terrific job over so many years in various leadership roles at CBS, culminating in his current position as Chief Operating Officer. While we are disappointed that Scott will be moving on to pursue other personal and professional endeavors, we greatly respect his outstanding leadership contributions to the organization. We wish him nothing but the best in the future," wrote Field.
"In addition, I want to share some further information on our programming leadership. Pat Paxton and Chris Oliviero, who have done outstanding jobs leading their respective programming teams, will both have key senior leadership roles in the new company. Pat will serve as our President of Programming and Chris will serve as our EVP of Programming after the transaction closes," he wrote.
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