Entercom Appoints Richard Schmaeling as EVP/CFO

RADIO ONLINE | Wednesday, March 22, 2017

Richard J. Schmaeling

Entercom Communications appoints Richard J. Schmaeling as Executive VP and Chief Financial Officer (CFO), effective April 18. Schmaeling succeeds Steve Fisher, who will step down on April 30 as previously announced. Fisher will continue to assist with the CBS Radio integration through January, 2018. Schmaeling is a 30-year media finance vet, previously holding the role of CFO at LIN Media, a local TV and digital media provider serving 23 markets and approximately 10% of U.S. households, from 2008 until its acquisition by Media General in December, 2014.

Prior to joining LIN Media, Schmaeling served as VP/Finance at Dow Jones, where he oversaw nine business units and held operational finance responsibilities. Most recently, Schmaeling served as CFO at Travel Leaders Group.

"Rich is a proven leader with an excellent track record and outstanding reputation as a public company CFO," said Entercom President/CEO David J. Field. "His breadth of experience and hands-on leadership of successful integrations for the LIN Media/Media General and News Corp/Dow Jones mergers make him an ideal choice as we join forces with CBS Radio and position ourselves for a dynamic future. I am thrilled to welcome Rich to Entercom."

Field continued, "I also want to reiterate my thanks and appreciation to Steve Fisher for his dedication to Entercom over the past 18 years and the outstanding role he has played in our growth and success. We are grateful for all of his contributions."

Schmaeling commented, "I am excited to join Entercom at this pivotal time in the Company's history and to help drive the next era of Entercom's growth. I look forward to working with David and the team as we complete and realize the full benefits of the CBS Radio transaction and position Entercom to better serve listeners and advertisers while creating significant value for shareholders."