David Field Steps Down as Audacy President & CEO

RADIO ONLINE | Wednesday, January 29, 2025

David Field

Audacy announced Wednesday that David J. Field will step down as President and CEO, as well as from his position on the Board of Directors. Kelli Turner, who currently serves on the Audacy Board, will assume the role of interim President and CEO, effective immediately.

Field, who has been at the helm of the company since its early days as Entercom, has been credited with transforming Audacy into a powerhouse in the audio industry. Under his leadership, the company grew from a modest operation with ten stations and $10 million in revenue, to a formidable $1.2 billion entity boasting one of the largest radio broadcast groups and podcast networks in the U.S., along with a leading position in sports audio.

Reflecting on his tenure, Field said, "Audacy recently completed a very successful 2024, achieving an industry-leading EBITDA growth of more than 70% through the third quarter and significant revenue share gains across our radio and digital businesses. With the company in a strong position, now is the right time for new leadership to take the helm."

Michael Del Nin, Chairman of the Board, praised Field's profound impact, stating, "David has built a great company with leading positions across major markets and a portfolio of exclusive, premium audio content. We are poised for continued success and look forward to this new chapter under Kelli's leadership."

Kelli Turner brings a wealth of experience to her new role, having previously served as Managing Director and CFO at Sun Capital Partners, and holding various executive positions in the investment and media industries. Her tenure on the boards of notable companies such as DoubleVerify, Downtown Music Holdings, and SESAC Holdings has prepared her for this significant leadership position at Audacy.

The board has initiated a search for a permanent CEO while Field will continue to lend his expertise as a Special Advisor to the CEO and the Board.