Turner will be responsible for leading the company through the transition period and overseeing the search for a permanent replacement for Field.
The End of an Era: David Field’s Departure from Audacy
The music industry is experiencing a significant shift, and Audacy is at the forefront of this change. After years of leadership, David Field is stepping down as President/CEO of the company. This departure marks the end of an era, and the music industry will be watching closely to see how Audacy navigates this transition.
A New Era Begins: Kelli Turner Takes the Helm
Kelli Turner, a current Board member, has been appointed as the interim President/CEO of Audacy.
A Brief History of Audacy
Audacy’s journey began in 2008 when it was formed through the merger of Clear Channel Communications and SiriusXM. The company’s early focus was on building a robust network of radio stations across the United States. Over the years, Audacy expanded its reach through strategic acquisitions and partnerships, gradually increasing its revenue and listener base. Key milestones in Audacy’s history include:
- 2008: Audacy formed through the merger of Clear Channel Communications and SiriusXM. 2010: Audacy acquired the radio assets of CBS Radio. 2011: Audacy launched its first podcast network. 2015: Audacy acquired the radio assets of Entercom Communications.
Seasoned executive brings industry expertise to Audacy Board.
A Brief Overview of Turner’s Background
Before joining the Audacy Board, Turner held various leadership positions in the investment and media sectors. Her extensive experience has equipped her with a unique understanding of the industry’s complexities and challenges. As a seasoned executive, Turner has demonstrated her ability to navigate complex business environments and drive growth through strategic decision-making.
You Might Also Enjoy: ROHM 2Nd Generation MUS IC Series Audio DAC Chip For Hi Res Audio Playback With Exclusive HD Monaural ModeKey Highlights of Turner’s Career
- Managed a team of executives at Sun Capital Partners, overseeing financial planning and strategy development
- Led the financial planning and analysis team at a leading media company, driving business growth and improving operational efficiency
- Served as a board member for a non-profit organization, utilizing her expertise to support the organization’s mission and goals
The Audacy Board and Its Significance
The Audacy Board is a governing body that oversees the strategic direction and financial management of Audacy, Inc.
The Board has begun the search for a permanent CEO. Field will remain with the company in a new role as Special Advisor to the CEO and the Board.
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