Audacy CEO and President David Field is stepping away from the radio giant, with company board member Kelli Turner being named as his interim replacement.
Field — who has served as the company’s President since 1998 and CEO since 2002, dating back to its days known as Entercom — will shift to a role as a Special Advisor to the CEO and Board after his departure.
“Since I joined Audacy, then Entercom, we have grown from $10 million in revenues with ten niche radio stations into a $1.2 billion, multi-platform audio leader with one of the country’s two scaled radio broadcast groups, one of the largest podcast networks and the unrivaled top position in sports audio,” said Field. “Audacy recently completed a very successful 2024, delivering 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 competitive and financial position, now is the optimal time to pass the baton to new leadership. I am deeply proud of our extraordinary team and everything we have accomplished for our listeners, customers, partners, and communities,” Filed continued. “The company is in great hands, and I look forward to seeing the next chapter of Audacy’s success.”
“David has left an indelible mark on the industry, growing Audacy from a few small radio stations into a scaled multi-platform audio content and entertainment powerhouse,” said Audacy Board Chair Michael Del Nin. “He has built a great company with leading positions across the country’s largest markets and an outstanding portfolio of exclusive, premium audio content. Under David’s dedicated leadership, Audacy has been positioned for long-term success, and we look forward to working with Kelli and the entire team as the company begins its next exciting chapter.”
Kelli Turner is a relative newcomer to the Audacy board, joining in September 2024. She has previously served on the boards of advertising and tech firms like DoubleVerify, Downtown Music Holdings, and Central European Media Enterprises Ltd. She has most recently served as the Managing Director and Chief Financial Officer of private investment firm Sun Capital Partners.
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