This appointment, expected as it was, follows a brief period of interim leadership following the company’s exitfrom bankruptcy proceedings.
Though Turner’s finalization of her new role is the headline of Audacy’s new life, the renewal of Audacy also include four executive departures:
- COO Susan Larkin
- Chief Digital Officer J.D. Crowley
- Chief Marketing Officer Paul Suchman
- General Counsel and EVP Andrew Sutor
Replacing Sutor (above) is Mike Dash, previously Audacy’s Deputy General Counsel)
All this comes in the wake of Audacy’s successful navigation and completion of a bankruptcy process (RAIN HERE).
“On behalf of the Audacy board, we are delighted that Kelli Turner has agreed to take on the permanent president and CEO role and lead Audacy through its next phase of reinvention and growth,” said Michael Del Nin, chairman of Audacy and the lead media investor in Soros Fund Management. “She is an exceptional media executive who, along with Chris Oliviero and the rest of the Audacy team, will ensure we continue to invest in high-quality content to engage our audiences and provide best-in-class solutions to our partners.”