iHeartMedia Promotes Four Senior Executives To Newly Created Roles As Division Presidents

iHeartMedia Promotes Four Senior Executives To Newly Created Roles As Division Presidents

36 New Region Presidents, Leaders Drawn From Within iHeartMedia, Will Manage Decision-Making and Company Resources Closer To Markets

New York, NY – January 13, 2016 – iHeartMedia, the leading media company in America with a greater reach in the U.S. than any other radio or television outlet, announced today that four of its senior executives have been promoted into newly created roles as Division Presidents.  These executives – Hartley Adkins, Greg Ashlock, Matt Martin and Tom McConnell – were formerly iHeartMedia Executive Vice Presidents of Operations. 

These promotions also reflect a new operating structure for iHeartMedia’s markets.  The company, formerly organized into ‘Major’ and ‘Regional’ Market groups, will now be comprised of four geographic Divisions, each led by a new Division President.  The Divisions are strategically organized into 36 Regions that will address the needs of both listeners and advertisers based on geography and will be led by Region Presidents drawn from within the company’s seasoned leadership team. 

This new structure will push both decision-making and resources closer to the markets, with every market now better aligned to deliver more focused resources closer to their listeners and advertisers.  This will drive better results for partners, advertisers and communities, and ensure that iHeartMedia will be able to react to the changing media landscape on both the local and national level more nimbly than ever before.

In addition to overseeing their Divisions, these four Division Presidents will also take on other responsibilities:

Hartley Adkins, President of the Northeast Division and Corporate Operations will also oversee multi-cultural and strategic initiatives and communication for the Regions, working closely with Corporate teams;
Greg Ashlock, President of the West Division, will also serve as the senior business leader representing the company in the Western U.S. across all divisions;
Matt Martin, President of the Central Division, will also continue to oversee the company’s Sales Operations Center as well as direct and develop the company’s internal training programs; and
Tom McConnell, President of the Midwest/Southeast Division, will also continue to work with the Regions on operational needs.
“The new structure under the leadership of Hartley, Greg, Matt and Tom adds nimbleness and new resources for our markets and stations,” said Bob Pittman, Chairman and CEO of iHeartMedia, Inc.  “We are taking advantage of our size and unparalleled assets to empower our people and our markets by giving them better access to all our cutting-edge resources, from digital to data, our programmatic automated ad buying system, research and technology and more, letting them take advantage of the big investments we’ve made and use them to benefit their listeners and advertising partners in their region.”

About iHeartMedia, Inc.

iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month. It consists of three business groups.

With its quarter of a billion monthly listeners, the iHeartMedia Multiplatform Group has a greater reach than any other media company in the U.S. Its leadership position in audio extends across multiple platforms, including more than 860 live broadcast stations in over 160 markets nationwide; its National Sales organization; and the company’s live and virtual events business. It also includes Premiere Networks, the industry’s largest Networks business, with its Total Traffic and Weather Network (TTWN); and BIN: Black Information Network, the first and only 24/7 national and local all news audio service for the Black community. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio suite of data targeting and attribution products using data from its massive consumer base.

The iHeartMedia Digital Audio Group includes the company’s fast-growing podcasting business -- iHeartMedia is the number one podcast publisher in downloads, unique listeners, revenue and earnings -- as well as its industry-leading iHeartRadio digital service, available across more than 500 platforms and 2,000 devices; the company’s digital sites, newsletters, digital services and programs; its digital advertising technology companies; and its audio industry-leading social media footprint.

The company’s Audio & Media Services reportable segment includes Katz Media Group, the nation’s largest media representation company, and RCS, the world's leading provider of broadcast and webcast software.

Visit iHeartMedia.com for more company information.