David Field Steps Down From President/CEO Of Audacy

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David Field

Audacy’s David Field will be stepping down from his position of President/CEO, as well as a member of the Board of Directors. Current Board member Kelli Turner will serve as interim President/CEO, starting immediately.

“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,” shares Michael Del Nin, Chairman of the Board. “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.”

“Since I joined Audacy, then Entercom, we have grown from $10 million in revenues with 10 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,” says 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. The company is in great hands, and I look forward to seeing the next chapter of Audacy’s success.”

Turner has been a member of the Audacy Board since September 2024. She has also served on the boards of several advertising and music technology companies, including DoubleVerify, Downtown Music Holdings and Central European Media Enterprises Ltd. Most recently, she was the Managing Director and Chief Financial Officer at Sun Capital Partners, a private investment firm. Before joining Sun Capital Partners, she was the President and Chief Operating Officer of SESAC Holdings. Her experience spans executive roles across the investment and media sectors, including positions at RSL Group, Martha Stewart Living, Time Warner, Allen & Company and Citigroup. Turner holds a Bachelor of Business Administration from the University of Michigan Ross School of Business and a Juris Doctor from the University of Michigan Law School.

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.

Madison Hahnen
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