Downsizings As Cumulus Media Networks And WestwoodOne Merge Staffs
January 31, 2014 at 10:00 AM (PT)
It was inevitable and now its begun as the staffs of CUMULUS MEDIA NETWORKS and WESTWOODONE merge into one staff. Some of the more notable departures today are EVP/Eastern Dir. EILEEN DECKER, Chief Marketing Officer CHRISTINA ALBEE, and SVP/Research PAUL BRONSTEIN.
There are others who have left of recent including WESTWOODONE CEO PAUL CAINE, and EVP/Business Development MAX KRASNY who resigned recently, and is reportedly heading for a nice post with CBS.
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On the downsizings taking place at WESTWOODONE, CUMULUS co-COO JOHN DICKEY told ALL ACCESS, "The reality is that when we bought WESTWOODONE, LEW (DICKEY) spoke about synergies and, of course, this is a business that we were already in. So we found duplicity and redundancies in positions and responsibilities.
"We've had to sort through all of this and these announcements are coming from both sides. It's never an easy process, but we have picked the best folks from this new combined team to do these jobs in the best manner possible."