Gilbert Clears The Air About Exit From Critical Mass
June 12, 2008 at 5:31 AM (PT)
When it was announced that CRITICAL MASS MEDIA Founder & President CAROLYN GILBERT was leaving earlier this week (NET NEWS 6/9), a lot of folks were pretty shocked. Now, CAROLYN's ready to clear the air, with her statement to ALL ACCESS:
"CRITICAL MASS MEDIA was essentially mothballed on JANUARY 26th, via a memo from (CLEAR CHANNEL RADIO CEO) JOHN HOGAN. About a month ago I became aware that the company wanted to negotiate my exit from CLEAR CHANNEL. During the two weeks before I left, I negotiated an agreement to leave on an amicable basis with mutually acceptable terms. I was offered and accepted a severance package. We had a deal and the lawyers at CLEAR CHANNEL went to put it to paper and added a lot of things that severely limited my ability to make a living in the future, and it's clearly not acceptable.
What they came back with were not the mutually acceptable terms we'd agreed to on June 4th. Another publication, owned by Clear Channel, termed my departure as being by mutual agreement, and that is not true.
"What they came back with were not the mutually acceptable terms we'd agreed to on JUNE 4th. Another publication, owned by CLEAR CHANNEL, termed my departure as being by mutual agreement, and that is not true."
"I have enjoyed my 27 years with the company, but if it's time for me to go, I want to do it amicably and with integrity. I am optimistic that CLEAR CHANNEL will keep the bargain that they offered and that I have accepted. I wish CLEAR CHANNEL nothing but the best."