Norm Pattiz To Continue As Chairman At Westwood One
June 16, 2009 at 7:39 AM (PT)
WESTWOOD ONE announced TODAY (6/16) that NORM PATTIZ will continue as Chairman of the Board of Directors for two more years.
"As the founder of WESTWOOD ONE, I am delighted to be staying on as Chairman of the Board to work with ROD SHERWOOD and the management team as they drive the Company’s business," said PATTIZ.
"As the Company expands its core business in radio and, more broadly, in television and on digital platforms, I continue to appreciate NORM’s programming experience and other insights that helped build the WESTWOOD ONE brand," said WESTWOOD ONE Pres. ROD SHERWOOD.
"Our increased financial commitment to the Company reflects our confidence in ROD and the management team as they work to position WESTWOOD ONE as an industry leader," said Mark Stone, GORES GROUP Sr. Managing Dir./President of Operations MARK STONE. "NORM’s extensive relationships across the industry are a valuable asset for WESTWOOD ONE’s future."