iHeartMedia Unveils Post-Emergence Board Of Directors

Post-Emergence Board of Directors

iHEARTMEDIA has made public the members selected to serve on its Board of Directors upon its emergence from Chapter 11.

Subject to confirmation of the Company’s Plan of Reorganization, the post-emergence Board will consist of the following Directors:

• BOB PITTMAN, Chairman of the Board of Directors. PITTMAN is the current CEO and Board Chairman of iHEARTMEDIA.
• JAY RASULO, Lead Independent Director. RASULO was formerly an executive at WALT DISNEY COMPANY from 1986 through 2015, having spent his last five years at DISNEY as the CFO/Sr. EVP.
• GARY BARBER. BARBER served as the Chairman/CEO of METRO-GOLDWYN-MAYER INC. (MGM) from 2010 through March 2018.
• RICH BRESSLER. BRESSLER is the current Pres./COO/CFO of iHEARTMEDIA.
• BRAD GERSTNER. GERSTNER is the Founder/CEO of ALTIMETER CAPITAL, an internet, software, and travel focused investment firm founded in 2008.
• SEAN MAHONEY. MAHONEY is a private investor. He currently serves as a director at two public companies, APTIV PLC and ARCONIC INC., and at post-bankruptcy LEHMAN BROTHERS HOLDINGS INC.
• KAMAKSHI SIVARAMAKRISHNAN. SIVARAMAKRISHNAN is the Founder/CEO of DRAWBRIDGE, a company focused on designing quantitative algorithms for numerous areas, including computational advertising.

“We are excited about both the depth and range of our new Board members,” said PITTMAN. “We know our ability to draw on the experience of this unique combination of leaders in their respective fields will give us an unparalleled competitive advantage as we build our next level of growth.”

iHEARTMEDIA’s current Board of Directors will remain in place until the company emerges from Chapter 11, at which time the new Board will assume its responsibilities. 

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