Entercom Announces CFO Steve Fisher Stepping Down in 2017
November 14 2016 - 4:30PM
Business Wire
Entercom Communications Corp. (NYSE: ETM) today announced that
Steve Fisher will be stepping down as Executive Vice President and
Chief Financial Officer of the Company effective February 28, 2017.
Thereafter, Mr. Fisher will provide consultative services to the
Company. Mr. Fisher, age 64, has served as the Company’s Executive
Vice President and Chief Financial Officer since 1998.
The Company has retained Spencer Stuart, an executive
search firm, to help identify a successor.
David J. Field, Entercom’s President and Chief Executive Officer
commented: “Steve has been an outstanding leader at Entercom,
playing a major role in our success over the 18 years he has been
with the Company. He has been involved in many aspects of our
growth and development and made a meaningful impact on our
operational efficiency and effectiveness. I have greatly valued his
strategic insights and his financial and business acumen. We have
been extremely fortunate to have him on our team for so many years
and are grateful to him for all of his outstanding contributions to
the Company.”
Mr. Fisher commented: “After 18 years, the time felt right to
move on. Entercom is a great company with a superb team and an
exceptionally strong balance sheet that leads the industry. I am
proud to have been a part of this winning team over the years.”
About Entercom Communications Corp.
Entercom Communications Corp. (NYSE: ETM) is the fourth-largest
radio broadcasting company in the U.S., reaching and engaging more
than 40 million people a week through its 124 highly rated stations
in 27 top markets across the country. Entercom is a purpose-driven
company, deeply committed to entertaining and informing its
listeners with the best locally curated music, news, sports, and
talk content, driven by compelling local personalities. Entercom
delivers superior ROI by connecting its customers and audiences
through its leading local brands and unparalleled local marketing
solutions, which include over 4,000 events each year, and its
SmartReach Digital product suite. Learn more about
Philadelphia-based Entercom at www.Entercom.com, Facebook and
Twitter (@Entercom).
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EntercomAndrew SutorSenior Vice
President610-660-5655asutor@entercom.com
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