iHeartMedia Realigns Markets Group

• iHeartMedia announced a realignment of its Markets Group structure, adding two new Division Presidents under the leadership of Hartley Adkins — Houston Region President Eddie Martiny (left) has been elevated to Division President, and will now oversee Houston, Dallas, Austin & San Antonio, TX, along with New Orleans and Baton Rouge, LA, while John Karpinski (right), previously EVP of Strategic Partnerships, has been upped to Division President overseeing Charlotte, Greensboro & Raleigh, NC, St. Louis, Indianapolis, Memphis, Louisville/Lexington, KY, while continuing to lead the company’s Market Tier 3 Automotive business.

It was concurrently announced that 30-year company veteran Tom McConnell is retiring as Region President, but will remain in a consulting role. In a staff memo, iHeartMedia CEO Bob Pittman and President/COO/CFO Rich Bressler said of McConnell, “Many of us have worked closely with Tom over the years; we truly appreciate his many contributions to our company and our communities during his wide variety of roles and we look forward to continuing our relationship going forward.”

Commenting on the realignment, Pittman and Bressler continued, “The new structure, combined with an effort to move more decision-making responsibility from the center to the Division level, will ensure our organization is equipped to react quickly to customer needs — utilizing the full range of our unparalleled reach and scale and our new technology and support tools… with our leadership in every aspect of the audio industry, this further modernization of our organizational structure, matched with our new technology and support, positions us even more strongly to take full advantage of our unparalleled range of assets, technologies and platforms. We’re excited for this next stage of our development and growth, and we thank you all for your dedication to our shared goals and mission.”