Audacy Exec. Action: Mike Dee, Tim Murphy

• Audacy is undergoing several changes in its executive ranks, as it was announced that Mike Dee is leaving his full-time role as President of Sports and will transition to a new role as a senior advisor to the company, and Tim Murphy, EVP of Strategy and Corporate Business Development is leaving the company at the end of the month. That’s Dee (left) and Murphy (right).

A staff memo from Chairman, President & CEO David Field reads in part, “Mike joined us in 2017 to help us elevate our unrivaled sports business and develop new value-creating initiatives for our consumers and clients. During his tenure, Mike spearheaded our company’s nforay into the rapidly growing sports betting space, including his work establishing record-breaking, multi-year partnerships with FanDuel and BetMGM, acquiring BetQL, and the launch of the BetQL Network. In his new role as a senior advisor, Mike will continue to engage on behalf of Audacy on a number of important partnerships and lend his expertise and counsel on certain key projects and initiatives.”

Commenting on Murphy, Field said, “Tim has been with Audacy for 15 years, playing a critical leadership role. Early in his tenure, he was the visionary behind WEEI.com, a landmark radio digital platform that blazed a new trail of innovation for its time. Tim then took over as Entercom Corporate’s VP of Digital Strategy & Enterprise Platforms before he relocated to Philadelphia from Boston at the time of our merger. Since the merger, Tim has led Corporate Business Development and provided outstanding leadership with key strategic, entrepreneurial, and industry partners and customers. Tim helped lead a number of important company business initiatives and technological, digital, and enterprise enhancements, including spearheading Audacy’s expansion into the Podcasting space — developing strategy, and driving the acquisitions of Cadence13, Pineapple Street, and Podcorn. He has also played an important leadership role in working in collaboration with NAB and others on industry issues.”

Field continued, “Tim approached me earlier this year, suggesting that the smartest path forward for the company would be to pivot away from a centralized business development role and distribute those responsibilities to our business development leadership across the various focus areas. Tim will remain with Audacy through the end of April to help with the transition.”

In closing, Field said, “Please join me in thanking Tim and Mike for their outstanding contributions to the company over the years and wishing them all the best. We look forward to working with Mike in his new role, and I’m also certain we will continue working with Tim in the future.”

Audacy Exec. Action: Mike Dee, Tim Murphy