iHeart Elevates McGuinness To CFO

• iHeartMedia has promoted Mike McGuinness to Chief Financial Officer, effective Jan. 1. The news of McGuinness’s executive upgrade was announced Monday, Dec. 1 within an SEC filing that reads, in part: “On November 25, 2025, iHeart Management Services, Inc., a subsidiary of iHeartMedia, Inc. entered into the Third Amendment to the Employment Agreement, effective September 5, 2019, between the Company and Michael McGuinness. Pursuant to the Amendment, effective January 1, 2026, Mr. McGuinness’s title will become Chief Financial Officer, reporting to the Company’s President & Chief Operating Officer, Richard Bressler. The Amendment extends the term of the Employment Agreement through June 30, 2030.”

Now, the fun part: “In addition, effective on the Effective Date, Mr. McGuinness’s annual salary is increased to $1.2 million, his annual bonus target will increase to 150% of his base salary and his annual long-term incentive grant will have a target grant date fair value of $1.5 million.”

McGuinness, 48, joined iHeartMedia in 2019 and currently serves as Executive Vice President, Deputy Chief Financial Officer & Head of Investor Relations. Prior to joining iHeartMedia, McGuinness served as SVP, Chief Accounting Officer & Treasurer of The Hain Celestial Group, and earlier spent over seven years with Monster Worldwide, Inc., rising to EVP/CFO. He started his career as a public accountant with Arthur Andersen and is a CPA in New York.