iHeartMedia Announces Executive and Board Changes
Ticker: IHETW · Form: 8-K · Filed: Nov 1, 2024 · CIK: 1400891
| Field | Detail |
|---|---|
| Company | Iheartmedia, Inc. (IHETW) |
| Form Type | 8-K |
| Filed Date | Nov 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $825,000, $850,000, $1,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors
TL;DR
iHeartMedia reshuffled execs & board: Pittman is Exec Chairman, Davies & Shribman join board.
AI Summary
On October 28, 2024, iHeartMedia, Inc. reported changes in its executive and director roles. The company announced the appointment of Robert W. Pittman as Executive Chairman and the election of John D. Davies and David M. Shribman to its Board of Directors. These changes are effective immediately.
Why It Matters
This filing indicates a shift in leadership and governance at iHeartMedia, which could influence the company's strategic direction and operational focus.
Risk Assessment
Risk Level: low — The filing reports routine changes in corporate leadership and board composition, which typically do not pose immediate financial risks.
Key Players & Entities
- iHeartMedia, Inc. (company) — Registrant
- Robert W. Pittman (person) — Appointed Executive Chairman
- John D. Davies (person) — Elected to Board of Directors
- David M. Shribman (person) — Elected to Board of Directors
- October 28, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new Executive Chairman of iHeartMedia, Inc.?
Robert W. Pittman has been appointed as the Executive Chairman of iHeartMedia, Inc.
Which individuals have been elected to the Board of Directors of iHeartMedia, Inc.?
John D. Davies and David M. Shribman have been elected to the Board of Directors of iHeartMedia, Inc.
What is the effective date of these leadership and board changes?
The changes are effective as of October 28, 2024.
What is the exact name of the registrant filing this report?
The exact name of the registrant is IHEARTMEDIA, INC.
In which state was iHeartMedia, Inc. incorporated?
iHeartMedia, Inc. was incorporated in Delaware.
Filing Stats: 585 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2024-11-01 17:01:17
Key Financial Figures
- $0.001 — stered Class A Common Stock, par value $0.001 per share IHRT Nasdaq Global Select Mar
- $825,000 — her annual base salary was increased to $825,000 (effective October 1, 2024), and will i
- $850,000 — October 1, 2024), and will increase to $850,000 on October 1, 2025, (iii) her target bo
- $1,000,000 — a target grant-date fair value equal to $1,000,000; provided, that any annual equity award
Filing Documents
- ihm-20241028.htm (8-K) — 26KB
- 0001400891-24-000030.txt ( ) — 146KB
- ihm-20241028.xsd (EX-101.SCH) — 2KB
- ihm-20241028_lab.xml (EX-101.LAB) — 21KB
- ihm-20241028_pre.xml (EX-101.PRE) — 12KB
- ihm-20241028_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. IHEARTMEDIA, INC. Date: November 1, 2024 By: /s/ Scott D. Hamilton Scott D. Hamilton Senior Vice President, Chief Accounting Officer and Assistant Secretary