The latest announcement is out from iHeartMedia ( (IHRT) ).
On April 1, 2025, iHeartMedia announced that Brad Gerstner will not seek re-election to its Board of Directors, ending his tenure to focus on other commitments. Gerstner, who joined the board in 2019, has been influential in guiding iHeartMedia’s technology transitions and growth in the audio industry. Concurrently, iHeartMedia nominated Robert Millard, a seasoned executive with extensive experience in business and finance, to stand for election at the 2025 Annual Meeting. Millard’s potential appointment is expected to bring strategic insights and bolster iHeartMedia’s growth trajectory.
More about iHeartMedia
iHeartMedia, Inc. is the leading audio company in the United States, reaching nine out of 10 Americans monthly. It operates through three business groups: the iHeartMedia Multiplatform Group, which includes over 860 live broadcast stations and various networks; the iHeartMedia Digital Audio Group, known for its podcasting business and digital services; and the Audio & Media Services segment, which includes media representation and broadcast software services.
YTD Price Performance: -18.32%
Average Trading Volume: 823,878
Technical Sentiment Signal: Strong Buy
Current Market Cap: $229.3M
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