After a successful reorganization, pulling the broadcaster out of bankruptcy in January, Audacy announced a series of executive changes on Monday.
New appointees include Kelli Turner as president and CEO, Chris Oliviero as chief business officer and Bob Philips as chief revenue officer. Turner had been serving as interim president and CEO since January, when former President and CEO David Field stepped down.
Upon Turner’s appointment as CEO, Audacy Chairman Michael Del Nin said, “She is an exceptional media executive who, along with Chris Oliviero and the rest of the Audacy team, will ensure we continue to invest in high-quality content to engage our audiences and provide best-in-class solutions to our partners.”
The company concurrently announced the departures of Chief Operating Officer Susan Larkin, Chief Digital Officer J.D. Crowley, Chief Marketing Officer Paul Suchman and Executive Vice President and General Counsel Andrew Sutor. Mike Dash has been named executive vice president and general counsel, succeeding Sutor, who will stay on for a transition period.
[Related: “David Field Addresses Audacy Staff in Farewell Memo“]
According to a company press release, Turner has served on the Audacy Board of Directors since September 2024. She was most recently managing director and chief financial officer of private investment firm Sun Capital Partners. Prior to that, Turner was president and chief operating officer of SESAC Holdings, a music licensing and rights management company owned by Blackstone.
“This is one of the most dynamic businesses in media and entertainment, and I am looking forward to partnering with Chris Oliviero and all of our teams to build on our momentum with audiences, creators and advertisers,” Turner said in the release. “I’m especially excited by the appointments of Chris and Bob, who know Audacy’s businesses inside out and whose track records in management, programming and sales are second to none.”
Oliviero was most recently market president for Audacy New York, and Philips was president of Audacy networks and multi-market sales.
Oliviero has served as market president in New York since 2020, and spent more than 23 years at CBS Radio (which became part of Audacy in 2017), according to the company. He started his career as a production assistant on “The Howard Stern Show,” eventually taking on more senior programming roles.
Philips joined CBS Radio in 1996 and later served as chief revenue officer for CBS Radio and Entercom. Following Entercom’s rebranding as Audacy in 2021, Philips transitioned into his most recent role as president of Audacy networks and multi-market sales.
