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Katz Hires Gray as New CEO

Mark Rosenthal is stepping down from that position

Advertising services provider Katz Media Group has named Mark Gray as its new CEO, overseeing both its radio and television companies. He replaces Mark Rosenthal as CEO, who is stepping down after four years at the end of the month.

Gray most recently served as president of Katz Radio Group. His tenure with Katz has included various management roles, including president of the Katz Radio division before being promoted to president of Katz Radio Group in 2006.

He is a member of the board of directors for the Broadcasters Foundation of America; a member of the Radio Advertising Bureau’s Executive Committee; and sits on the board of trustees for the Alliance for Women in Media.

Rosenthal will continue as an advisor to Bressler and iHeartMedia Inc. CEO Bob Pittman and COO/CFO Rich Bressler.