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MASON STEPPING DOWN AT CBS RADIO

President/CEO Retiring After Eight Years Atop Broadcast Giant

CBS Radio prexy/CEO Dan Mason has announced that he'll be retiring at month's end. Mason has spent eight years atop the broadcast powerhouse. He sent the following internal memo announcing his decision and expresing his gratitude. Speculation abounds about Mason's possible successor; expect an announcement in the near future.

After an unforgettable eight years leading CBS RADIO, I am announcing today my retirement at the end of April. Witnessing all that we’ve accomplished and knowing the bright future ahead for our company has not made this an easy decision. It has been an honor and privilege to serve as President and CEO and I want to express my gratitude to all of you.

My passion and love for this industry is well-known and I’ve enthusiastically watched as we’ve transformed our broadcast business and simultaneously evolved our digital product.  I couldn’t be more proud of our accomplishments - everything from creating new music formats, and launching sports on FM, to the evolution of Radio.com and now Play.it, our on-demand podcast network.  We’ve made it easier than ever before for listeners to experience our content through new online, mobile and event platforms.

However, as much fun as I’ve had, it’s now time to “pivot” in my personal life.  With four kids either grown, out of the house or on their way to college, I would like to do some “retirement” type things like leisure travel and spending more time doing my favorite hobbies.

Broadcasting will always be part of my life.  I am happy to continue with CBS RADIO on a consulting basis, and I will also be doing more work for the Broadcaster’s Foundation, a cause that I believe so much in.  Finally, this fall I will be doing play-by-play for select college basketball games, a passion I followed early in my career.  I guess you never get rid of the disc jockey blood you’re born with.

Most people are lucky enough to have one great run at the helm of an organization – I’ve had two.  My thanks to Leslie Moonves who has been so supportive of every new road we traveled down since this extraordinary second time around began for me in 2007.  His desire for great content has been an inspiration for all of us and will no doubt continue to be the foundation of the company.

Thank you as well for facing every opportunity with optimism and dedicating yourselves to teamwork, excellence and creativity. You have been great colleagues.  I look forward to seeing you all grow in the years ahead, adding to a long list of successes.

With warmest regards,

Dan

 

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Alamo adds a COO. (1/13a)
VISUAL ARTISTS HONOR INTERSCOPE
A feast for the senses (1/14a)
GRAMMYS IN APRIL?
(NO FOOLIN')
Vegas, baby. (1/12a)
COACHELLA LINEUP: HARRY, YE, BILLIE AND THE WHOLE THING
The poster has been printed. (1/13a)
UTA: A YEAR OF MOMENTUM
Agency reshuffles the deck. (1/18a)
I DON'T WANNA WORK
I just wanna bang on my drum all day.
I HAVE A HANGOVER
I like to call it "2021."
I DON'T WANNA HAVE A MEETING
My Zoom backgrounds are all outdated.
I MISS CHRISTMAS
When's the next holiday that involves eggnog?
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