iHeartMedia Management
Management criteria checks 2/4
iHeartMedia's CEO is Bob Pittman, appointed in Oct 2011, has a tenure of 12.5 years. total yearly compensation is $16.30M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.98% of the company’s shares, worth $3.00M. The average tenure of the management team and the board of directors is 11.5 years and 4.9 years respectively.
Key information
Bob Pittman
Chief executive officer
US$16.3m
Total compensation
| CEO salary percentage | 9.2% |
| CEO tenure | 12.5yrs |
| CEO ownership | 1.0% |
| Management average tenure | 11.5yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
iHeartMedia: Set Up For Big 2024
Apr 17Returns On Capital Signal Difficult Times Ahead For iHeartMedia (NASDAQ:IHRT)
Apr 01
iHeartMedia: Arbitraging The Capital Structure To Maximize Risk-Adjusted Returns
Feb 21Investors Aren't Entirely Convinced By iHeartMedia, Inc.'s (NASDAQ:IHRT) Revenues
Jan 30The Returns On Capital At iHeartMedia (NASDAQ:IHRT) Don't Inspire Confidence
Nov 05iHeartMedia (NASDAQ:IHRT) Will Be Hoping To Turn Its Returns On Capital Around
Aug 01iHeartMedia (NASDAQ:IHRT) Is Finding It Tricky To Allocate Its Capital
Apr 30iHeartMedia (NASDAQ:IHRT) Has A Somewhat Strained Balance Sheet
Mar 20iHeartMedia (NASDAQ:IHRT) Will Be Looking To Turn Around Its Returns
Jan 20These 4 Measures Indicate That iHeartMedia (NASDAQ:IHRT) Is Using Debt Extensively
Dec 08Is iHeartMedia, Inc. (NASDAQ:IHRT) Potentially Undervalued?
Nov 03iHeartMedia names Uta Knablein as iHeartRadio chief product officer
Sep 12Is iHeartMedia (NASDAQ:IHRT) A Risky Investment?
Aug 12Goldman hits sidelines on iHeartMedia, cutting long-term outlook
Aug 10iHeartMedia reports Q2 results; sees Q3 revenue growth guidance below estimates
Aug 04At US$7.75, Is It Time To Put iHeartMedia, Inc. (NASDAQ:IHRT) On Your Watch List?
Jul 23iHeartMedia falls after Wells Fargo pulls bull rating as recession fears hit ad stocks
Jul 08iHeartMedia (NASDAQ:IHRT) May Have Issues Allocating Its Capital
Jul 05iHeartMedia: Recession Baked In
May 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$1b |
| Sep 30 2023 | n/a | n/a | -US$1b |
| Jun 30 2023 | n/a | n/a | -US$1b |
| Mar 31 2023 | n/a | n/a | -US$438m |
| Dec 31 2022 | US$16m | US$2m | -US$265m |
| Sep 30 2022 | n/a | n/a | -US$233m |
| Jun 30 2022 | n/a | n/a | US$81m |
| Mar 31 2022 | n/a | n/a | US$34m |
| Dec 31 2021 | US$9m | US$2m | -US$159m |
| Sep 30 2021 | n/a | n/a | -US$267m |
| Jun 30 2021 | n/a | n/a | -US$303m |
| Mar 31 2021 | n/a | n/a | -US$468m |
| Dec 31 2020 | US$5m | US$375k | -US$2b |
| Sep 30 2020 | n/a | n/a | -US$2b |
| Jun 30 2020 | n/a | n/a | -US$2b |
| Mar 31 2020 | n/a | n/a | US$8b |
| Dec 31 2019 | US$23m | US$1m | US$10b |
| Sep 30 2019 | n/a | n/a | US$10b |
| Jun 30 2019 | n/a | n/a | US$10b |
| Mar 31 2019 | n/a | n/a | US$311m |
| Dec 31 2018 | US$13m | US$1m | -US$37m |
| Sep 30 2018 | n/a | n/a | US$209m |
| Jun 30 2018 | n/a | n/a | -US$161m |
| Mar 31 2018 | n/a | n/a | -US$301m |
| Dec 31 2017 | US$13m | US$1m | -US$595m |
Compensation vs Market: Bob's total compensation ($USD16.30M) is above average for companies of similar size in the US market ($USD2.37M).
Compensation vs Earnings: Bob's compensation has increased whilst the company is unprofitable.
CEO
Bob Pittman (69 yo)
12.5yrs
Tenure
US$16,302,333
Compensation
Mr. Robert W. Pittman, also known as Bob, had been the Chairman of the Board at iHeartMedia, Inc. since May 17, 2013 and has been its Chief Executive Officer since October 2, 2011. He is a Member of Adviso...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.5yrs | US$16.30m | 0.98% $ 3.0m | |
| President | 10.8yrs | US$15.50m | 0.64% $ 2.0m | |
| Senior VP | 14yrs | US$705.50k | 0.011% $ 32.9k | |
| Executive VP of Finance | 4.6yrs | US$3.03m | 0.063% $ 191.9k | |
| Executive VP | 3.3yrs | US$2.44m | 0.017% $ 50.7k | |
| Executive VP & Chief Communications Officer | 12.3yrs | no data | no data | |
| President | 9.5yrs | no data | no data | |
| President of Corporate Development & Ventures | no data | no data | no data | |
| President of National Sales | no data | no data | no data | |
| Chief Human Resources Officer & Chief Diversity Officer | no data | no data | no data | |
| Executive Vice President | 20yrs | no data | no data | |
| Senior Vice President of Business Information Systems | no data | no data | no data |
11.5yrs
Average Tenure
59yo
Average Age
Experienced Management: IHRT's management team is seasoned and experienced (11.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.5yrs | US$16.30m | 0.98% $ 3.0m | |
| President | 16.3yrs | US$15.50m | 0.64% $ 2.0m | |
| Chairman & Chief Creative Officer of IHeartlatino | 7.6yrs | no data | no data | |
| Independent Director | 3.5yrs | US$177.50k | 0.033% $ 100.2k | |
| Independent Director | 4.9yrs | US$324.99k | 0.034% $ 104.6k | |
| Lead Independent Director | 4.9yrs | US$317.50k | 0.12% $ 365.0k | |
| Independent Director | 2.1yrs | US$341.76k | 0.00081% $ 2.5k | |
| Independent Director | 4.9yrs | US$242.50k | 0.042% $ 129.5k | |
| Independent Director | 2.8yrs | US$315.00k | 0.0042% $ 12.8k |
4.9yrs
Average Tenure
58yo
Average Age
Experienced Board: IHRT's board of directors are considered experienced (4.9 years average tenure).