Audacy has announced that Bob Philips will take on the new role of President of Audacy Networks and Multi-Market Sales.
Philips had served as Chief Revenue Officer since the closing on the Entercom/CBS Radio merger in November 2017. He also held that title at CBS Radio beginning in October 2016 following sixteen months as Director of Sales. Before taking on the corporate roles, Philips spent nineteen and a half years as SVP/Market Manager of CBS Radio Baltimore from January 1996 to July 2015.
The company will begin a search for a new Chief Revenue Officer.
In a memo to staffers, Audacy COO Susan Larkin wrote,
Today, we’re announcing Bob Philips will be assuming a new role at Audacy as President of Audacy Networks and Multi-Market Sales. We believe Bob will deliver significant revenue impact and client outcomes by focusing on growing our Network and multi-market sales businesses as we continue to execute our market growth strategy.
As Chief Revenue Officer, Bob was a catalyst for innovation and growth. Under his leadership, we streamlined multiple revenue departments, launched the Audacy Network and our in-house traffic network while also revolutionizing our approach to national sales, bringing new brands and bigger opportunities onto our platform. And, as the economy rebounds and local and national advertising return to pre-pandemic levels, Bob will build exponential value for our clients and for Audacy.
We will begin a search for a new CRO immediately, and during this transition, I will be working closely with our sales leaders and teams.
We greatly appreciate Bob’s continued commitment to our future growth.