Going to work for Charlie Banta and Bill Saurer. Great news for a pillar of the media business in WNY! Entercom will have trouble surviving this one!!
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Don Tomasulo quits Entercom
- Thread starter Oldbloodandguts
- Start date
Hmmm. Yesterday's reply to the Tim Holly thread seems to have gotten lost in the ether.
Expect more defections from Entercom. Between their "restructuring" of commissions for sales people and changes in both the management and the atmosphere inside Corporate Parkway there a plenty of reasons for talented sales people to look elsewhere, both in and out of radio.
Mike Doyle, the Rochester VP in charge of the area, believes in "creative tension" - IOW people working against each other instead of together as a team. That's likely why he hired a boss instead of a leader to run Buffalo.
David Field apparently has a new perspective now that he has to answer to new bosses since the "merger". Since former CBS stockholders have more shares than the Field family, and the stock's under pressure, time is ticking on his tenure at the head of the company. You also get the feeling that the countdown to bankruptcy and shedding a bunch of debt is on. The iHeart model lives.
Expect more defections from Entercom. Between their "restructuring" of commissions for sales people and changes in both the management and the atmosphere inside Corporate Parkway there a plenty of reasons for talented sales people to look elsewhere, both in and out of radio.
Mike Doyle, the Rochester VP in charge of the area, believes in "creative tension" - IOW people working against each other instead of together as a team. That's likely why he hired a boss instead of a leader to run Buffalo.
David Field apparently has a new perspective now that he has to answer to new bosses since the "merger". Since former CBS stockholders have more shares than the Field family, and the stock's under pressure, time is ticking on his tenure at the head of the company. You also get the feeling that the countdown to bankruptcy and shedding a bunch of debt is on. The iHeart model lives.
The takeover continues
The old Entercom continues to ride off into the sunset as former CBS bigwigs supplant the old corporate structure. I wonder how much longer David Field remains on the hot seat before the former CBS shareholders pick a new leader?
From All Access:
"ENTERCOM COMMUNICATIONS today announced that COO WEEZIE KRAMER will be retiring later this year after nearly 20 years with the Company and over 40 years in broadcast radio. The company also announced that KRAMER has been added to its Board of Directors.
ENTERCOM has named SUSAN LARKIN, currently Market Manager for ENTERCOM NEW YORK and Regional President overseeing other markets, as the Company’s new COO effective MAY 5th."
The old Entercom continues to ride off into the sunset as former CBS bigwigs supplant the old corporate structure. I wonder how much longer David Field remains on the hot seat before the former CBS shareholders pick a new leader?
From All Access:
"ENTERCOM COMMUNICATIONS today announced that COO WEEZIE KRAMER will be retiring later this year after nearly 20 years with the Company and over 40 years in broadcast radio. The company also announced that KRAMER has been added to its Board of Directors.
ENTERCOM has named SUSAN LARKIN, currently Market Manager for ENTERCOM NEW YORK and Regional President overseeing other markets, as the Company’s new COO effective MAY 5th."
This thread mentioned the departure of a salesman. Some long time employees see which way the wind is blowing and are bailing out(or being escorted out).
Some think that Entercom bought CBS and would gain control. It actually was a merger with the CBS shareholders getting the upper hand in this Chess Match...
Some think that Entercom bought CBS and would gain control. It actually was a merger with the CBS shareholders getting the upper hand in this Chess Match...
The old Entercom continues to ride off into the sunset as former CBS bigwigs supplant the old corporate structure.
Maybe. Weezie was a former CBS bigwig before Entercom. She was Chicago market manager. From what I see, she got a great deal in the merger, most of the bonus structure was built around staying on for two years, and that time is now up. Nothing wrong with any of that. Has nothing to do with Buffalo.
I'm not convinced about the CBS power play. I watched very carefully when Disney spun off its radio to Citadel in the same kind of deal, and Disney never had any seller's remorse. If anything, the Disney stockholders wished the break was final.
B
Buddy Shula
Guest
Weezie Kramer is, and always was a class act to me. In fact, we emailed each other tonight, and she seemed very happy, and I wish her well in her well earned retirement. Weezie and David Field both said to me before I left ENTERCOM to purchase WECK, they I could depend on them for help and advice anytime. They are class act people.
The company appears to has changed from three years ago when I was there. I left right before the merger, as I did not see good things coming in regards to that merger, but ETM was always a great place to be for me.
Things change, and ETM really is a leader in more than just radio. Buffalo has had some internal challenges with systems and processes it appears, but corporate is not dumb. They will get thru the new challenges, and the company will be reshaped.
Bottom line is, ETM as a whole, has always been a great company. Every company, small and big has its challenges.
The company appears to has changed from three years ago when I was there. I left right before the merger, as I did not see good things coming in regards to that merger, but ETM was always a great place to be for me.
Things change, and ETM really is a leader in more than just radio. Buffalo has had some internal challenges with systems and processes it appears, but corporate is not dumb. They will get thru the new challenges, and the company will be reshaped.
Bottom line is, ETM as a whole, has always been a great company. Every company, small and big has its challenges.
- Status
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