Karmazin moving over for exec, but will retain active role
CBS Radio executive Joel Hallander has been tapped prexy and CEO of Westwood One Inc., the country’s largest radio network, moving into the slot previously held by CBS Corp. prexy and chief operating officer Mel Karmazin.
Hallander is veep and general manager of CBS Radio’s WFAN in New York. A new general manager at WFAN will be announced shortly.
“The time has come for Westwood One to have a full-time chief executive officer who can lead the company into the next phase of its growth,” Karmazin said. “Joel’s strong sales background as well as his experience in managing radio stations that have had numerous network relationships will be beneficial to Westwood One’s future growth.”
Karmazin said he will maintain an active role in the company.
Hollander has been at his WFAN post since April 1992. Prior to joining CBS, he was director of sales for Emmis Broadcasting.
Westwood’s board of directors also said it would extend its management agreement with Westwood One for an additional five years. The terms of the renewal are comparable to the terms of the existing management agreement.
Westwood One provides programming for more than 7,000 radio stations around the world.