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MarketScreener Homepage  >  Equities  >  Nyse  >  Entercom Communications Corp.    ETM

ENTERCOM COMMUNICATIONS CORP.

(ETM)
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Entercom Communications : Welcomes Sarah Foss as Chief Information Officer - Communications

09/28/2020 | 11:10am EST

PHILADELPHIA, PA -- Entercom, home to the nation's most influential collection of podcasts, digital and broadcast audio content, and premium live events and experiences, announces the addition of Sarah Foss to the role of Chief Information Officer. In this role, Foss will provide strategic direction and oversight for the design, development, acquisition, operation and support of the Company's enterprise technology systems and programs. She will also collaborate with cross-functional executives to create a vision for how digital, data and analytics, and new technologies can help create a differentiated experience and drive efficiency in operations.

"This role is critical to our success in the constantly evolving media landscape and we're thrilled to have Sarah on board," said Richard Schmaeling, Executive Vice President and Chief Financial Officer, Entercom. "Her strong business acumen and enriched media technology intellect is incredibly valuable as we continue to evolve and elevate our business."

"I'm thrilled to be joining Entercom at this exciting time in media," said Foss. "We have a unique opportunity to leverage outstanding content and deep community relationships to reach new, targeted audiences through our digital and broadcast platforms. Smart technology choices will accelerate this for us."

Foss is a seasoned media technology executive with over 25 years of experience and a comprehensive understanding of the media technology ecosystem. She most recently served as Senior Vice President, Strategic Initiatives for FreeWheel Advertisers, a division of FreeWheel that provides a global media buying and selling platform to more than 1,200 advertising agencies around the world. Prior to that role, she was General Manager, Ad Tech for Imagine Communications, a market leader in advertising optimization and video infrastructure. She has also held various executive positions at global technology companies, including YANGAROO, Inc., Encompass Digital Media, VCI Solutions, and Harris Corporation.

Foss is also a co-founder of Tech Bae, a tech focused organization for women in the media and advertising ecosystem to connect for mentoring, networking, and community. She recently completed a decade of service to the Alliance for Women in Media in multiple board functions and is an honoree of several industry awards, including: three-time finalist for International Association of Broadcast Manufacturers' Woman of the Year Award; Individual Leadership Award from the TV of Tomorrow's Awards for Leadership in Interactive and Multiplatform Television; and Woman of the Year Award - Advertising, Marketing and Public Relations from the American Business Association.

CONTACT:

David Heim

Entercom

212-649-9676

David.Heim@Entercom.com

@EntercomPR

About Entercom Communications Corp.

Entercom Communications Corp. (NYSE: ETM), home to the nation's most influential collection of podcasts, digital and broadcast content, and premium live events and experiences, engages over 170 million consumers each month. With presence in every major U.S. market, and accessible on every device, Entercom delivers the industry's most compelling live and on-demand content and experiences from voices and influencers its communities trust and love. The company's robust portfolio of assets and integrated solutions offer advertisers today's most engaged audiences through targeted reach, brand amplification and local activation-all at national scale. Entercom is the unrivaled leader in local radio sports and news and the #1 creator of live, original local audio content in the U.S. Learn more at www.entercom.com, Facebook and Twitter (@Entercom).

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(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2020 1 060 M - -
Net income 2020 -56,0 M - -
Net Debt 2020 - - -
P/E ratio 2020 -6,66x
Yield 2020 0,73%
Capitalization 377 M 377 M -
Capi. / Sales 2020 0,36x
Capi. / Sales 2021 0,29x
Nbr of Employees 5 600
Free-Float 81,4%
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Technical analysis trends ENTERCOM COMMUNICATIONS CORP.
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TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 2,13 $
Last Close Price 2,73 $
Spread / Highest target 28,2%
Spread / Average Target -22,2%
Spread / Lowest Target -63,4%
EPS Revisions
Managers
NameTitle
David J. Field Chairman, President & Chief Executive Officer
Susan Larkin Chief Operating Officer
Richard J. Schmaeling Chief Financial Officer & Executive Vice President
Joseph M. Field Chairman-Emeritus
David J. Berkman Lead Independent Director
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