Westwood One announced Tuesday (9/7) that Gary Schonfeld, President of the Network Radio Division, is leaving the company to return to his own firm, ADLARGE Media. His position will not be filled, with WW1 President Rod Sherwood now overseeing Network Radio.
“Gary has made substantial contributions to the growth of Network Radio since he joined Westwood One over two years ago,” said Sherwood. “He led the development of new programming for the network, and contributed to improvements in both affiliate and advertising sales. His experience in the radio industry helped Network Radio continue to hold its leadership position in the marketplace, and we thank him for all of his contributions.”
“The time I spent at Westwood was a time of transformation for the Network; and I am very proud of what we have accomplished,” said Schonfeld. “Now is the time for me to move on and continue to bring new opportunities to the Network Radio industry.”
Schonfeld’s exit comes just days after company founder Norm Pattiz retired as Chairman of the Board to become Chairman Emeritus.
Westwood One had reported a slight decline in Network Radio revenues for Q2.