Less than five months after joining the Radio Advertising Bureau as its #2 executive, Erica Farber is taking over the top spot as President and CEO. Jeff Haley, who has held those posts for five years, is “leaving to pursue a new opportunity.”
“Erica is an excellent selection with the relevant skills and expertise to lead the RAB. She brings an impressive track record in radio sales and management. In addition, Erica has a clear understanding of the organization and what the broadcast industry requires from the RAB. She has demonstrated a strong capacity of working with multiple constituencies which is critical to the RAB role,” said a statement from RAB Board Chairman Scott Herman, Executive VP, Operations, CBS Radio.
“We thank Jeff for his guidance and leadership the past five years in helping to shape an organization that fits the radio and media landscape today. He’s left an indelible imprint on the industry and we thank him for his service and commitment,” added Herman.
The board chairman took issue with RBR-TVBR’s original story, which said that Haley was “ousted” from RAB. Herman insisted that Haley had the “complete confidence” of the board, but chose to leave to pursue a new venture.
RAB has gone through several years of financial and staff reorganizations, not to mention ending its own annual conference to merge it with the NAB confab as a joint Radio Show. As reported by RBR-TVBR, RAB has been cutting expenses – but revenues have been falling faster.
Farber is well known in radio. She was the Publisher and CEO of Radio & Records, now defunct, after serving in various capacities at Interep, also now a piece of radio history. She is a director of Arbitron.
RBR-TVBR observation: The folks at RAB insist that Haley jumped; he wasn’t pushed. He certainly presided over a turbulent time at RAB.