Founder Norm Pattiz hasn’t been running day-to-day operations at Westwood One for many years. Now he is retiring from his last post, Chairman of the Board of Directors.
As he steps down, Pattiz has been named Chairman Emeritus and has signed a new contract as a consultant to the company. He will be succeeded as Chairman by Mark Stone, Senior Managing Director of the Gores Group, the company’s largest shareholder.
“I’ve been sitting in the same seat for over 30 years, and will continue to do so as a consultant to the Company,” said Pattiz. “I am, however, relinquishing my seat at the Board table. This allows me to play an active role at the company I founded, working with people that I admire and respect, while continuing the other activities that are very important to me.”
Pattiz serves as Chairman of the Department of Energy’s Los Alamos and Laurence Livermore National Security Laboratories, and as a Regent of the University of California.
In 2009, Pattiz was inducted into the National Radio Hall of Fame, and received a “Giants of Broadcasting” Award from the Library of American Broadcasting. He served from 2000 to 2006 on the Broadcasting Board of Governors, appointed by the President of the United States to oversee all non-military international broadcasting by the US government.