Michael Josephs is the new SVP of Corporate Strategy and Development for radio group Townsquare Media. And it doesn’t take a rocket scientist to guess at the company’s plans when it announces it has hired an M&A expert.
Josephs was previously the Managing Director for investment bank MESA Securities, where he was a specialist in entertainment and media. He has also done similar work for Credit Suisse and Merrill Lynch.
“We are thrilled to have Michael join the Townsquare Media team and oversee our continued expansion into new products and sectors,” commented Steven Price, Townsquare Media Group Chairman and CEO. “Michael has a strong track record of success in the mergers and acquisitions sector and will greatly increase our Company’s bandwidth to explore opportunities.”
“I am very excited to be joining Townsquare Media,” said Josephs. “After years of advising companies, I am delighted to be joining this smart, dynamic and motivated team that has already accomplished so much. I look forward to exploring opportunities to diversify the business and achieving the ultimate strategic vision on a local and national level.”
According to Townsquare, Josephs will operate out of the company’s Greenwich CT headquarters, from which it operates some 242 radio stations and other assets.