Two key executives at radio and magazine operator Emmis Communications are now even more key – but the exec at the very top remains in place.
That would be Chairman of the Board and Chief Executive Officer Jeff Smulyan.
Patrick Walsh’s business card will actually be a bit more compact as a result of his promotion. He is moving to President and Chief Operating Officer. His prior title was Executive Vice President/Chief Financial Officer/Chief Operating Officer.
Ryan Hornaday has been named Executive Vice President and Chief Financial Officer. His former slot was Senior Vice President of Finance and Treasurer
“We have an outstanding team of senior leaders at Emmis. These moves are a natural evolution in our leadership process, allowing Ryan to take on additional responsibility for leading our finance team thereby enabling Pat to build on his impressive track record operating our business,” said Jeff Smulyan. “We’re blessed to have a great team that makes such a difference in our performance and ability to innovate on behalf of Emmis and our industries.”
“Ryan is one of the most talented finance executives I’ve encountered in my career and I’m thrilled to see him take on the CFO role,” Walsh said. “In my new role, I look forward to working with my colleagues at Emmis and throughout the radio industry to find innovative ways to deliver growth in the coming years.”
“Throughout my sixteen years at Emmis, I have been impressed by the entrepreneurial spirit that permeates all levels of this organization,” said Hornaday. “I am excited about the opportunity to join the executive ranks at Emmis and help deliver long-term value for our shareholders and employees.”