Brad T. Gerstner serves as Independent Director of the Company. Mr. Gerstner has served, since 2008, as the CEO and CIO of Altimeter Capital Management, LP, an internet, software and travel focused investment firm that he founded in 2008. Prior to launching Altimeter, Mr. Gerstner was an internet entrepreneur, co-founding two internet search start-ups. Additionally, Mr. Gerstner previously served as a board member and compensation committee member of Orbitz, Inc. He has also served on the boards of SilverRail Technologies, Duetto Research and HotelTonight. Mr. Gerstner holds a B.S. in economics and political science from Wabash College, a J.D. from Indiana University School of Law and an M.B.A. from Harvard Business School. Mr. Gerstner has advised a broad range of companies on business, financial and value-creation strategies. Mr. Gerstner’s proven financial acumen and background in analyzing financial markets brings a depth of knowledge and practical experience to the Board.
As the Independent Director of iHeartMedia, the total compensation of Brad Gerstner at iHeartMedia is $873,262. There are 11 executives at iHeartMedia getting paid more, with Robert Pittman having the highest compensation of $22,868,400.
Brad Gerstner is 48, he's been the Independent Director of iHeartMedia since 2019. There are 15 older and 4 younger executives at iHeartMedia. The oldest executive at iHeartMedia, Inc. is Robert W. Pittman, 67, who is the Chairman & CEO.
Brad's mailing address filed with the SEC is 20880, Stone Oak Parkway, Stone Oak, San Antonio, Bexar County, Texas, 78258, United States.
Over the last 5 years, insiders at iHeartMedia have traded over $29,620,326 worth of iHeartMedia stock and bought 19,022,904 units worth $295,145,356 . The most active insiders traders include Richard J Bressler, Media & Entertainment Inves..., and Point Capital L.P.O'shea Ro.... On average, iHeartMedia executives and independent directors trade stock every 51 days with the average trade being worth of $1,025,129. The most recent stock trade was executed by Richard J Bressler on 18 May 2024, trading 141,099 units of IHRT stock currently worth $253,978.
iHeartMedia, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorship, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents approximately 120 syndicated radio programs and services to approximately 6,400 radio station affiliates. It also delivers real-time traffic flow and incident information, and weather updates, sports, and news through approximately 2,100 radio stations and 170 television affiliates, and Internet and mobile partnerships. As of December 31, 2021, this segment owned 863 radio stations, which included 249 AM and 614 FM radio stations. The Digital Audio Group segment provides podcasting, digital sites, newsletters, digital services, and programs; and iHeartRadio, a mobile app and web-based service for radio stations, digital-only stations, custom artist stations, and podcasts. The Audio and Media Services Group segment engages in the media representation business. This segment also provides cloud and on-premises broadcast software, such as radio and television automation, music scheduling, newsroom automation, advertising sales management, disaster recovery solutions; and real-time audio recognition technology to approximately 10,000 radio and television stations, cable channels, record labels, advertisers, and agencies, as well as media streaming and research services. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. iHeartMedia, Inc. is headquartered in San Antonio, Texas.
iHeartMedia executives and other stock owners filed with the SEC include: