Townsquare Media, Inc. Announces Management Changes
January 02, 2019 at 09:00 am
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Townsquare Media, Inc. announced the departure of its Co-Founder and Co-Chief Executive Officer, Dhruv Prasad, who has resigned from his positions as Co-Chief Executive Officer and Director of the company, effective January 31, 2019. Bill Wilson will transition from Co-Chief Executive Officer to serve as the sole Chief Executive Officer of the company. Mr. Wilson, Stuart Rosenstein, Co-Founder and Chief Financial Officer, and Claire Yenicay, Executive Vice President, Investor Relations and Corporate Communications, will assume the management responsibilities Mr. Prasad held over the past year.
Mr. Wilson joined Townsquare in September 2010 and was appointed Co-Chief Executive Officer in October 2017. Prior to his appointment, he served as Executive Vice President and Chief Content & Digital Officer of the company.
Townsquare Media, Inc. is a digital media and digital marketing solutions company. The Company's integrated and diversified products and solutions enable local, regional and national advertisers to target audiences across multiple platforms, including digital, mobile, social, video, streaming, e-commerce, radio and events. Its segments include Subscription Digital Marketing Solutions, Digital Advertising and Broadcast Advertising. The Subscription Digital Marketing Solutions includes its subscription digital marketing solutions business, Townsquare Interactive. The Digital Advertising segment, which it markets as Townsquare Ignite, includes digital advertising on its owned and operated digital properties and its digital programmatic advertising platform. The Broadcast Advertising includes its local, regional and national advertising products and solutions delivered via terrestrial radio broadcast. Its portfolio includes local media brands such as WYRK.com, WJON.com and NJ101.5.com.
TOWNSQUARE MEDIA, INC. 
