Townsquare Media Enhances Leadership Structure for Growth

Townsquare Media's Strategic Leadership Enhancements

Townsquare Media, Inc. (NYSE: TSQ), a leader in community-focused digital media, has recently announced an exciting transformation in its management structure aimed at paving the path for future growth. With the advertising industry undergoing rapid changes, Townsquare is committed to refining its leadership and operational strategies to not only keep pace but also to thrive amidst the evolving landscape.

Key Promotions within Townsquare Media

To capitalize on the unique opportunities that lie ahead, Townsquare has promoted three experienced employees into newly established roles. These promotions reflect the company's dedication to fostering talent within its ranks and positioning itself for sustained success. For instance, Cristina Cipolla has been appointed the first Chief Data Officer (CDO), a position created to leverage data insights to inform Townsquare's strategic direction and enhance client outcomes.

The Role of Chief Data Officer

Prior to her promotion, Ms. Cipolla served as Senior Vice President of Data & Analytics since 2022, showing her significant impact on the company. Mr. Hellum, Executive Vice President and Chief Operating Officer, expressed confidence in Ms. Cipolla's capabilities, emphasizing her strong work ethic and innovative mindset as key strengths that will drive Townsquare’s data-first culture. Ms. Cipolla articulated her enthusiasm for her new role and her commitment to crafting strategies that benefit clients and partners alike.

Leadership in Revenue Generation

In addition to Ms. Cipolla's advancement, Matt Kiger has been elevated to Chief Revenue Officer, Local Media. This new role is integral as Townsquare focuses on enhancing its sales strategies across its local media landscape, which encompasses both digital and broadcast radio platforms across numerous markets. With a decade of service to Townsquare, Mr. Kiger's leadership skills and dedication are expected to propel the company’s revenue initiatives forward.

Driving Local Media Success

Mr. Hellum has praised Mr. Kiger for his impactful contributions to the company through effective coaching and enthusiasm. Mr. Kiger himself expressed gratitude for his new role and excitement about collaborating with the team to foster innovation and growth. His extensive experience positions him well to lead the Local Media segment toward achieving ambitious goals.

Ignite Division Leadership Change

The promotional restructuring also sees Kelly Quinn stepping into the role of Chief Revenue Officer for Ignite, a division specializing in programmatic digital advertising solutions. Mr. Quinn's promotion recognizes his vast experience in sales and his capability to empower high-performing teams to deliver exceptional results.

Future of Townsquare Ignite

With Mr. Lawley, Townsquare’s President of Ignite operations, voicing his confidence in Mr. Quinn’s ability to lead, it is evident that the Ignite division is poised for continued success in connecting businesses with their target audiences through data-driven marketing strategies. Mr. Quinn’s vision for harnessing the division’s combined expertise is set to make a significant mark on the industry.

About Townsquare Media, Inc.

Established as a pivotal player in the digital media landscape, Townsquare specializes in providing comprehensive marketing solutions powered by its extensive portfolio of local media brands and innovative digital strategies. The company operates over 400 local news and entertainment websites, supplemented by a robust selection of radio stations across 74 markets in the United States. With a strong focus on serving local communities, Townsquare is dedicated to offering valuable services such as website design, SEO, and reputation management through Townsquare Interactive, its digital marketing services division.

Frequently Asked Questions

What changes have been made to Townsquare Media's leadership team?

Townsquare Media has promoted three employees into key leadership positions, including the roles of Chief Data Officer and Chief Revenue Officers for Local Media and Ignite.

Who is the new Chief Data Officer at Townsquare Media?

Cristina Cipolla has been appointed as the first Chief Data Officer, focusing on enhancing the company’s data-driven strategies.

What is the role of Chief Revenue Officer, Local Media?

The Chief Revenue Officer, Local Media, is responsible for driving sales initiatives and fostering growth across Townsquare's local media platforms.

What does the Ignite division specialize in?

The Ignite division specializes in programmatic digital advertising solutions, helping businesses connect with their audiences through data-informed strategies.

How does Townsquare Media approach community engagement?

Townsquare Media focuses on community engagement through its local media brands and digital marketing services, tailored to serve the unique needs of local businesses.

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