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Thursday, September 11, 2014

Pinch Retiring As Cumulus Restructures At The Top


Jon Pinch has logged 45 years in the radio business, the last 14 years with Cumulus. Back when Pinch first joined the company, it was operating in small markets and nowhere near the size it is today. CEO Lew Dickey asked Pinch to be his chief operating officer, a position he accepted, and will retire from, at the end of November. Pinch says it's time for a little R&R. Dickey says a new organizational structure is being put in place to reflect the company?s strategic evolution, bringing clarity, focus, and accountability to key leadership roles.

Pinch started as a jock on a Jazz station at the University of Milwaukee's WUWM, which is when he fell in love with radio. After playing around in radio for years and buying and selling a TV station in Fort Myers, Pinch would answer a call from Lowry Mays to run some of Clear Channel's international properties. In 2000, Pinch accepted the offer from Dickey and moved back to the States to join Cumulus, a company that, over the years, would grow to become one of the largest in the industry, now with 460 stations in 90 markets and approximately $866 million in revenue. A company that is changing its upper management structure that includes Pinch's retirement. 

(9/6/2014 2:22:10 AM)
Smells like a force out. Not a word from Dickey on Pinch leaving except hes gone. Pinch has screwed up the company royally for years. Most market managers can't stand him and his business model is all 1980s.

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