Audacy, Inc. (AUD): Conversation with CFO Richard Schmaeling
Date: June 21, 2022
Presenter: Davis Hebert
Guest Speaker: Richard Schmaeling
CreditSights Senior Telecom & Cable Analyst, Davis Hebert, and Audacy, Inc. Executive Vice President & Chief Financial Officer, Richard Schmaeling discuss Audacy, Inc.’s outlook, how audio is faring in an uncertain economic climate, the recent selling pressure in the bonds and flexibility in managing the balance sheet in a rising rate environment.
Executive Vice President & Chief Financial Officer
Audicy, Inc. (Entercom)
Richard Schmaeling is the Executive Vice President and Chief Financial Officer at Entercom, a leading media and entertainment company and the #1 creator of live, original, local audio content, reaching over 170 million consumers each month across multiple platforms. Schmaeling was a part of the executive team leading the company’s merger.
Prior to joining Entercom in 2017, Schmaeling served as the CFO at Travel Leaders Group, the largest travel agency company in the United States. Earlier, he served for seven years as CFO at LIN Media, a local TV and digital media provider, where he oversaw all aspects of the company’s financial, accounting, tax, investor relations and compliance matters. In addition, he was actively engaged in the company’s successful integration with Media General. Prior to that, Schmaeling served as Vice President of Finance at Dow Jones, where he managed the financial planning, analysis, general accounting and transaction processing services for nine business units worldwide. During his tenure at Dow Jones, he played an instrumental role in transforming the company to provide more diversified multimedia content and information services. He also helped to facilitate its 2007 acquisition by News Corporation. He began his career at Arthur Andersen in the audit and business advisory practice.
Schmaeling is a certified public accountant and holds a bachelor’s degree in accounting, magna cum laude, from Rutgers University.
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