Cumulus Media (NASDAQ: CMLS) today announced that it has appointed Collin Jones as President of Westwood One, effective January 1, 2024, responsible for Westwood One, the largest audio network in America, and the top-rated Cumulus Podcast Network. Jones adds this position to his current role as EVP of Corporate Strategy & Development for Cumulus Media, reporting to Mary Berner, President and CEO of Cumulus Media. He succeeds Suzanne Grimes, who decided to embark on the next chapter of her career after eight years.
Jones joined Cumulus Media in 2011 and is responsible for leading the Company’s strategy, corporate development (including major partnerships and M&A), and investor relations efforts. Jones has led the Company through several strategic transactions and growth initiatives including the acquisition of Westwood One in 2013. Additionally, he oversees IncentRev, the Company’s e-commerce and daily deal platform.
Jones is the National Association of Broadcasters Radio Board Chairman and Vice Chairman of the Radio Music License Committee. Before joining Cumulus, he held positions at Macquarie Capital and Argentum Group.
Mary Berner said, “With his deep understanding of both Cumulus Media and Westwood One, Collin is uniquely qualified for this role and is well-prepared to harness the full power of our platform to help Westwood One grow. Collin has consistently demonstrated his savvy business acumen, effective management style, and collaborative spirit, and I have full confidence that he has the skills and the vision to build upon Suzanne’s considerable accomplishments.”
Berner added, “I would like to thank Suzanne for her invaluable contributions and her pivotal role in our success. Under her leadership, we launched the top-rated Cumulus Podcast Network, built the multi-platform Westwood One News/Talk franchise, and establi
