iHeartMedia Raises CFO Michael McGuinness’s Pay and Bonus Targets

Reuters12-01

iHeartMedia Raises CFO Michael McGuinness's Pay and Bonus Targets

iHeartMedia Inc. has announced that Michael McGuinness will become Chief Financial Officer effective January 1, 2026. Under a newly amended employment agreement, McGuinness's annual salary will increase to $1.2 million, with his annual bonus target rising to 150% of his base salary. Additionally, his annual long-term incentive grant will have a target grant date fair value of $1.5 million. The term of his employment agreement is extended through June 30, 2030.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iHeartMedia Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-303163), on December 01, 2025, and is solely responsible for the information contained therein.

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