---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-248454"
form_type: "8-K"
ticker: "IHRT"
cik: "0001400891"
company_name: "iHeartMedia, Inc."
filed_at: "2022-09-21T23:59:59+00:00"
generated_at: "2026-06-23T08:15:23.739991+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# iHeartMedia promotes McGuinness to Deputy CFO & CFO of Multiplatform/Digital; salary raised to $850K

## Summary
- Michael McGuinness named EVP, Deputy CFO, and CFO – Multiplatform and Digital Segments.
- Annual base salary increased to $850,000 (Sept 2022), rising to $925,000 (Jan 2024) and $975,000 (Jan 2026).
- Target bonus raised from 110% to 125% of base salary; employment term extended to June 1, 2027.
- Severance enhanced: 1.5x base+bonus for non-CIC termination; 2x for CIC termination, plus COBRA and accelerated vesting.

## SEC filing metadata
- accession: 0001193125-22-248454
- form_type: 8-K
- ticker: IHRT
- cik: 0001400891
- company_name: iHeartMedia, Inc.
- filed_at: 2022-09-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1400891/000119312522248454/0001193125-22-248454-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1400891/000119312522248454/d251354d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-248454
- JSON: https://secwatch.observer/filing/0001193125-22-248454.json
- Plain text: https://secwatch.observer/filing/0001193125-22-248454.txt

## Key facts
- Executive change
  Michael McGuinness changed role as Executive Vice President, Deputy Chief Financial Officer of the Company and Chief Financial Officer – Multiplatform and Digital Segments at iHeartMedia, Inc..
  - Action: promoted
  - Role: Executive Vice President, Deputy Chief Financial Officer of the Company and Chief Financial Officer – Multiplatform and Digital Segments
  source text: Mr. McGuinness’s title was changed from Executive Vice President – Finance and Deputy Chief Financial Officer to Executive Vice President, Deputy Chief Financial Officer of the Company and Chief Financial Officer – Multiplatform and Digital Segments.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1400891/000119312522248454/0001193125-22-248454-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.