iHeartMedia names Michael McGuinness CFO effective Jan 1, 2026; extends employment to 2030

iHeartMedia, Inc.

Annual salary rises to $1.2M, bonus target increases to 150% of base salary.
Long-term incentive grant target set at $1.5M annual grant-date fair value.
Employment term extended through June 30, 2030; non-renewal notice period shifted to Dec 1 – Jan 1.
McGuinness will report to President & COO Richard Bressler, replacing prior CFO dual role.
Amendment also updates payola compliance and arbitration provisions.

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