leadership
confidence high
sentiment positive
materiality 0.75
PodcastOne promotes Ryan Carhart to CFO; cost savings target $23M+
PodcastOne, Inc.
- Ryan Carhart named CFO of PodcastOne, LiveOne, and subsidiaries effective Feb 19, 2025.
- Cost savings expanded to over $23M including $13M in additional reductions at CPS.
- LiveOne paid $3.7M to East West Bank on a $7M loan; secured LOI to refinance remaining debt.
- Former CFO Aaron Sullivan departed to pursue another opportunity, no dispute.