leadership
confidence high
sentiment neutral
materiality 0.25
iHeartMedia amends Chief Legal Officer Fasbender's agreement; salary raised to $825K
iHeartMedia, Inc.
- Jordan Fasbender's employment term extended to September 30, 2026 with auto-renewals.
- Annual base salary increased to $825,000 effective Oct 1, 2024, rising to $850,000 on Oct 1, 2025.
- Target bonus raised to 115% of base salary; expected annual equity award of $1,000,000 from FY 2025.
- Title changed to Executive Vice President, Chief Legal Officer and Corporate Secretary.