The estimated Net Worth of Richard J Bressler is at least $1.06 mil millones dollars as of 18 May 2024. Mr. Bressler owns over 141,099 units of iHeartMedia stock worth over $5,640,899 and over the last 19 years he sold IHRT stock worth over $1,034,130,863. In addition, he makes $21,051,600 as President, Chief Financial Officer, Chief Operating Officer y Director at iHeartMedia.
Richard has made over 19 trades of the iHeartMedia stock since 2007, according to the Form 4 filled with the SEC. Most recently he exercised 141,099 units of IHRT stock worth $253,978 on 18 May 2024.
The largest trade he's ever made was selling 8,430,364 units of iHeartMedia stock on 21 February 2013 worth over $266,146,591. On average, Richard trades about 253,511 units every 50 days since 2006. As of 18 May 2024 he still owns at least 3,133,833 units of iHeartMedia stock.
You can see the complete history of Mr. Bressler stock trades at the bottom of the page.
Richard J. Bressler serves as President, Chief Financial Officer, Chief Operating Officer, Director of the Company. Mr. Bressler was the Senior Executive Vice President and Chief Financial Officer of Viacom, Inc. from 2001 through 2005. He also served as Chairman and Chief Executive Officer of Time Warner Digital Media and, from 1995 to 1999, was Executive Vice President and Chief Financial Officer of Time Warner Inc. Prior to joining Time Inc. in 1988, Mr. Bressler was a partner with the accounting firm of Ernst & Young LLP since 1979. Mr. Bressler also currently is a director of iHeartMedia, iHeartCommunications and Gartner, Inc., a member of the board of managers of iHeartMedia Capital I, LLC and a board observer at Univision Communications Inc. Mr. Bressler previously served as a member of the board of directors of American Media Operations, Inc., Nielsen Holdings B.V. and Warner Music Group Corp. and as a member of the J.P. Morgan Chase National Advisory Board. Mr. Bressler holds a B.B.A. in Accounting from Adelphi University.
As the President, Chief Financial Officer, Chief Operating Officer y Director of iHeartMedia, the total compensation of Richard Bressler at iHeartMedia is $21,051,600. There are 1 executives at iHeartMedia getting paid more, with Robert Pittman having the highest compensation of $22,868,400.
Richard Bressler is 62, he's been the President, Chief Financial Officer, Chief Operating Officer y Director of iHeartMedia since 2015. There are 6 older and 11 younger executives at iHeartMedia. The oldest executive at iHeartMedia, Inc. is Robert W. Pittman, 67, who is the Chairman & CEO.
Richard's mailing address filed with the SEC is 20880, Stone Oak Parkway, Stone Oak, San Antonio, Bexar County, Texas, 78258, United States.
Over the last 6 years, insiders at iHeartMedia have traded over $29,620,326 worth of iHeartMedia stock and bought 19,022,904 units worth $295,145,356 . The most active insiders traders include Richard J Bressler, Media & Entertainment Inves... y Point Capital L.P.O'shea Ro.... On average, iHeartMedia executives and independent directors trade stock every 51 days with the average trade being worth of $1,025,129. The most recent stock trade was executed by Richard J Bressler on 18 May 2024, trading 141,099 units of IHRT stock currently worth $253,978.
iHeartMedia, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorship, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents approximately 120 syndicated radio programs and services to approximately 6,400 radio station affiliates. It also delivers real-time traffic flow and incident information, and weather updates, sports, and news through approximately 2,100 radio stations and 170 television affiliates, and Internet and mobile partnerships. As of December 31, 2021, this segment owned 863 radio stations, which included 249 AM and 614 FM radio stations. The Digital Audio Group segment provides podcasting, digital sites, newsletters, digital services, and programs; and iHeartRadio, a mobile app and web-based service for radio stations, digital-only stations, custom artist stations, and podcasts. The Audio and Media Services Group segment engages in the media representation business. This segment also provides cloud and on-premises broadcast software, such as radio and television automation, music scheduling, newsroom automation, advertising sales management, disaster recovery solutions; and real-time audio recognition technology to approximately 10,000 radio and television stations, cable channels, record labels, advertisers, and agencies, as well as media streaming and research services. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. iHeartMedia, Inc. is headquartered in San Antonio, Texas.
iHeartMedia executives and other stock owners filed with the SEC include: