So who are the new co-CEOs now running the company ranked third in terms of number of stations owned (behind Cumulus and iHeartmedia)? Bill Wilson (left) joined Townsquare in September 2010 and most recently served as Executive Vice President and Chief Content & Digital Officer of the Company. Prasad co-founded Townsquare in 2010 and most recently served as Executive Vice President, Live Events, where he led all aspects of the Company’s Live Events division.
Before joining Townsquare, Wilson was President of AOL Media from 2006 to May 2010 where he had overall responsibility for the Company’s global content strategy. In his nine years at AOL, he also served in a number of roles including President, AOL Programming & Studios and Executive Vice President, AOL Programming. Prior to joining AOL in 2001, Wilson served as Senior Vice President for Worldwide Marketing at Bertelsmann Music Group, which he joined in 1992, and was responsible for worldwide marketing including artist, digital, and non-traditional marketing across more than 50 countries for artists including Dave Matthews Band, Outkast, Whitney Houston, and Santana.
Prior to co-founding Townsquare, Prasad spent nearly a decade in private equity investing
and corporate finance, completing transactions in media, communications, financial services, real estate, and technology. He previously worked at Thomas H. Lee Partners and Spectrum Equity Investors, and began his career in the Investment Banking Division of Salomon Smith Barney, where he worked in New York and Hong Kong. He received an A.B. cum laude from Dartmouth College and a M.B.A. from the Wharton School at the University of Pennsylvania. He is a graduate of Leadership Music in Nashville.
About the promotions: Wilson said, “I am excited to lead Townsquare in reaching new heights and continue as the premier local advertising and marketing solutions company in the heartland of America. And we are pleased that Erik Hellum will take on added responsibilities as COO, Local Media.” Prasad added, “I am very grateful to Steven and the Board for this opportunity, and I am excited to get to work with Bill, Erik, Stu, and the rest of Townsquare’s management and employees to continue to grow our business and deliver value to our stakeholders.”
