Paul Caine is leaving WestwoodOne as CEO, four months after the radio content syndicator company he joined in March was bought by Cumulus Media and changed its name from Dial Global.
Caine came to Dial after a 23-year career at Time Inc., where he climbed the sales ranks to chief revenue officer and was once seen as a potential successor to then-CEO Laura Lang.
Over the past few months, his name has surfaced as a possible candidate for his old role at Time Inc., which has yet to be filled. No word yet on where he’ll land.
"Paul is an extremely talented media executive and did an excellent job of guiding WestwoodOne during a period of change,” Lew Dickey, CEO of Cumulus, said in a statement. “He positioned the company for future growth and played an instrumental role in driving a constructive transaction which delivered value for his shareholders.”
"I am so proud of the team we've built and what we've accomplished at WestwoodOne. In such a short time, we've proven the power of sound and its impact on the future of the audio industry. I am confident that this great momentum will continue under Cumulus and the strong talent and leadership of Lew Dickey," Caine said in a statement.