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Westwood One said in a Monday (April 6) SEC filing that, after 12 months on the job, executive vp and chief revenue officer Andrew Hersam has been let go. He was told March 31 that it was his last day at Westwood One, the Form 8-K filing reported.
Hersam will continue to receive his base salary of $425,000 for a year. “The first two months of such payments (approximately $35,417 per month) will be paid on June 5, 2009.”
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