Emmis Makes Executive Promotions

In a series of promotions, Emmis Communications Corporation has elevated Patrick Walsh to President and Chief Operating Officer and Ryan Hornaday has been named Executive Vice President and Chief Financial Officer.

Jeff Smulyan, founder of the company, remains Chairman of the Board and Chief Executive Officer.

Walsh joined Emmis in 2006 as Chief Financial Officer and most recently served as Executive Vice President/Chief Financial Officer/Chief Operating Officer. Walsh also serves on the Emmis Board of Directors.

Hornaday, who joined Emmis in 1999 and most recently served as Senior Vice President of Finance and Treasurer, has been promoted to Executive Vice President/Chief Financial Officer/Treasurer.

“We have an outstanding team of senior leaders at Emmis. These moves are a natural evolution in our leadership process, allowing Ryan to take on additional responsibility for leading our finance team thereby enabling Pat to build on his impressive track record operating our business,” said Jeff Smulyan. “We’re blessed to have a great team that makes such a difference in our performance and ability to innovate on behalf of Emmis and our industries.”

“Ryan is one of the most talented finance executives I’ve encountered in my career and I’m thrilled to see him take on the CFO role,” Walsh said. “In my new role, I look forward to working with my colleagues at Emmis and throughout the radio industry to find innovative ways to deliver growth in the coming years.”

“Throughout my sixteen years at Emmis, I have been impressed by the entrepreneurial spirit that permeates all levels of this organization,” said Hornaday. “I am excited about the opportunity to join the executive ranks at Emmis and help deliver long-term value for our shareholders and employees.”

Emmis also announced that Christopher Rickenbach has been promoted to Vice President of Finance/Assistant Treasurer.

The promotions were effective August 1, 2015.