iHeartMedia Names Graciela Monteagudo to Its Board of Directors

NEW YORK-- June 3, 2021 -- iHeartMedia, Inc. (NASDAQ: IHRT), the leading audio company in America, today announced that it has named Graciela Monteagudo to its Board of Directors effective immediately.

Monteagudo, who most recently served as CEO and President of Lala U.S., a producer and distributor of dairy-based products focused on Hispanic/Millennial consumers, is an internationally-respected executive who, over her 30-year career, has held leadership roles at a variety of multinational Fortune 500 companies across the consumer products, healthcare and retail industries.

“We are extremely pleased that Graciela is bringing her expertise across strategic planning, digital marketing, mergers & acquisitions, international operations and the Hispanic and Latin American consumer audience, as well as her leadership in diversity, inclusion and cultural transformation, to the iHeart board,” said Bob Pittman, Chairman and CEO of iHeartMedia, Inc. “Her significant experience in North and Latin America -- and her extensive background in global/digital marketing, e-commerce and consumer goods will provide valuable insights to our Board as well as significant contributions to our company and our shareholders.”

Prior to Lala U.S., Monteagudo was President, Americas and Global Marketing for Mead Johnson Nutrition, after serving as the company’s VP and GM, Latin America and General Manager – Mexico. She also held various leadership roles at Walmart Mexico, including serving as SVP and Business Unit Head for Sam’s Club in Mexico.

Monteagudo currently serves on the boards of the WD-40 Company; ACCO Brands; Driscoll’s Berry Company; and The Juice Plus+ Company. She has been recognized as a Governance Fellow for the National Association of Corporate Directors (NACD) and an active participant in the Women Corporate Directors Association (WCD) and Latino Corporate Directors Association (LCDA). In addition, she was recognized by Hispanic Executive Magazine’s 2020 Best of the Boardroom; by Directors & Boards Magazine’s 2020 Directors to Watch; and by WomenInc. Magazine’s 2019 Most Influential Corporate Directors.

About iHeartMedia, Inc.

iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month. It consists of three business groups.

With its quarter of a billion monthly listeners, the iHeartMedia Multiplatform Group has a greater reach than any other media company in the U.S. Its leadership position in audio extends across multiple platforms, including more than 860 live broadcast stations in over 160 markets nationwide; its National Sales organization; and the company’s live and virtual events business. It also includes Premiere Networks, the industry’s largest Networks business, with its Total Traffic and Weather Network (TTWN); and BIN: Black Information Network, the first and only 24/7 national and local all news audio service for the Black community. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio suite of data targeting and attribution products using data from its massive consumer base.

The iHeartMedia Digital Audio Group includes the company’s fast-growing podcasting business -- iHeartMedia is the number one podcast publisher in downloads, unique listeners, revenue and earnings -- as well as its industry-leading iHeartRadio digital service, available across more than 250 platforms and 2,000 devices; the company’s digital sites, newsletters, digital services and programs; its digital advertising technology companies; and its audio industry-leading social media footprint.

The company’s Audio & Media Services reportable segment includes Katz Media Group, the nation’s largest media representation company, and RCS, the world's leading provider of broadcast and webcast software.

Visit iHeartMedia.com for more company information.