Companies Audacy
Audacy (AUD): executive pay, fiscal 2022
Free brief. Every figure links to the company’s own filing.
Audacy no longer files a proxy statement; its last pay data is FY2022.
CEO vs. named peers11th pct.Of 12 peer CEOs
CEO pay, last three years
- $2,251,863FY2020
- $2,511,305FY2021
- $2,769,525FY2022
CEO total pay was $2,769,525 in fiscal 2022, up from $2,511,305 in fiscal 2021.
FY2022: salary $1,349,255 · bonus $0 · stock awards $1,360,250 · option awards $0
Frequently asked questions
Who was the highest-paid executive at Audacy in fiscal 2022?
As disclosed, David Field (Chairman, President and Chief Executive Officer) was the highest-paid executive at Audacy in fiscal 2022, with total compensation of $2,769,525.
How does Audacy's chief executive pay compare to its disclosed peer group?
As disclosed, David Field's total compensation ranked at the 11th percentile of Audacy's disclosed peer group.
What is Audacy's CEO-to-median employee pay ratio?
As disclosed, Audacy's CEO-to-median employee pay ratio was 41:1.
How did shareholders vote on Audacy's executive compensation?
As disclosed, 83.19% of shareholders supported Audacy's executive compensation in the latest say-on-pay vote.
How much does Audacy spend in total on board compensation for fiscal 2022?
As disclosed, Audacy reported total board compensation of $1,997,894 for fiscal 2022.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| David Field | $1,349,255 | $0 | $1,360,250 | $0 | $0 | $0 | $60,020 | $2,769,525 |
| Chairman, President and Chief Executive Officer | ||||||||
| Richard Schmaeling | 815,692 | 0 | 91,113 | 0 | 183,610 | 0 | 37,270 | 1,127,685 |
| Executive Vice President and Chief Financial Officer | ||||||||
| Susan Larkin | 750,000 | 0 | 76,338 | 0 | 62,500 | 0 | 17,385 | 906,223 |
| Executive Vice President and Chief Operating Officer | ||||||||
| J.d. Crowley | 700,000 | 0 | 54,175 | 0 | 75,000 | 0 | 25,484 | 854,659 |
| President - Podcast and Streaming and Chief Digital Officer | ||||||||
| Andrew Sutor | 609,676 | 0 | 35,206 | 0 | 81,250 | 0 | 26,111 | 752,243 |
| Executive Vice President, General Counsel and Secretary | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2022 total | FY2021 total | FY2020 total | Δ FY2021→2022 |
|---|---|---|---|---|
| David Field | $2,769,525 | $2,511,305 | $2,251,863 | ↑ +258,220 |
| Richard Schmaeling | 1,127,685 | 1,661,644 | 1,056,036 | ↓ −533,959 |
| Susan Larkin | 906,223 | 1,219,663 | 925,516 | ↓ −313,440 |
| J.d. Crowley | 854,659 | 1,336,888 | — | ↓ −482,229 |
| Andrew Sutor | 752,243 | 884,970 | 1,194,695 | ↓ −132,727 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Our compensation policy has been to provide competitive compensation while also seeking to align the financial goals of our executives with those of our shareholders. The Compensation Committee selectively utilizes equity awards to further this alignment, with 100% of executives’ long-term incentive compensation denominated in company stock.
| CEO STI target (% of salary) | 200% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Exequity LLP |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2022
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| J.d. Crowley | RSU | 2022-05-10 | — | — | 27,500 | — | $54,175 |
| Susan Larkin | RSU | 2022-05-10 | — | — | 38,750 | — | 76,337 |
| Richard Schmaeling | RSU | 2022-05-10 | — | — | 46,250 | — | 91,112 |
| Andrew Sutor | RSU | 2022-05-10 | — | — | 17,871 | — | 35,205 |
| David J. Field | RSU | 2022-05-10 | — | — | 4,050,000 | — | 325,000 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| J.d. Crowley | $54,175 | $0 | $0 | 0.0% |
| Susan Larkin | 76,337 | 0 | 0 | 0.0% |
| Richard Schmaeling | 91,112 | 0 | 0 | 0.0% |
| Andrew Sutor | 35,205 | 0 | 0 | 0.0% |
| David J. Field | 325,000 | 0 | 0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2022
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| J.d. Crowley | RSU | 165,026 | — | $37,956 |
| Andrew Sutor | RSU | 175,041 | — | 40,259 |
| Susan Larkin | RSU | 243,955 | — | 56,110 |
| Richard Schmaeling | RSU | 331,747 | — | 76,302 |
| Field | PSU | 750,000 | — | 172,500 |
| Field | RSU | 862,500 | — | 198,375 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Joel HollanderIndependent · Lead Independent Director · Audit · Executive · Nominating / Corporate Governance (Chair) | $140,000 | $116,453 | $0 | $0 | $0 | $256,453 |
| Joseph M. FieldNot independent · Executive | 0 | 116,453 | 0 | 0 | 132,345 | 248,798 |
| David J. BerkmanIndependent · Audit · Compensation (Chair) · Executive | 125,000 | 116,453 | 0 | 0 | 0 | 241,453 |
| Sean R. CreamerIndependent · Audit (Chair) | 115,000 | 116,453 | 0 | 0 | 0 | 231,453 |
| Mark R. LaNeveIndependent · Compensation | 95,000 | 116,453 | 0 | 0 | 0 | 211,453 |
| Susan K. NeelyIndependent · Nominating / Corporate Governance | 90,000 | 116,453 | 0 | 0 | 0 | 206,453 |
| Monique L. NelsonIndependent · Compensation · Nominating / Corporate Governance | 90,000 | 116,453 | 0 | 0 | 0 | 206,453 |
| David LevyIndependent · Departed during FY | 82,472 | 116,453 | 0 | 0 | 0 | 198,925 |
| Louise C. KramerNot independent | 80,000 | 116,453 | 0 | 0 | 0 | 196,453 |
| David J. FieldEmployee director · Board Chair · Executive (Chair) | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $80,000 |
|---|---|
| Annual equity retainer | $120,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 35,000 / 25,000 / 15,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2022 |
|---|---|
| Cash retainers and fees | $817,472 |
| Equity awards (grant-date value) | $1,048,077 |
| All other compensation | $132,345 |
| Total cost of the board | $1,997,894 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Audacy as a peer
Companies that benchmark against AUD
1 company names AUD as a compensation peer
- Stagwell IncSTGWFY2024
Each company listed discloses AUD in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AUD in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Disclosed peer group — fiscal year 2022
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
AMC AMC Networks Inc.BBGI Beasley Broadcast Group, Inc.CMLS Cumulus Media Inc.GTN Gray Television, Inc.IHRT iHeartMedia, Inc.TSQ Townsquare Media, Inc.UONE Urban One, Inc.CNK Cinemark Holdings, Inc.NXST Nexstar Media Group, Inc.SIRI Sirius XM Holdings Inc.SBGI Sinclair Broadcast Group, Inc. Meredith Corporation
Peer reciprocity
Of the companies Audacy names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
— AMC Networks Inc. (AMC)39 Beasley Broadcast Group, Inc. (BBGI)— Cumulus Media Inc. (CMLS)40— Gray Television, Inc. (GTN)41— iHeartMedia, Inc. (IHRT)42✓ Townsquare Media, Inc. (TSQ)43— Urban One, Inc. (UONE)44— Cinemark Holdings, Inc. (CNK)45— Nexstar Media Group, Inc. (NXST)46— Sirius XM Holdings Inc. (SIRI)47— Sinclair Broadcast Group, Inc. (SBGI)48
Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Audacy.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Nexstar Media Group, Inc. | 2025 | Perry Sook | $3,000,000 | $29,584,405 | $0 | $4,085,072 | $39,509,740 |
| 2 | AMC Networks Inc. | 2025 | Adam Aron | 1,557,692 | 7,381,282 | 0 | 6,000,000 | 14,975,072 |
| 3 | iHeartMedia, Inc. | 2025 | Robert Pittman | 1,800,000 | 8,000,002 | 0 | 2,867,400 | 12,971,814 |
| 4 | Gray Television, Inc. | 2025 | Hilton Howell | 1,531,000 | 6,506,756 | 0 | 3,279,966 | 11,472,138 |
| 5 | Sinclair Broadcast Group, Inc. | 2025 | Christopher Ripley | 1,000,000 | 6,761,543 | 0 | 2,079,652 | 10,824,228 |
| 6 | Cinemark Holdings, Inc. | 2025 | Sean Gamble | 1,000,000 | 6,499,968 | 0 | 3,200,000 | 10,815,407 |
| 7 | Sirius XM Holdings Inc. | 2025 | Jennifer Witz | 2,000,000 | 0 | 0 | 6,000,000 | 8,012,795 |
| 8 | Townsquare Media, Inc. | 2025 | Bill Wilson | 1,450,000 | 2,502,135 | 0 | 0 | 5,897,214 |
| 9 | Cumulus Media Inc. | 2024 | Mary Berner | 1,450,000 | 1,743,751 | 0 | 1,458,593 | 4,655,794 |
| 10 | Urban One, Inc. | 2025 | Alfred Liggins III | 1,250,000 | 15,202 | 0 | 0 | 4,117,336 |
| 11 | Audacy | 2022 | David Field | 1,349,255 | 1,360,250 | 0 | 0 | 2,769,525 |
| 12 | Beasley Broadcast Group, Inc. | 2025 | Caroline Beasley | 1,205,960 | 0 | 0 | 375,000 | 1,617,062 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Audacy | 0% | RSU 100 | No | Exequity LLP |
| AMC Networks Inc. | not disclosed | PSU 60 · RSU 40 | not disclosed | Korn Ferry |
| Beasley Broadcast Group, Inc. | not disclosed | RSU 100 | not disclosed | not disclosed |
| Cinemark Holdings, Inc. | 200% | PSU 60 · RSA 40 | No | Pearl Meyer |
| Cumulus Media Inc. | not disclosed | RSU 50 · CPU 30 · PRSU 20 | not disclosed | Frederic W. Cook & Co., Inc. |
| Gray Television, Inc. | 215% | PSU 50 · RSU 50 | No | Meridian Compensation Partners, LLC |
| iHeartMedia, Inc. | not disclosed | not disclosed | not disclosed | FW Cook |
| Nexstar Media Group, Inc. | 113% | RSU 50 · PSU 50 | Yes — Relative TSR vs Peer Group | Meridian |
| Sinclair Broadcast Group, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Sirius XM Holdings Inc. | 102% | not disclosed | No | Meridian Compensation Partners, LLC |
| Townsquare Media, Inc. | not disclosed | not disclosed | not disclosed | Willis Tower Watson PLC |
| Urban One, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2023 | 2023-05-24 | 98,018,870 | 19,808,187 | 4,685,473 | 83.19% | Passed |
| 2020 | 2020-05-05 | 129,428,529 | 8,350,031 | 406,795 | 93.94% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2023 | 2023-05-24 | 83.19%a |
| 2020 | 2020-05-05 | 93.94%b |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 41 : 1 |
|---|---|
| CEO total compensation | $2,769,525 |
| Median employee compensation | $67,513 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (48 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, David Field. DEF 14A, filed 2023-04-04. Section “Executive Compensation”. As printed: 2,769,525. View filing ↗
- Section 01, Richard Schmaeling. DEF 14A, filed 2023-04-04. Section “Executive Compensation”. As printed: 1,127,685. View filing ↗
- Section 01, Susan Larkin. DEF 14A, filed 2023-04-04. Section “Named Executive Officers”. As printed: 906,223. View filing ↗
- Section 01, J.d. Crowley. DEF 14A, filed 2023-04-04. Section “Executive Compensation”. As printed: 854,659. View filing ↗
- Section 01, Andrew Sutor. DEF 14A, filed 2023-04-04. Section “Named Executive Officers”. As printed: 752,243. View filing ↗
- Section 03, J.d. Crowley RSU. DEF 14A, filed 2023-04-04. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Susan Larkin RSU. DEF 14A, filed 2023-04-04. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Richard Schmaeling RSU. DEF 14A, filed 2023-04-04. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Andrew Sutor RSU. DEF 14A, filed 2023-04-04. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, David J. Field RSU. DEF 14A, filed 2023-04-04. Section “GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2023-04-04. Section “CEO Pay Ratio”. As printed: 41 : 1. View filing ↗
- Section 08, Joel Hollander. DEF 14A, filed 2023-04-04. Section “Director Compensation”. As printed: 256,453. View filing ↗
- Section 08, Joseph M. Field. DEF 14A, filed 2023-04-04. Section “Director Compensation”. As printed: 248,798. View filing ↗
- Section 08, David J. Berkman. DEF 14A, filed 2023-04-04. Section “Director Compensation”. As printed: 241,453. View filing ↗
- Section 08, Sean R. Creamer. DEF 14A, filed 2023-04-04. Section “Director Compensation”. As printed: 231,453. View filing ↗
- Section 08, Mark R. LaNeve. DEF 14A, filed 2023-04-04. Section “Director Compensation”. As printed: 211,453. View filing ↗
- Section 08, Susan K. Neely. DEF 14A, filed 2023-04-04. Section “Director Compensation”. As printed: 206,453. View filing ↗
- Section 08, Monique L. Nelson. DEF 14A, filed 2023-04-04. Section “Director Compensation”. As printed: 206,453. View filing ↗
- Section 08, David Levy. DEF 14A, filed 2023-04-04. Section “Director Compensation”. As printed: 198,925. View filing ↗
- Section 08, Louise C. Kramer. DEF 14A, filed 2023-04-04. Section “Director Compensation”. As printed: 196,453. View filing ↗
- Section 08, David J. Field. DEF 14A, filed 2023-04-04. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-05-26. Item 5.07 · say-on-pay result. As reported: 83.19% (votes for as printed: 98,018,870). View filing ↗
- Section 06, 2020 vote. Form 8-K, filed 2020-05-07. Item 5.07 · say-on-pay result. As reported: 93.94%. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 817,472 + equity 1,048,077 + all other 132,345 = 1,997,894, summed across the director compensation table rows.
- Nexstar Media Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Nexstar Media Group, Inc.'s own proxy. As printed: 39,509,740. View filing ↗
- AMC Networks Inc., Section 10b CEO total. DEF 14A, filed 2026-08-10. CEO total compensation as printed in AMC Networks Inc.'s own proxy. As printed: 14,975,072. View filing ↗
- iHeartMedia, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in iHeartMedia, Inc.'s own proxy. As printed: 12,971,814. View filing ↗
- Gray Television, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Gray Television, Inc.'s own proxy. As printed: 11,472,138. View filing ↗
- Sinclair Broadcast Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Sinclair Broadcast Group, Inc.'s own proxy. As printed: 10,824,228. View filing ↗
- Cinemark Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Cinemark Holdings, Inc.'s own proxy. As printed: 10,815,407. View filing ↗
- Sirius XM Holdings Inc., Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Sirius XM Holdings Inc.'s own proxy. As printed: 8,012,795. View filing ↗
- Townsquare Media, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Townsquare Media, Inc.'s own proxy. As printed: 5,897,214. View filing ↗
- Cumulus Media Inc., Section 10b CEO total. DEF 14A, filed 2025-04-25. CEO total compensation as printed in Cumulus Media Inc.'s own proxy. As printed: 4,655,794. View filing ↗
- Urban One, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-08. CEO total compensation as printed in Urban One, Inc.'s own proxy. As printed: 4,117,336. View filing ↗
- Audacy (subject), Section 10b CEO total. DEF 14A, filed 2023-04-04. CEO total compensation as printed in Audacy's own proxy. As printed: 2,769,525. View filing ↗
- Beasley Broadcast Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-29. CEO total compensation as printed in Beasley Broadcast Group, Inc.'s own proxy. As printed: 1,617,062. View filing ↗
- Section 10a, AMC Networks Inc. reciprocity. DEF 14A. AMC Networks Inc.'s most recent proxy was read; its disclosed peer group does not include Audacy. View filing ↗
- Section 10a, Cumulus Media Inc. reciprocity. DEF 14A. Cumulus Media Inc.'s most recent proxy was read; its disclosed peer group does not include Audacy. View filing ↗
- Section 10a, Gray Television, Inc. reciprocity. DEF 14A. Gray Television, Inc.'s most recent proxy was read; its disclosed peer group does not include Audacy. View filing ↗
- Section 10a, iHeartMedia, Inc. reciprocity. DEF 14A. iHeartMedia, Inc.'s most recent proxy was read; its disclosed peer group does not include Audacy. View filing ↗
- Section 10a, Townsquare Media, Inc. reciprocity. DEF 14A. Townsquare Media, Inc. names Audacy in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Urban One, Inc. reciprocity. DEF 14A. Urban One, Inc.'s most recent proxy was read; its disclosed peer group does not include Audacy. View filing ↗
- Section 10a, Cinemark Holdings, Inc. reciprocity. DEF 14A. Cinemark Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Audacy. View filing ↗
- Section 10a, Nexstar Media Group, Inc. reciprocity. DEF 14A. Nexstar Media Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Audacy. View filing ↗
- Section 10a, Sirius XM Holdings Inc. reciprocity. DEF 14A. Sirius XM Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include Audacy. View filing ↗
- Section 10a, Sinclair Broadcast Group, Inc. reciprocity. DEF 14A. Sinclair Broadcast Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Audacy. View filing ↗