CEO DATELINE - NAB extends CEO Smith's contract to 2023
CEO DATELINE - NAB extends CEO Smith's contract to 2023
- September 12, 2017 |
- Walt Williams
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The National Association of Broadcasters announced Tuesday that the group's elected leadership has extended the contract of CEO Gordon Smith to March 31, 2023.
Smith joined NAB in November 2009. The group previously extended his contract in 2012 and 2014. The CEO is a former two-term Republican U.S. senator from Oregon who previously led the family-owned Smith Frozen Foods.
"Gordon Smith has shown a steady hand guiding America's local radio and television stations through the public policy challenges of Washington," NAB Joint Board Chair CarolineBeasley said. "He has enormous credibility on Capitol Hill and at the FCC, and is a determined advocate for local broadcasting. We are thrilled that we will benefit from Gordon's leadership into 2023."
NAB represents radio and television broadcasters. Both industries have separate boards in the organization. The group also has an executive committee with both TV and radio members. Smith, as CEO, also is a member of the executive committee.
NAB did not disclose the terms of Smith's contract extension, but he made $1,167,259 in compensation in 2015, according to the association's most recent tax filings. Among his tasks is overseeing the relocation of the association's headquarters near Dupont Circle in Washington, D.C., to a 10-story office building currently under construction at the corner of South Capitol and M Streets in the district's Capital Riverfront neighborhood. The project is scheduled to be completed in 2018.
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