Bill Wilson
Chief Executive Officer at TTownsquare Media Inc
Since January 2019
Age
55 years
Education
Graduated summa cum laude from the State University of New York at Stony Brook with a B.A. in Economics and a B.S. in Business Management, and earned an M.B.A. with honors in Finance and Marketing from Rutgers University’s Graduate School of Management.
Tenure
Joined TSQ in September 2010 as Executive Vice President and Chief Content & Digital Officer, was promoted to Co-Chief Executive Officer in October 2017, and became Chief Executive Officer in January 2019.
Also at Townsquare Media Inc
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Erik Hellum
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Robert Worshek
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About
Bill Wilson has built a distinguished career in the media and digital sectors, beginning his professional journey at Arista Records and advancing his expertise at Bertelsmann Music Group, where he contributed to global marketing initiatives and the management of major artists.
At AOL, he served in several leadership roles including President of AOL Media, where he drove innovative digital content strategies that reached millions of users worldwide, earning recognition for his transformative impact in the industry.
His later move to TSQ further showcased his strategic vision and commitment to growth, as he steered the company through significant changes and innovations. His influence in the media sector is further highlighted by multiple industry awards and his role as Radio Board Chair for the National Association of Broadcasters.
$TSQ Performance Under Bill Wilson
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Townsquare Media (TSQ) | Co-Chief Executive Officer | October 2017 - January 2019 | Held the position prior to becoming CEO |
| Townsquare Media (TSQ) | Executive Vice President and Chief Content & Digital Officer | September 2010 - October 2017 | Oversaw the management of the company's digital operations |
| AOL Media | President of AOL Media / President of AOL Programming & Studios / Executive Vice President of AOL Programming | 2006 - 2010 | Directed global content strategy; under his leadership, content sites grew to 75 million monthly unique visitors domestically and 150 million worldwide |
| Bertelsmann Music Group (BMG) | Senior Vice President for Worldwide Marketing | 1992 - 2001 | Managed worldwide marketing across over 50 countries and worked with major artists |
| Arista Records (BMG Subsidiary) | Product Manager | N/A | Worked with various artists including Notorious B.I.G., TLC, Sarah McLachlan, Kenny G, and Spiritualized |
Fixed Compensation
Data from FY 2023
| Component Name | Amount ($) | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary | 1,450,000 | Annually 2023 | Fixed base pay |
| Automobile Allowance | 36,000 | Annually 2023 | Allowance for vehicle expenses |
| 401(k) Matching Contributions | 3,300 | Annually 2023 | 401(k) matching |
| Healthcare and Other Benefits | 64,142 | Annually 2023 | Insurance premiums cost |
| Dividends on Unvested Restricted Stock | 41,387 | Annually 2023 | Dividends on unvested RSU |
| Tax Gross-Up Payments | 39,129 | Annually 2023 | Offsets tax liability from auto allowance |
Performance Compensation
Data from FY 2023
Discretionary Annual Bonus
| Metric | Value | Details |
|---|---|---|
| Target Bonus | $1,305,000 | 90% of base salary |
| Bonus Percentage | 90% | Target bonus as percentage of base salary |
| Payment Schedule | January 2024 | Paid for 2023 performance; contingent on employment at bonus payment date |
| Performance Metrics | Not specified | Awarded at the discretion of the Compensation Committee; no detailed performance metrics |
Performance-Based RSUs / Stock Awards
| Metric | Value | Details |
|---|---|---|
| VWAP Threshold 1 | $12.49 | Vesting of one-third of units |
| VWAP Threshold 2 | $14.40 | Vesting of an additional one-third of units |
| VWAP Threshold 3 | $16.40 | Vesting of the final one-third of units |
| Grant Date | December 2023 / December 28, 2023 | RSUs granted in December 2023 |
| Grant Date Stock Price | $10.89 | Closing price prior to the grant date |
| Grant Date Fair Value | Determined using Monte Carlo model | Valuation method for performance-based RSUs |
| Grant Value | $4,130,785 | Total value of performance-based awards |
| Number of Performance-Based RSUs | 280,347 | Exact number of RSUs granted |
| Vesting Schedule | One-third vesting at each threshold over 3 years | RSUs vest upon achieving each VWAP threshold, subject to continued employment during the period |