Richard Marks Named COO At United States Traffic Network

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Marks


Veteran broadcasting executive RICHARD MARKS has been named COO at UNITED STATES TRAFFIC NETWORK,  MARKS is the former COO at FOCUS 360 and an executive at WESTWOOD ONE and SHADOW BROADCAST SERVICES/METRO NETWORKS.

Chairman/CEO IVAN SHULMAN said, “With the addition of RICHARD to our team, U.S. TRAFFIC NETWORK is positioned for continued growth and strategic improvements across the board.  RICHARD’s deep industry knowledge and experience in the broadcast media and traffic sector makes him the ideal strategic addition to the team.”

“I look forward to leveraging my expertise working with a wide range of broadcast media companies to help USTN and will work to make smart, strategic moves for the Company to ensure a steady foundation that will allow for scalable growth well into the future,” added MARKS. “IVAN and his team are reinventing the way we think about the traffic business, and I am pleased to be a part of the next chapter.”

USTN took a hit from ENTERCOM’s quarterly financial report on TUESDAY (5/8), with ENTERCOM’s DAVID FIELD pointing to the traffic information provider as a reason for a $12 million exclusion from first quarter revenues due to “financial issues.”


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