The former head of Katz Media Group will be honored posthumously by the Broadcasters Foundation of America during the NAB Show in Las Vegas in April.
Stu Olds, president-CEO of radio-ad-sales firm Katz Media Group, passed away Saturday from complications due to myelodysplastic syndrome, or MDS, a type of leukemia. He oversaw ad-sales representation for more than 3,000 radio stations (roughly 90% of the national radio inventory) and 400 TV stations as part of a restructuring with parent company Clear Channel’s sales teams.
