02.16.2012

Marty Gausvik Joins Learfield Communications As CFO

Learfield Communications, Inc. has named former Cumulus Media EVP/CFO Marty Gausvik as Chief Financial Officer

JEFFERSON CITY, Mo. – (Feb. 16, 2012) – Learfield Communications, Inc. has named former Cumulus Media EVP/CFO Marty Gausvik as Chief Financial Officer. Gausvik, most recently head of his own MRG Consulting firm, was at Cumulus in 2000-2009 and previously served in senior-level financial positions with Citicaster, Jacor, and Latin Communications Group. He replaces Paul Schofer, who is exiting after five years to return to Kansas City as VP of Operations/CFO of the new Kauffman Center for the Performing Arts.

CEO Greg Brown said, “Marty brings to Learfield a wealth of experience as a seasoned veteran in the media industry, and he will be a perfect addition to our senior management team at Learfield. This is an exciting time for our company, and we are thrilled to have Marty join us.”

“I’m excited to join Learfield, a company that has a tremendous culture and great relationships with its employees, partners and sponsors,” said Gausvik. “This is a terrific opportunity for me, and I look forward to working with the Learfield team in continuing to build a great business.”

ABOUT LEARFIELD COMMUNICATIONS

Learfield Communications, originally named Missouri Network, Inc., was an outgrowth of a graduate thesis by Clyde Lear, who later teamed with Derry Brownfield to create a regional farm radio network that eventually grew into a diverse media enterprise with more than 350 employees. In 1975, the company began distributing the University of Missouri radio broadcasts, marking the company’s initial foray into collegiate sports. Like Mizzou, a partner still today, the company’s collegiate sports rights relationships are broad in scope and include management of a wide variety of sponsorship, media and marketing assets. Company produced television programming is seen on more than 160 local stations, cable systems and Regional Sports Networks, and it also provides exclusive sports programming to more than 1,000 radio stations nationwide. Learfield News operates Brownfield, the leading agriculture radio network and information service and five state news networks. For additional detail about its history and complete collegiate portfolio, visit www.learfield.com.