Adrian J Cotterill, Editor-in-Chief
Earlier this week Outfront Media (NYSE: OUT) announced that Jeremy J. Male, the Outfront’s Chairman and Chief Executive Officer, will retire.
The retirement was mutually agreed between Jeremy and the board of directors pursuant to a letter agreement, dated December 16, 2024, providing for Mr. Male’s continued services through March 31, 2025, or, if the Company and Mr. Male mutually agree, a later date not to exceed June 30, 2025.
The Letter Agreement provides that Mr. Male’s retirement will be a resignation for “Good Reason” under Mr. Male’s Employment Agreement with the Company, dated as of September 18, 2017, and that Mr. Male will be entitled to the payments and benefits previously provided.
Jeremy joined (then) CBS Outdoor in New York back in September 2013 from JCDecaux where he was in charge of the the U.K. and Northern European businesses (and played a significant part of their successful IPO in 2001).
In September 2014 CBS Outdoor Americas Inc. (NYSE: CBSO) rebranded as Outfront Media Inc.
Follow DailyDOOH