• by Fern Siegel , October 20, 2008

Westwood One has announced an executive shuffle of top management.

The company, which serves more than 5,000 radio and TV stations in the U.S., has reorganized leaders for two key units: the radio network and the Metro Networks Traffic Division.

Rod Sherwood has been tapped as Westwood One president. He joined the company in September as CFO and will continue in that post. Gary Schonfeld is now president, Network Division, and Steve Kalin was named president, Metro Networks Traffic Division.

"These management changes were made to create clear lines of authority and responsibility to drive performance," said Mark Stone, vice chairman of Westwood One, and senior managing director and president, operations, of the Gores Group.

Prior to joining Westwood One, Sherwood served as CFO of the Gores Group, a Los Angeles-based private-equity firm. Schonfeld co-founded radio network MediaAmerica in 1987 and served as its president until 1998, when it was acquired by the Jones Media Group. He then became president of JonesMediaAmerica, a company he headed until 2008, when Triton Radio bought it out.

Kalin is also new to Westwood One, joining in July as COO. Previously, he spent 20 years in the media industry, serving in operations in both traditional and digital capacities.

Tom Beusse, Westwood One's current president and CEO, resigned his position to pursue other opportunities.