Stu Olds to Receive Lowry Mays Excellence in Broadcasting Award.
February 22, 2011
Former Katz Media President and CEO will be the recipient of this year’s Lowry Mays Excellence in Broadcasting Award. The Award will be presented posthumously at the Broadcasters Foundation of America Breakfast on April 13, at the Wynn Hotel in Las Vegas, in conjunction with the National Association of Broadcasters (NAB) Show. Radio Ink Publisher Eric Rhoads says "we're all missing Stu, not only because of our friendships but his deep contributions to the industry. Honoring Stu is a great idea."
Olds had an extraordinary 33-year career, guiding the nation’s largest media representation firm and shaping the current radio industry environment. He oversaw operations for all Katz Media Group companies, including Katz Radio Group, Clear Channel Radio Sales, Katz Television Group, Katz Marketing Solutions, and Katz 360 Digital Sales. He passed away in December 2010 after battling Myelodysplastic syndrome, a type of leukemia. Olds served on many charitable foundations and industry organizations, including Vice Chairman of the Broadcasters Foundation of America Board, honorary trustee of AWRT/Alliance For Women In Media Foundation, and a board member of the Radio Advertising Bureau and the Bayliss Foundation.
Olds joined Katz Radio’s Chicago office in 1977. He was named a Vice President of the Katz Radio division in 1981 and appointed to Vice President, Manager of the Katz Radio Group Network in 1984. He assumed the Presidency of Katz Radio in 1987, was named Executive Vice President of the Katz Radio Group in 1990, and was promoted to President of the division four years later. He is survived by his wife, four daughters, and two grandchildren.
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