Arbitron Execs Get Whacked by Nielsen
As Nielsen begins to implement $20 million in cost synergies CEO David Calhoun said would be part of the Arbitron purchase, Sean Creamer (pictured) and Debra Delman are out. Creamer, the former CEO of Arbitron and Delman the former CFO. No need to worry about either as both Creamer and Delman should have plenty of gas and grocery money for a few months. Creamer and Delman were both promised millions if Nielsen decided to cut them loose after the sale. Creamer will get nearly $7 million and Delman nearly $2 million. Nielsen closed on the $1.26 Billion purchase of the radio ratings company on Monday and quickly changed the name to Nielsen Audio. Nielsen officials did not return calls or e-mails Tuesday regarding any former Arbitron employees on the chopping block.
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