Tim Martz is president and CEO of Martz Communications Group (MCG), a privately owned radio broadcasting company based in San Francisco, Calif. MCG is the umbrella organization for a number of companies owned by Tim, a veteran radio broadcaster who has owned radio stations for more than 25 years.
Historically, the company's strategy has been to purchase underperforming stations in small markets, increase power and move the stations to larger markets. Tim has owned and operated more than 25 radio stations. Most of these stations were sold at strategic times to maximize profitability.
After the sale of six more stations three years ago, Tim currently operates seven radio stations and owns licenses for seven additional stations. Those currently operating are based in Detroit, Pittsburgh and Montreal. The most successful one is WYUL-FM (94.7 HITS), Montreal's #1 Hit Music Station.
Over a year ago, Tim began buying licenses for low-power FM radio stations outside of major markets including Chicago, Minneapolis, Milwaukee, Memphis, Kansas City, Dallas/Ft. Worth as well as Detroit and Pittsburgh. The company is in the process of moving each of the stations into these cities.
A native of Canada, Tim has a B.A. in business from McGill University in Montreal and his MBA from Northwestern University in Evanston, Ill. A financial manager by training, he ran mergers and acquisitions programs for a number of larger corporations including Cleveland-based Eaton Corporation. He currently resides in San Francisco.