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Cumulus Media Inc
Officers & Directors
Andrew W. Hobson Director Matthew C. Blank Director Mary G. Berner President, Chief Executive Officer - (Principal Executive Officer) and Director Atlanta, Georgia Francisco J. Lopez-Balboa Executive Vice President, Chief Financial Officer - (Principal Accounting and Financial Officer) Deborah Farrington Director Thomas H. Castro Director Brian G. Kushner Director Joan Hogan Gillman Director ,
Cumulus Media Inc currently has 2862 employees.
News about Cumulus Media Inc Key Personnel |
In a strategic move aimed at reviving its podcasting business operations, Cumulus Media Inc has announced significant leadership changes within its podcast network. The appointment of Carolyn Chauncey as the new Senior Vice President of Marketing and Podcasting reflects the company s determination to regain its footing in the highly competitive podcast content market. This decision comes as Cumulus Media Inc faces a critical financial situation, recording a staggering cumulative net loss of $-137 million in the 12-month period ending in the second quarter of 2024.
The negative return on equity (ROE) of -46.17% highlights the urgent need for Cumulus Media Inc to review its business strategies a...
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Cumulus Media Completes Exchange Offer and Consent Solicitation, Share Price Plunges by 44.67% in 90 Days
ATLANTA, May 02, 2024 - Cumulus Media Inc. (NASDAQ: CMLS), a leading broadcasting media company, announced today the expiration and final results of the exchange offer and consent solicitation undertaken by its subsidiary, Cumulus Media New Holdings Inc. The offer aimed to exchange all outstanding 6.750% Senior Secured First-Lien Notes due 2026, known as the Old Notes, for new 8.000% Senior Secured First-Lien Notes due 2029, referred to as the New Notes. The exchange was subject to terms and conditions outlined in the confidential offering memorandum and consent solicitation statement, issued on Febr...
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Cumulus Media Appoints Collin Jones as President of Westwood One, Boosting America s Top Audio Network
ATLANTA, Dec. 04, 2023 - Cumulus Media (NASDAQ: CMLS) has recently made an exciting announcement, appointing Collin Jones as the new President of Westwood One. Effective from January 1, 2024, Jones will be responsible for overseeing Westwood One, the largest audio network in America, as well as the highly acclaimed Cumulus Podcast Network. This strategic move aims to strengthen the Cumulus Media brand and further expand their market presence.
Jones, who currently serves as the EVP of Corporate Strategy and Development for Cumulus Media, is a highly respected industry professional. With an impressive...
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