secwatch / observer
8-K filed May 2, 2024, 7:59 PM ET ticker CMLS CIK 0001058623
other material confidence high sentiment negative materiality 0.15

Cumulus Media say-on-pay fails; all directors elected despite high withhold votes

CUMULUS MEDIA INC

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CUMULUS MEDIA INC shareholders rejected Proposal to approve, on an advisory basis, the compensation paid to the Company’s named executive officers at the 2024-05-02 meeting.

Proposal
say on pay
Outcome
failed
Meeting
2024-05-02
Exact text from the filing
Proposal No. 2 (Proposal to approve, on an advisory basis, the compensation paid to the Company’s named executive officers): Votes For Votes Against Abstain Broker Non-Votes 3,635,051 6,742,340 16,645 4,012,568 As a result of the foregoing, the proposal to approve, on an advisory basis, the compensation paid to the Company’s named executive officers was not approved.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CUMULUS MEDIA INC shareholders approved Election of Directors at the 2024-05-02 meeting.

Proposal
director election
Outcome
passed
Meeting
2024-05-02
Exact text from the filing
Proposal No. 1 (Election of Directors): Nominee Votes For Votes Withheld Broker Non-Votes Mary G. Berner 4,916,602 5,477,434 4,012,568 Matthew C. Blank 6,719,044 3,674,992 4,012,568 Thomas H. Castro 4,916,881 5,477,155 4,012,568 Deborah A. Farrington 6,880,600 3,513,436 4,012,568 Joan Hogan Gillman 6,701,509 3,692,527 4,012,568 Andrew W. Hobson 7,972,878 2,421,158 4,012,568 Brian G. Kushner 6,884,184 3,509,852 4,012,568 As a result of the foregoing vote, each of the seven listed nominees were elected to serve as directors of the Company until the Company’s next annual meeting of stockholders and until their successors are elected and qualified.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CUMULUS MEDIA INC shareholders approved Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2024 at the 2024-05-02 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2024-05-02
Exact text from the filing
Proposal No. 3 (Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2024): Votes For Votes Against Abstain 14,185,712 6,716 214,176 As a result of the foregoing, the proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2024 was approved.
View on SEC.gov

352 shareholder votes filed in the last 30 days. Browse all shareholder votes →

CUMULUS MEDIA INC filing history →

Source: SEC EDGAR
accession 0001058623-24-000069
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.