Cumulus Media appoints top shareholder Steven Galbraith to board after Blank resigns

CUMULUS MEDIA INC

Matthew Blank resigned from board effective Jan 22, 2025, will serve as consultant for 18 months.
Steven Galbraith appointed as director; he is a top shareholder via Kindred Capital Advisors.
Galbraith brings investment management background including CIO at Morgan Stanley.
Galbraith meets Nasdaq independence standards; term runs until 2025 annual meeting.
Compensation for Galbraith will be consistent with other non-employee directors on prorated basis.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Matthew Blank

director

CMLS · CUMULUS MEDIA INC

Effective: 2025-01-22
Successor: Steven M. Galbraith
Filed: January 22, 2025, 6:59 PM ET

On January 22, 2025, Matthew Blank notified the Board of Directors (the “Board”) of Cumulus Media Inc. (the “Company”) that he has decided to resign from the Board to devote more time to his other commitments, effective as of January 22, 2025.

Appointed

Steven M. Galbraith

director

CMLS · CUMULUS MEDIA INC

Effective: 2025-01-22
Filed: January 22, 2025, 6:59 PM ET

the Board, upon the recommendation of the Nominating and Governance Committee of the Board, appointed Steven M. Galbraith to serve as a director, effective January 22, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Matthew Blank resigned as director at CUMULUS MEDIA INC.

Action: resigned
Role: director

Exact text from the filing

On January 22, 2025, Matthew Blank notified the Board of Directors (the “Board”) of Cumulus Media Inc. (the “Company”) that he has decided to resign from the Board to devote more time to his other commitments, effective as of January 22, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Steven M. Galbraith was appointed as director at CUMULUS MEDIA INC.

Action: appointed
Role: director

Exact text from the filing

the Board, upon the recommendation of the Nominating and Governance Committee of the Board, appointed Steven M. Galbraith to serve as a director, effective January 22, 2025.

View on SEC.gov

CUMULUS MEDIA INC filing history →

Source: SEC EDGAR

accession 0001058623-25-000004

view filing index on sec.gov

view primary document

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.