---
schema_version: "secwatch.filing_event.v1"
accession: "0001058623-25-000004"
form_type: "8-K"
ticker: "CMLS"
cik: "0001058623"
company_name: "CUMULUS MEDIA INC"
filed_at: "2025-01-22T23:59:59+00:00"
generated_at: "2026-05-27T18:18:21.637276+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001058623-25-000004
- form_type: 8-K
- ticker: CMLS
- cik: 0001058623
- company_name: CUMULUS MEDIA INC
- filed_at: 2025-01-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058623/000105862325000004/0001058623-25-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058623/000105862325000004/cmls-20250122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001058623-25-000004
- JSON: https://secwatch.observer/filing/0001058623-25-000004.json
- Plain text: https://secwatch.observer/filing/0001058623-25-000004.txt

## Key facts
- Executive change
  Matthew Blank resigned as director at CUMULUS MEDIA INC.
  - Action: resigned
  - Role: director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058623/000105862325000004/0001058623-25-000004-index.htm
- Executive change
  Steven M. Galbraith was appointed as director at CUMULUS MEDIA INC.
  - Action: appointed
  - Role: director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058623/000105862325000004/0001058623-25-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.