8-K
filed December 20, 2021, 6:59 PM ET
ticker SALM
CIK 0001050606
leadership
confidence high
sentiment positive
materiality 0.75
Salem Media Group names David Santrella CEO, David Evans COO; Atsinger becomes Executive Chairman
SALEM MEDIA GROUP, INC. /DE/
- Edward Atsinger III transitions from CEO to Executive Chairman effective Jan 2, 2022; annual salary $1M.
- David Santrella promoted to CEO (was President of Broadcast Media); base salary $661k in 2022, escalating.
- David Evans promoted to COO (was President of Digital Media and Publishing); base salary $661k plus performance incentives.
- Stuart Epperson Sr. resigns as Chairman, becomes Chairman Emeritus (observer); Stuart Epperson Jr. joins Board.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Edward G. Atsinger III changed role as Executive Chairman at SALEM MEDIA GROUP, INC. /DE/.
- Action
- transitioned
- Role
- Executive Chairman
Exact text from the filing
Effective January 2, 2022, Edward G. Atsinger III, the Company’s current Chief Executive Officer, will transition to the newly created role of Executive Chairman of the Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
David Santrella was appointed as Chief Executive Officer at SALEM MEDIA GROUP, INC. /DE/.
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
the Company announced the appointment of David Santrella as Chief Executive Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.9
Stuart W. Epperson, Jr. was appointed as Director at SALEM MEDIA GROUP, INC. /DE/.
- Action
- appointed
- Role
- Director
Exact text from the filing
Stuart W. Epperson, Jr. will join the Board, filling the vacancy created by Mr. Epperson, Sr.’s resignation.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
David Evans was appointed as Chief Operating Officer at SALEM MEDIA GROUP, INC. /DE/.
- Action
- appointed
- Role
- Chief Operating Officer
Exact text from the filing
and David Evans as Chief Operating Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.9
Stuart W. Epperson, Sr. resigned as Chairman of the Board at SALEM MEDIA GROUP, INC. /DE/.
- Action
- resigned
- Role
- Chairman of the Board
Exact text from the filing
Stuart W. Epperson, Sr., the Company’s current Chairman of the Board, will resign from the Board and transition to the position of Chairman Emeritus.
View on SEC.gov
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