secwatch.observer — SEC 8-K summary
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Issuer:     SALEM MEDIA GROUP, INC. /DE/ (SALM)
CIK:        0001050606
Form:       8-K
Filed at:   2021-12-20T23:59:59+00:00
Accession:  0001193125-21-362574
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Salem Media Group names David Santrella CEO, David Evans COO; Atsinger becomes Executive Chairman
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050606/000119312521362574/0001193125-21-362574-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050606/000119312521362574/d274105d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-362574

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer