Salem Media enters new employment agreements with President Broadcast Media and CFO

SALEM MEDIA GROUP, INC. /DE/

E. Allen Power named President Broadcast Media; base salary $390k (2023), $399,750 (2024), $409,743.75 (2025); quarterly bonuses tied to Broadcast NOR and SOI targets.
Evan D. Masyr continues as EVP & CFO; base salary $500k (2023), $510k (2024), $520k (2025); eligibility for annual merit bonus and change-of-control accelerated vesting.
Both agreements are at-will; severance of six months' base salary if terminated without cause.
Power's non-compete restricted to Atlanta metro survey area for six months post-termination.
Masyr's agreement includes automatic two-year fixed term upon anticipated change of control and good faith negotiation for compensation adjustments.

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