---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-303844"
form_type: "8-K"
ticker: "SALM"
cik: "0001050606"
company_name: "SALEM MEDIA GROUP, INC. /DE/"
filed_at: "2022-12-13T23:59:59+00:00"
generated_at: "2026-06-21T05:09:37.790891+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-303844
- form_type: 8-K
- ticker: SALM
- cik: 0001050606
- company_name: SALEM MEDIA GROUP, INC. /DE/
- filed_at: 2022-12-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050606/000119312522303844/0001193125-22-303844-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050606/000119312522303844/d433397d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-303844
- JSON: https://secwatch.observer/filing/0001193125-22-303844.json
- Plain text: https://secwatch.observer/filing/0001193125-22-303844.txt

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