---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-017994"
form_type: "8-K"
ticker: "SGA"
cik: "0000886136"
company_name: "SAGA COMMUNICATIONS INC"
filed_at: "2022-11-16T23:59:59+00:00"
generated_at: "2026-06-21T17:54:18.261553+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Saga Communications names Christopher Forgy as President and CEO effective Dec 7, 2022

## Summary
- Christopher Forgy promoted from SVP Operations to President and CEO, effective Dec 7, 2022.
- Forgy's employment agreement: base salary $670K in year 1, rising to $783K if renewed; bonus up to 100% of base.
- Warren Lada steps down as Interim CEO on Dec 6, 2022 but remains on the Board.
- Wayne Leland promoted to SVP Operations effective Jan 3, 2023; base salary $300K plus up to $35K bonus.
- Forgy is only second CEO in company history, succeeding founder Edward K. Christian who died in August 2022.

## SEC filing metadata
- accession: 0001558370-22-017994
- form_type: 8-K
- ticker: SGA
- cik: 0000886136
- company_name: SAGA COMMUNICATIONS INC
- filed_at: 2022-11-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886136/000155837022017994/0001558370-22-017994-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886136/000155837022017994/sga-20221116x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-017994
- JSON: https://secwatch.observer/filing/0001558370-22-017994.json
- Plain text: https://secwatch.observer/filing/0001558370-22-017994.txt

## Key facts
- Executive change
  Christopher Forgy was appointed as Director at SAGA COMMUNICATIONS INC.
  - Action: appointed
  - Role: Director
  source text: Consequently, effective December 7, 2022, Mr. Forgy will also be appointed as a director of the Company to fill the Board vacancy created by Mr. Christian’s passing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/886136/000155837022017994/0001558370-22-017994-index.htm
- Executive change
  Christopher Forgy changed role as President and Chief Executive Officer at SAGA COMMUNICATIONS INC.
  - Action: promoted
  - Role: President and Chief Executive Officer
  source text: On November 16, 2022, the Company issued a press release announcing the promotion of Christopher Forgy (age 62) to the position of President and Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/886136/000155837022017994/0001558370-22-017994-index.htm

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