Brief: Salem Media Group Shrinks Board To Reduce Costs

Salem Media

17/09/2019 20:17

Salem Media Group Inc  SALM.O :
    * SALEM MEDIA GROUP SHRINKS BOARD TO REDUCE COSTS
    * SALEM MEDIA - RESIGNATION OF BOARD MEMBERS JAMES KEET
LEWIS,
JONATHAN VENVERLOH, STUART W. EPPERSON JR., AND EDWARD C.
ATSINGER FROM ITS BOARD
    * SALEM MEDIA GROUP INC - DURING LAST FEW YEARS, SALEM HAS
FACED
SEVERAL UNIQUE FINANCIAL HEADWINDS
    * SALEM MEDIA GROUP INC - LOOKING FOR WAYS TO CUT COSTS
WHILE NOT
IMPACTING REVENUE
    * SALEM MEDIA GROUP - RESIGNING BOARD MEMBERS AGREED THAT
REDUCTION IN BOARD FEES & TRAVEL COSTS WOULD HELP IMPROVE BOTTOM
LINE

Source text for Eikon:  ID:nBw6cG8fNa 
Further company coverage:  SALM.O