Cumulus Media Appoints Deborah Farrington to Board

RADIO ONLINE | Monday, August 22, 2022

Deborah Farrington

Cumulus Media appoints StarVest Partners Co-Founder and Managing Partner Deborah Farrington to its board of directors. StarVest is one of the largest women majority-owned venture capital firms. In addition, she is a director of NCR Inc., Ceridian HCM Holdings and RedBall Acquisition Corp. and has chaired all major board committees. Formerly, Farrington was lead director of NetSuite prior to its acquisition by Oracle in 2016. She has been named multiple times to the Forbes Midas List of Top 100 Venture Capitalists.

"Deborah is a highly respected and accomplished venture capital pioneer and experienced board member of Fortune 500 and leading public technology companies," said Cumulus President/CEO Mary G. Berner. "As such, Deborah brings valuable strategic insights that will support the execution of our audio-first strategy and nicely complement our existing board expertise. We are confident that Deborah's proven business acumen will be a great asset in the boardroom as we build on the strong results that our business plan has delivered to date. We are thrilled to welcome her to our board of directors."

"I am honored to join the Cumulus Media board at such an exciting time for the Company," added Farrington. "Cumulus offers a highly attractive experience for both listeners and advertisers, and I have been particularly impressed by the rapid expansion of its digital businesses. I am looking forward to working with my fellow board members and the management team to drive further growth and long-term value for Cumulus shareholders."