Manuel E. Machado Resigns from SBS Board of Directors

Spanish Broadcasting System

Spanish Broadcasting System has announced the resignation of Manuel E. Machado from its board of directors, effective July 10, 2025. The company disclosed the departure in a material change report posted to its investor website, in compliance with its 9.75% senior secured notes due 2026.

According to the filing, Machado stepped down voluntarily to focus on a new business endeavor with his own company. SBS emphasized that his resignation did not stem from any disagreement with the company's operations, policies, or practices. At the time of his resignation, Machado served on both the Audit Committee and Compensation Committee.

Following his departure, the SBS Board now includes Raul Alarcon, Joseph A. Garcia, Jason L. Shrinsky, Jose A. Villamil, and Mitchell A. Yelen.

SBS expressed its appreciation for Machado's many years of dedicated service to the company.

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Manuel E. Machado Resigns from SBS Board of Directors

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Manuel E. Machado Resigns from SBS Board of Directors

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Copyright © 1989-2026 RADIO ONLINE ®

Copyright © 1989-2026 RADIO ONLINE ^®