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Cumulus Media Inks Suzanne Grimes to New Deal


Suzanne Grimes
Suzanne Grimes

According to an 8K filing with the SEC, Cumulus Media inks Suzanne Grimes, the company's Executive Vice President of Corporate Marketing and President of Westwood One division, to an amended employment deal. Effective February 1, the initial term of the Grimes' agreement has been extended through July 31, 2020, and her salary will increase to $650,000 per year on July 3. The amendment also establishes her target bonus at $500,000 for calendar year 2018.

In addition, under certain performance goal conditions, Grimes will be eligible to receive an additional annual bonus in a target amount of 20% of her base salary, with the target bonus being $65,000 for calendar year 2018. Finally, she's eligible to receive an annual award of stock options or restricted shares, granted by the company's CEO and Compensation Committee.

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Latest Radio Stories

Will Calder Named Beasley Tampa Operations Manager
Will Calder
Will Calder
Beasley Media Group has appointed veteran programmer Will Calder as Operations Manager for its Tampa radio cluster, effective June 11. In the newly expanded role, Calder will oversee programming and brand strategy for Beasley Tampa's portfolio, including WLLD-FM (WiLD 94.1), WQYK-FM (99.5 QYK), WRBQ-FM More

iHeartMedia Named Official Media Partner of NXXT Golf
iHeartMedia and NXXT Golf
iHeartMedia and NXXT Golf
iHeartMedia and NXXT Golf have announced a major sponsorship agreement naming iHeartMedia the Official Media Partner of NXXT Golf, a deal the organizations describe as one of the largest audio sponsorship commitments ever made to women's and junior competitive golf. Under the partnership, iHeartMedia More

Christy Brittain Joins WBBB/Raleigh for Afternoons
Christy Brittain
Christy Brittain
96.1 WBBB/Raleigh-Durham has named veteran broadcaster Christy Brittain as its new afternoon personality, adding a familiar voice with deep North Carolina radio roots to the station's on-air lineup. A Tennessee native, Brittain began her radio career at age 17 and has since worked in several markets More
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103.5 The Beat Unveils New Weekday Lineup
Hip Hop WMIB-FM (103.5 The Beat)/Miami will launch a revamped weekday lineup beginning June 29, featuring a mix of local talent and nationally recognized personalities across afternoons, evenings and nights. The new schedule will feature DJ Entice in afternoons from 2-6pm, followed by the debut of More

WIRK Renews Tim Leary & Chelsea Eaton for Mornings
Tim Leary & Chelsea Eaton
Tim Leary & Chelsea Eaton
Hubbard Radio West Palm Beach has renewed morning show hosts Tim Leary and Chelsea Eaton, keeping the duo in place on WIRK-FM (New Country 103.1) as they continue to anchor the station's weekday morning program. "Tim and Chelsea are the heartbeat of New Country 103.1," said Grover Collins, Brand & More

Kim Bindel Joins WGTS Mornings in Washington DC
Kim Bindel
Kim Bindel
Christian Contemporary WGTS (91.9) Washington, DC has named veteran broadcaster Kim Bindel as the new co-host of its morning show alongside Jerry Woods. Bindel will succeed Summer Shepherd, who moved to afternoons in April. Claude Jennings, who has been serving as interim co-host, will return to his regular More

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