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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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Nielsen Report: Radio Reaches 92% of U.S. Adults
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NAB's Rick Kaplan to Depart at End of 2026
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Triton Digital Integrates Datonics Audience Data
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CRB Opens Applications for Rusty Walker Scholarship
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Urban One Sets Third Quarter Earnings Call for Nov. 10
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Urban One has scheduled a conference call for Tuesday, November 10, 2026, at 10am ET to discuss its financial results for the third quarter of 2026. The call will be open to investors, analysts and other interested parties. U.S. participants can dial toll-free 888-596-4144, while More

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