Cumulus Media Management

Management criteria checks 3/4

Cumulus Media's CEO is Mary Berner, appointed in Oct 2015, has a tenure of 9.17 years. total yearly compensation is $4.52M, comprised of 32.1% salary and 67.9% bonuses, including company stock and options. directly owns 1.61% of the company’s shares, worth $205.20K. The average tenure of the management team and the board of directors is 5.2 years and 6.5 years respectively.

Key information

Mary Berner

Chief executive officer

US$4.5m

Total compensation

CEO salary percentage32.1%
CEO tenure9.2yrs
CEO ownership1.6%
Management average tenure5.2yrs
Board average tenure6.5yrs

Recent management updates

Shareholders May Be Wary Of Increasing Cumulus Media Inc.'s (NASDAQ:CMLS) CEO Compensation Package

Apr 26
Shareholders May Be Wary Of Increasing Cumulus Media Inc.'s (NASDAQ:CMLS) CEO Compensation Package

Recent updates

Cumulus Media Inc. (NASDAQ:CMLS) Analysts Are Pretty Bullish On The Stock After Recent Results

Aug 07
Cumulus Media Inc. (NASDAQ:CMLS) Analysts Are Pretty Bullish On The Stock After Recent Results

Shareholders May Be Wary Of Increasing Cumulus Media Inc.'s (NASDAQ:CMLS) CEO Compensation Package

Apr 26
Shareholders May Be Wary Of Increasing Cumulus Media Inc.'s (NASDAQ:CMLS) CEO Compensation Package

Cumulus Media: A Riddle, Wrapped In A Mystery, Inside An Enigma

Mar 14

Cumulus Media (NASDAQ:CMLS) Seems To Be Using A Lot Of Debt

Feb 06
Cumulus Media (NASDAQ:CMLS) Seems To Be Using A Lot Of Debt

Does Cumulus Media (NASDAQ:CMLS) Have A Healthy Balance Sheet?

Nov 01
Does Cumulus Media (NASDAQ:CMLS) Have A Healthy Balance Sheet?

Cumulus Media (NASDAQ:CMLS) Seems To Be Using A Lot Of Debt

Aug 01
Cumulus Media (NASDAQ:CMLS) Seems To Be Using A Lot Of Debt

Returns On Capital Signal Difficult Times Ahead For Cumulus Media (NASDAQ:CMLS)

Jun 08
Returns On Capital Signal Difficult Times Ahead For Cumulus Media (NASDAQ:CMLS)

When Should You Buy Cumulus Media Inc. (NASDAQ:CMLS)?

Apr 20
When Should You Buy Cumulus Media Inc. (NASDAQ:CMLS)?

Cumulus Media Inc. (NASDAQ:CMLS) Stock's 38% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Mar 24
Cumulus Media Inc. (NASDAQ:CMLS) Stock's 38% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Returns At Cumulus Media (NASDAQ:CMLS) Appear To Be Weighed Down

Mar 01
Returns At Cumulus Media (NASDAQ:CMLS) Appear To Be Weighed Down

Should You Investigate Cumulus Media Inc. (NASDAQ:CMLS) At US$8.90?

Sep 17
Should You Investigate Cumulus Media Inc. (NASDAQ:CMLS) At US$8.90?

Slowing Rates Of Return At Cumulus Media (NASDAQ:CMLS) Leave Little Room For Excitement

Aug 13
Slowing Rates Of Return At Cumulus Media (NASDAQ:CMLS) Leave Little Room For Excitement

Cumulus Media Q2 2022 Earnings Preview

Aug 02

Cumulus Media: A Strong Buy At Current Prices

Jul 06

CDL: Solid Quality, But Not Impressive Dividend Growth, Questionable Performance

Apr 19

Cumulus Media (NASDAQ:CMLS) Takes On Some Risk With Its Use Of Debt

Dec 21
Cumulus Media (NASDAQ:CMLS) Takes On Some Risk With Its Use Of Debt

Returns On Capital At Cumulus Media (NASDAQ:CMLS) Paint A Concerning Picture

Jun 22
Returns On Capital At Cumulus Media (NASDAQ:CMLS) Paint A Concerning Picture

Cumulus Media initiates debt reduction by commencing $175M debt paydown

May 26

Cumulus Media EPS beats by $0.81, beats on revenue

May 05

Cumulus Media (NASDAQ:CMLS) Has No Shortage Of Debt

Apr 29
Cumulus Media (NASDAQ:CMLS) Has No Shortage Of Debt

Should You Be Worried About Cumulus Media's (NASDAQ:CMLS) Returns On Capital?

Mar 12
Should You Be Worried About Cumulus Media's (NASDAQ:CMLS) Returns On Capital?

CEO Compensation Analysis

How has Mary Berner's remuneration changed compared to Cumulus Media's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$150m

Jun 30 2024n/an/a

-US$137m

Mar 31 2024n/an/a

-US$111m

Dec 31 2023US$5mUS$1m

-US$118m

Sep 30 2023n/an/a

-US$20m

Jun 30 2023n/an/a

-US$14m

Mar 31 2023n/an/a

-US$4m

Dec 31 2022US$5mUS$1m

US$16m

Sep 30 2022n/an/a

US$34m

Jun 30 2022n/an/a

US$53m

Mar 31 2022n/an/a

US$38m

Dec 31 2021US$7mUS$1m

US$17m

Sep 30 2021n/an/a

-US$609k

Jun 30 2021n/an/a

-US$44m

Mar 31 2021n/an/a

-US$74m

Dec 31 2020US$3mUS$1m

-US$60m

Sep 30 2020n/an/a

-US$58m

Jun 30 2020n/an/a

-US$26m

Mar 31 2020n/an/a

US$53m

Dec 31 2019US$4mUS$1m

US$61m

Sep 30 2019n/an/a

US$103m

Jun 30 2019n/an/a

US$100m

Mar 31 2019n/an/a

US$763m

Dec 31 2018US$7mUS$1m

US$758m

Sep 30 2018n/an/a

US$508m

Jun 30 2018n/an/a

US$496m

Mar 31 2018n/an/a

-US$204m

Dec 31 2017US$5mUS$1m

-US$207m

Compensation vs Market: Mary's total compensation ($USD4.52M) is above average for companies of similar size in the US market ($USD654.40K).

Compensation vs Earnings: Mary's compensation has been consistent with company performance over the past year.


CEO

Mary Berner (65 yo)

9.2yrs

Tenure

US$4,523,596

Compensation

Ms. Mary G. Berner has been Chief Executive Officer of Cumulus Media Inc. since October 13, 2015 and has been its President since March 30, 2016. Ms. Berner serves as an Executive of Jane Magazine, Inc. Sh...


Leadership Team

NamePositionTenureCompensationOwnership
Mary Berner
President9.2yrsUS$4.52m1.61%
$ 205.2k
Francisco Lopez-Balboa
Executive VP4.8yrsUS$2.42m0.65%
$ 82.5k
Richard Denning
Executive VPno dataUS$1.12m0.37%
$ 46.9k
Dave Milner
President of Operationsno datano data0.41%
$ 52.8k
Robert Walker
President of Operationsno datano data0.46%
$ 58.1k
Conrad Trautmann
Chief Technology Officerno datano datano data
Collin Jones
Executive VP of Corporate Strategy & Development and President of Westwood Oneno datano data0.62%
$ 78.8k
Christina Albee
Chief Marketing Officerno datano datano data
Kriston Aitken
Chief Human Resources Officerless than a yearno datano data
Suzanne Grimes
Executive Vice President of Corporate Marketing8.9yrsUS$996.46kno data
Brian Philips
Chief Content Officer5.6yrsno datano data
Douglas Cohn
Senior Vice President of Music3.3yrsno datano data

5.2yrs

Average Tenure

63yo

Average Age

Experienced Management: CMLS's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mary Berner
President9.6yrsUS$4.52m1.61%
$ 205.2k
Andrew Hobson
Independent Chairman of the Board6.5yrsUS$345.49k0.78%
$ 98.9k
Deborah Farrington
Independent Director2.3yrsUS$200.00k0.20%
$ 25.3k
Thomas Castro
Independent Director6.5yrsUS$200.00k0.43%
$ 54.3k
Matthew Blank
Independent Director6.5yrsUS$200.00k0.43%
$ 54.3k
Brian Kushner
Independent Director6.5yrsUS$225.00k0.43%
$ 54.3k
Joan Gillman
Independent Director6.5yrsUS$215.00k0.43%
$ 54.3k

6.5yrs

Average Tenure

65yo

Average Age

Experienced Board: CMLS's board of directors are considered experienced (6.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 16:19
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Cumulus Media Inc. is covered by 12 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward WooAscendiant Capital Markets LLC
James GossBarrington Research Associates, Inc.
Daniel DayB. Riley Securities, Inc.