Cumulus Media Management
Management criteria checks 3/4
Cumulus Media's CEO is Mary Berner, appointed in Oct 2015, has a tenure of 9.08 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 $210.50K. The average tenure of the management team and the board of directors is 5.1 years and 6.4 years respectively.
Key information
Mary Berner
Chief executive officer
US$4.5m
Total compensation
| CEO salary percentage | 32.1% |
| CEO tenure | 9.1yrs |
| CEO ownership | 1.6% |
| Management average tenure | 5.1yrs |
| Board average tenure | 6.4yrs |
Recent management updates
Recent updates
Cumulus Media Inc. (NASDAQ:CMLS) Analysts Are Pretty Bullish On The Stock After Recent Results
Aug 07
Shareholders May Be Wary Of Increasing Cumulus Media Inc.'s (NASDAQ:CMLS) CEO Compensation Package
Apr 26Cumulus Media: A Riddle, Wrapped In A Mystery, Inside An Enigma
Mar 14Cumulus Media (NASDAQ:CMLS) Seems To Be Using A Lot Of Debt
Feb 06Does Cumulus Media (NASDAQ:CMLS) Have A Healthy Balance Sheet?
Nov 01Cumulus Media (NASDAQ:CMLS) Seems To Be Using A Lot Of Debt
Aug 01Returns On Capital Signal Difficult Times Ahead For Cumulus Media (NASDAQ:CMLS)
Jun 08When Should You Buy Cumulus Media Inc. (NASDAQ:CMLS)?
Apr 20Cumulus Media Inc. (NASDAQ:CMLS) Stock's 38% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Mar 24Returns At Cumulus Media (NASDAQ:CMLS) Appear To Be Weighed Down
Mar 01Should You Investigate Cumulus Media Inc. (NASDAQ:CMLS) At US$8.90?
Sep 17Slowing Rates Of Return At Cumulus Media (NASDAQ:CMLS) Leave Little Room For Excitement
Aug 13Cumulus Media Q2 2022 Earnings Preview
Aug 02Cumulus Media: A Strong Buy At Current Prices
Jul 06CDL: Solid Quality, But Not Impressive Dividend Growth, Questionable Performance
Apr 19Cumulus Media (NASDAQ:CMLS) Takes On Some Risk With Its Use Of Debt
Dec 21Returns On Capital At Cumulus Media (NASDAQ:CMLS) Paint A Concerning Picture
Jun 22Cumulus Media initiates debt reduction by commencing $175M debt paydown
May 26Cumulus Media EPS beats by $0.81, beats on revenue
May 05Cumulus Media (NASDAQ:CMLS) Has No Shortage Of Debt
Apr 29Should You Be Worried About Cumulus Media's (NASDAQ:CMLS) Returns On Capital?
Mar 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$150m |
| Jun 30 2024 | n/a | n/a | -US$137m |
| Mar 31 2024 | n/a | n/a | -US$111m |
| Dec 31 2023 | US$5m | US$1m | -US$118m |
| Sep 30 2023 | n/a | n/a | -US$20m |
| Jun 30 2023 | n/a | n/a | -US$14m |
| Mar 31 2023 | n/a | n/a | -US$4m |
| Dec 31 2022 | US$5m | US$1m | US$16m |
| Sep 30 2022 | n/a | n/a | US$34m |
| Jun 30 2022 | n/a | n/a | US$53m |
| Mar 31 2022 | n/a | n/a | US$38m |
| Dec 31 2021 | US$7m | US$1m | US$17m |
| Sep 30 2021 | n/a | n/a | -US$609k |
| Jun 30 2021 | n/a | n/a | -US$44m |
| Mar 31 2021 | n/a | n/a | -US$74m |
| Dec 31 2020 | US$3m | US$1m | -US$60m |
| Sep 30 2020 | n/a | n/a | -US$58m |
| Jun 30 2020 | n/a | n/a | -US$26m |
| Mar 31 2020 | n/a | n/a | US$53m |
| Dec 31 2019 | US$4m | US$1m | US$61m |
| Sep 30 2019 | n/a | n/a | US$103m |
| Jun 30 2019 | n/a | n/a | US$100m |
| Mar 31 2019 | n/a | n/a | US$763m |
| Dec 31 2018 | US$7m | US$1m | US$758m |
| Sep 30 2018 | n/a | n/a | US$508m |
| Jun 30 2018 | n/a | n/a | US$496m |
| Mar 31 2018 | n/a | n/a | -US$204m |
| Dec 31 2017 | US$5m | US$1m | -US$207m |
Compensation vs Market: Mary's total compensation ($USD4.52M) is above average for companies of similar size in the US market ($USD652.28K).
Compensation vs Earnings: Mary's compensation has been consistent with company performance over the past year.
CEO
Mary Berner (65 yo)
9.1yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.1yrs | US$4.52m | 1.61% $ 210.5k | |
| Executive VP | 4.7yrs | US$2.42m | 0.65% $ 84.7k | |
| Executive VP | no data | US$1.12m | 0.37% $ 48.1k | |
| President of Operations | no data | no data | 0.41% $ 54.1k | |
| President of Operations | no data | no data | 0.46% $ 59.6k | |
| Chief Technology Officer | no data | no data | no data | |
| Executive VP of Corporate Strategy & Development and President of Westwood One | no data | no data | 0.62% $ 80.9k | |
| Chief Marketing Officer | no data | no data | no data | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| Executive Vice President of Corporate Marketing | 8.8yrs | US$996.46k | 0.30% $ 39.5k | |
| Chief Content Officer | 5.5yrs | no data | no data | |
| Senior Vice President of Music | 3.2yrs | no data | no data |
5.1yrs
Average Tenure
63yo
Average Age
Experienced Management: CMLS's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.5yrs | US$4.52m | 1.61% $ 210.5k | |
| Independent Chairman of the Board | 6.4yrs | US$345.49k | 0.78% $ 101.4k | |
| Independent Director | 2.3yrs | US$200.00k | 0.20% $ 26.0k | |
| Independent Director | 6.4yrs | US$200.00k | 0.43% $ 55.7k | |
| Independent Director | 6.4yrs | US$200.00k | 0.43% $ 55.7k | |
| Independent Director | 6.4yrs | US$225.00k | 0.43% $ 55.7k | |
| Independent Director | 6.4yrs | US$215.00k | 0.43% $ 55.7k |
6.4yrs
Average Tenure
65yo
Average Age
Experienced Board: CMLS's board of directors are considered experienced (6.4 years average tenure).