CMLSQ · Cumulus Media Inc
$0.00
+0.00 (+0.00%)
At close · Aug 14
Going-concern doubt
— flagged Aug 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“Based on the Company's filing for relief under Chapter 11 of the Bankruptcy Code which constituted an event of default under certain of the Company's debt documents, as well as the uncertainty surrounding such filings, the Company determined that there is substantial doubt as to the Company's ability to continue as a going concern for a period of 12 months following the date of issuance of this Quarterly Report on Form 10-Q.”View the 10-Q filed Aug 14, 2026
Market Cap
$88,340
Shares
17.67M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Mary Berner | President and Chief Executive Officer | $5,479,965 |
| Francisco Lopez-Balboa | Executive Vice President, Chief Financial Officer | $2,985,624 |
| Richard S. Denning | Executive Vice President, Secretary and General Counsel | $1,344,600 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Mary Berner | President and Chief Executive Officer | $6,575,437 |
| Francisco Lopez-Balboa | Executive Vice President, Chief Financial Officer | $3,627,022 |
| Richard S. Denning | Executive Vice President, Secretary and General Counsel | $1,552,787 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Carol Flaton | director | Appointed | 2026-01-15 |
| Joan Hogan Gillman | director | Resigned | 2026-01-15 |
| Steven M. Galbraith | director | Appointed | 2025-01-22 |
| Matthew Blank | director | Resigned | 2025-01-22 |
| Deborah A. Farrington | director | Appointed | 2022-08-22 |