iHeartMedia, Inc 8-K, filed Mar 16, 2022
iHeartMedia, Inc. (IHRT)
8-K
2022-03-16
For: 2022-03-15
View Original
Added on
April 12, 2026
About this 8-K
iHeartMedia, Inc filed this 8-K on March 16, 2022, reporting on events of March 15, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 15, 2022
(Exact name of registrant as specified in its charter)
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Registrant’s telephone number, including area code: (210 ) 822-2828
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 15, 2022, the Board of Directors (the “Board”) of iHeartMedia, Inc. (the “Company”) elected Samuel E. Englebardt to the Board (the “Effective Date”), for a term ending at the 2023 annual meeting of stockholders of the Company. Mr. Englebardt was also appointed to the Audit Committee and the Compensation Committee of the Board. The Board determined that Mr. Englebardt qualifies as independent under the rules of the Securities and Exchange Commission and The Nasdaq Stock Market, LLC, including with respect to service on the Audit Committee and the Compensation Committee, as well as the Company’s Board of Directors Governance Guidelines.
Mr. Englebardt, 44, has served as a Co-founder and Partner at Galaxy Digital (TSX: GLXY), a technology-driven financial services and investment management firm, since 2018 and the Founding General Partner of Galaxy Interactive, a venture capital franchise focused on companies operating at the intersection of content, finance and technology, since 2018. From 2017 to 2018, Mr. Englebardt was Partner and Managing Director at Galaxy Investment Partners. He is a media and technology investor and content producer who has created, acquired and/or financed a broad range of traditional and digital businesses and dozens of films and television shows over the past decade. Prior to Galaxy Digital, Mr. Englebardt was a Partner and Managing Director at Lambert Media Group (“LMG”) from 2008 to 2016, where managed a portfolio of early-stage media tech venture investments. Before LMG, Mr. Englebardt was a Vice President and Financial Advisor at Alliance Bernstein from 2006 to 2008. Mr. Englebardt earned his J.D. from Harvard Law School and received his B.A. in philosophy and political science from the University of Colorado at Boulder. Mr. Englebardt’s deep experience with digital assets, including the metaverse and web3, is expected to be invaluable to the Board as it expands its digital business.
Mr. Englebardt will be entitled to the standard compensation paid by the Company to all of its non-employee directors as disclosed in the Company’s proxy statement for its 2021 annual meeting of stockholders.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| IHEARTMEDIA, INC. | ||||||||
| Date: March 16, 2022 | By: | /s/ Jordan R. Fasbender | ||||||
| Name: | Jordan R. Fasbender | |||||||
| Title: | Executive Vice President, General Counsel and Secretary | |||||||