Arthur J. Reimers To Exit Cumulus Board
March 6, 2014 at 4:02 AM (PT)
CUMULUS MEDIA INC. has informed the FCC that ARTHUR J. REIMERS will retire as a director at the end of his term, coinciding with the annual stockholders' meeting this year.
REMIERS is one of investment group CRESTVIEW RADIO INVESTORS, LLC's designated CUMULUS board members. He has advised the company that he will step down "due to his increasing other professional and philanthropic responsibilities"; CRESTVIEW plans to pick a replacement designee before the proxy statement for the stockholders' meeting is filed.