Salem Pres./COO Dr. Frank Wright Won't Stand For Re-Election To Company Board
March 7, 2014 at 3:58 AM (PT)
SALEM COMMUNICATIONS CORP. has informed the SEC that Pres./COO Dr. FRANK WRIGHT will not stand for re-election as a director of the company at the MAY 2014 annual shareholders' meeting.
WRIGHT's decision, the company said in an 8-K filing, "is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices." WRIGHT will serve the remainder of his term on the board until the term expires with the election of directors at the annual meeting.