New Three Year Deal For Ed Atsinger At Salem
June 9, 2010 at 4:31 AM (PT)
SALEM COMMUNICATIONS has disclosed in a Form 8-K filing with the SEC that it has signed a new employment agreement with CEO ED ATSINGER. ATSINGER's present deal expires on JUNE 30th, and the new deal will take his employment out to JUNE 30, 2013.
ATSINGER will make a base salary of $855,000 in the first year of the contract, $875,000 in the second year and $900,000 in the third year, plus merit bonuses and additional benefits.