Cumulus Appoints Top Shareholder Steven Galbraith to Board
Cumulus Media Inc. appoints of Steven M. Galbraith to its Board of Directors. Board chairman Andrew W. Hobson states, “We are thrilled to welcome Steve to our board. As a longtime shareholder in the Company, Steve has demonstrated a deep commitment to the Company’s success. His impressive investment management background and expertise complement the diverse strengths and wide-ranging capabilities of our existing board, and we are excited to leverage his vision and insights to drive growth and capitalize on new opportunities.” Galbraith is currently a managing member of Kindred Capital Advisors LLC, and is among the largest shareholders of Cumulus through his personal holdings and those held through Kindred.