Cumulus Media Appoints Carol Flaton to Board of Directors

Core Insights - Cumulus Media Inc. has appointed Carol Flaton to its Board of Directors, effective January 15, 2026, following the resignation of Joan Hogan Gillman [1][2] Group 1: Board Changes - Carol Flaton brings over three decades of experience in financial services and governance, enhancing the Board's capabilities as the company executes its strategy [2] - Joan Hogan Gillman served on the Board for eight years, contributing valuable insights that will benefit the company beyond her tenure [2] Group 2: Carol Flaton's Background - Flaton has held senior leadership roles in financial advisory, investment banking, and risk management, including positions at AlixPartners and Lazard [2] - She currently serves on multiple public and private company boards, including as an independent director of QVC Group, Inc., where she is involved in the Audit and Compensation Committees [2][3] Group 3: Company Overview - Cumulus Media is an audio-first media company reaching a quarter billion people monthly through 395 owned-and-operated radio stations across 84 markets [4] - The company provides a variety of programming, including nationally-syndicated sports, news, talk, and entertainment, and operates the Cumulus Podcast Network [4] - Cumulus Media offers advertisers a range of services, including digital marketing, audio solutions, and live event experiences [4]