Cumulus Media Inc. CEO, Lew Dickey, Named Radio Executive of the Year.Business Editors ATLANTA--(BUSINESS WIRE)--Jan. 8, 2003 Cumulus Media Cumulus Media, Inc. (also known as Cumulus Broadcasting) NASDAQ: CMLS is a large owner of radio stations in markets in the United States with 307 stations in 61 markets as of December 31, 2005. Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CMLS CMLS Central Minnesota Legal Services CMLS Chemical Movement in Layered Soils CMLS Centralized Mail List Services (GSA) CMLS Contractor Maintenance & Logistics Support ) CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Lew Dickey, has been named Radio Executive of the Year by Radio Ink Radio Ink is a radio broadcasting industry trade magazine owned by Streamline Publishing. Radio Ink serves the management community of the radio industry in the United States and in 43 Countries worldwide. Magazine which commented on its selection: "When Radio Ink's editorial board sat down to select the magazine's Executive of the Year, Lew Dickey quickly emerged as our hands-down favorite. What Dickey and his team at Cumulus cumulus: see cloud. (he insists they're all in this together) have pulled off is a near-miraculous job of turning around a radio group fraught with operational problems and loaded with debt. In a dramatic turnaround, the company has reduced its debt load significantly while still acquiring assets that are critical to its operational strategy." Cumulus Media's Chairman and CEO, Lew Dickey, commented, "I'm grateful to Radio Ink and its advisory board of my peers for this tremendous honor. I view this award as recognition of the accomplishments of our great team as we work together to make Cumulus a success." Cumulus Media Inc. is the second largest radio company in the United States based on station count. Giving effect to the completion of all announced pending acquisitions and divestitures, Cumulus Media will own and operate 260 radio stations in 54 mid-size, U.S. media markets. The company's headquarters are in Atlanta, Georgia, and its web site is www.cumulus.com. For any additional information, or to receive future Company news announcements visit our website at www.cumulus.com or contact Wendy Wise at (404) 443-0729. |
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