Bonus time at Cumulus


Cumulus Media has filed with the SEC the bonuses being paid to top executives for their performance in 2008. CEO Lew Dickey gets $500,000 in cash, plus 320,000 restricted shares of stock, half time-vested and half based on performance. Exec. VP/Co-COO John Dickey gets $165,000 cash, plus 70,000 time-vested shares. Exec. VP/Co-COO Jon Pinch gets $100,000 cash and 40,000 time-vested shares. Exec. VP/CFO Marty Gausvik gets $50,000 cash and 15,000 time-vested shares.