Is A CFO Departure Unfairly Harming CMLS?

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In an announcement distributed just after the Jan. 9 Closing Bell on Wall Street, Cumulus Media revealed that EVP/CFO John Abbot will exit the company following the distribution of its Q4 and full-year 2019 results.


Since then, the radio broadcasting company’s stock has been in a free-fall.

There’s no word of yet as to who will succeed Abbot.

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