Taking stock at Cumulus


With its going-private transaction called off, Cumulus Media’s board of directors has now approved awards of restricted common stock as an incentive to key executives. Executive VP and Co-COO John Dickey got 60,000 time-vested shares, Exec. VP and Co-COO John Pinch 20,000 and Exec. VP and CFO Marty Gausvik 15,000.