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Noble Financial Thinks Cumulus Media's (CMLS) CFO Transition is 'Not A Good Sign'

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Cumulus Media Appoints John Abbot as Chief Financial Officer

June 22, 2016 10:05 AM EDT

ATLANTA, June 22, 2016 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) announced today the appointment of John F. Abbot as Executive Vice President, Treasurer and Chief Financial Officer effective July 1, 2016. Abbot most recently served as Executive Vice President and Chief Financial Officer of Telx Holdings Inc., a leading provider of connectivity, co-location and cloud services in the data center industry.

Abbot, age 53, brings more than 20 years of financial and operations management experience to Cumulus Media as well as an impressive track record of strategic success in various capital market transactions, mergers, acquisitions and integration... More