Cumulus Media CEO Lewis Dickey's 2009 pay falls 42% to $2M

Cumulus Media reports 2009 executive compensation

By ExecPay News

Published: April 7, 2010

Cumulus Media reported fiscal year 2009 executive compensation information on April 7, 2010.
In 2009, six executives at Cumulus Media received on average a compensation package of $821K, a 44% decrease compared to previous year.
Average pay of disclosed executives at Cumulus Media
Lewis W. Dickey, Jr, Chief Executive Officer, received $2M in total, which decreased by 42% compared to 2008. 47% of Dickey's compensation, or $922K, was in salary. Dickey also received $470K in bonus, $547K in stock awards, as well as $17K in other compensation.
John W. Dickey, Chief Operating Officer, received a compensation package of $851K, which decreased by 20% compared to previous year. 67% of the compensation package, or $569K, was in salary.
John G. Pinch, Chief Operating Officer, earned $706K in 2009.
Jon G. Pinch, Chief Operating Officer, received $706K in 2009, which decreases by 3% compared to 2008.
Martin R. Gausvik, Chief Financial Officer, earned $531K in 2009, a 18% decrease compared to previous year.
Joseph P. Hannan, Chief Financial Officer, received $177K in 2009.

Related executives

Lewis Dickey

Cumulus Media

Chief Executive Officer

Joseph Hannan

Cumulus Media

Chief Financial Officer

John Pinch

Cumulus Media

Chief Operating Officer

John Dickey

Cumulus Media

Former Executive Vice President of Content and Programming

Jon Pinch

Cumulus Media

Chief Operating Officer

Martin Gausvik

Cumulus Media

Chief Financial Officer

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Source: SEC filing on April 7, 2010.