Saga Communications, Inc. Announces Leadership Changes
December 07, 2022 at 04:05 pm
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Saga Communications, Inc. announced that Warren S. Lada has been elected as the Chairman of the Company's Board of Directors. Mr. Lada has been a member of the Board of Directors since May 2018, after serving as Chief Operating Officer of the Company from March 2016 to June 2018 and, more recently, as Interim President and Chief Executive Officer of the Company from August 21, 2022 to December 6, 2022. Mr. Lada will replace Gary G. Stevens, who has been serving as Interim Chairman of the Board since August 24, 2022.
Mr. Stevens will continue to serve as a member of the Board of Directors. In addition, the Company announced that Mr. Forgy, the Company's President and Chief Executive Officer, has been appointed as a director of the Company to fill the Board vacancy created by the passing of Edward K. Christian. Mr. Forgy is not expected to be named to any committees of the Board.
Saga Communications, Inc. is a media company engaged in acquiring, developing, and operating broadcast properties with a focus on opportunities complimentary to its core radio business, including digital, e-commerce and non-traditional revenue initiatives. The Company owns or operates broadcast properties in about 27 markets, including 79 frequency modulation (FM), 31 amplitude modulation (AM radio stations and 78 metro signals. The radio stations that it owns and/or operates employ a variety of programming formats, including Classic Hits, Country, Classic Country, Hot/Soft/Urban Adult Contemporary, Oldies, Classic Rock, Rock, and News/Talk. It operates in markets, including Asheville, Bellingham, Brattleboro, Bucyrus, Champaign, Charleston, Charlottesville, Clarksville, Columbus, Des Moines, Harrisonburg, Hilton Head Island, Jonesboro, Manchester, and Milwaukee, among others.