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EX-99 - SALEM COMMUNICATIONS PRESS RELEASE - SALEM MEDIA GROUP, INC. /DE/pressreleasesalemcommunicati.htm

UNITED STATES

 

SECURITIES AND EXCHANGE COMMISSION

 

WASHINGTON, D.C. 20549

  

FORM 8-K

  

CURRENT REPORT

  

PURSUANT TO SECTION 13 OR 15(D) OF THE

  

SECURITIES EXCHANGE ACT OF 1934

  

Date of Report (Date of earliest event reported): December 10, 2009

  

SALEM COMMUNICATIONS CORPORATION

  

(Exact Name of Registrant as Specified in its Charter)


 

[form8kredavissantrellaand001.jpg]

 

Delaware

 

000-26497

 

77-0121400

(State or Other Jurisdiction

 

(Commission

 

(IRS Employer

of Incorporation)

 

File Number)

 

Identification No.)

 

4880 Santa Rosa Road, Camarillo, California

 

93012

(Address of Principal Executive Offices)

 

(Zip Code)


 

Registrant's telephone number, including area code: (805) 987-0400

 

Not Applicable

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[   ]Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[   ]Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[   ]Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[   ]Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


 


 

ITEM 5.02(b)

DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.


On December 15, 2009, Salem Communications Corporation (the “Company”) announced that, effective January 1, 2010, as part of a senior management restructure, Joe D. Davis will be transitioning from his position as President, Radio Division and accepting a position with the Company as its Senior Advisor to the CEO, Special Projects and Strategic Development.  A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.


ITEM 8.01

OTHER EVENTS.


On December 15, 2009, the Company also announced that, effective January 1, 2010, as part of a senior management restructure, David Santrella will be promoted to President, Radio Division and Allen Power will be promoted to Senior Vice President. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.  


ITEM 9.01

FINANCIAL STATEMENTS AND EXHIBITS.

 

(d)     Exhibits. The following exhibits are furnished with this report on Form 8-K:

 

Exhibit No.

 

Description

99.1

 

Press release, dated December 15, 2009, of Salem Communications Corporation







SIGNATURE 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. 

 

 

 

 

SALEM COMMUNICATIONS CORPORATION

 

 

 

Date: December 15, 2009

 

By: /s/ EVAN D. MASYR

 

 

Evan D. Masyr

 

 

Senior Vice President and

Chief Financial Officer







EXHIBIT INDEX

 

Exhibit No.

 

Description

99.1

 

Press release, dated December 15, 2009, of Salem Communications Corporation