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Cumulus Media appoints Carol Flaton to board

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Cumulus Media appoints Carol Flaton to board

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The latest announcement is out from Cumulus Media ( (CMLS) ).

On January 14–15, 2026, Cumulus Media announced that longtime director Joan Hogan Gillman resigned from its Board of Directors and was succeeded by Carol Flaton, with both changes effective January 15, 2026. Flaton, an independent director under SEC rules, brings more than 30 years of experience in financial services, investment banking, and governance, including senior roles at AlixPartners and Lazard and board service at multiple companies such as QVC Group, and will receive $40,000 per month in cash compensation for her board role; the move is positioned to strengthen Cumulus Media’s board-level financial expertise and oversight as the company continues executing its strategic plan, while the Board publicly acknowledged Gillman’s eight years of contributions.

The most recent analyst rating on (CMLS) stock is a Hold with a $0.10 price target. To see the full list of analyst forecasts on Cumulus Media stock, see the CMLS Stock Forecast page.

Spark’s Take on CMLS Stock

According to Spark, TipRanks’ AI Analyst, CMLS is a Neutral.

The score is primarily dragged down by poor financial performance: shrinking revenue, deteriorating margins, large losses, and high balance-sheet risk from negative equity and heavy leverage. Technicals are only neutral-to-weak with negative MACD and the price below longer-term moving averages, while valuation signals are limited due to negative earnings and no dividend yield provided.

To see Spark’s full report on CMLS stock, click here.

More about Cumulus Media

Cumulus Media Inc. (OTCQB: CMLS) is an audio-first media company that delivers premium content to roughly a quarter of a billion people each month through 395 owned-and-operated radio stations across 84 U.S. markets. It provides locally focused programming, nationally syndicated sports, news, talk and entertainment content via its Westwood One network to more than 7,800 affiliated stations, and operates the Cumulus Podcast Network for original, on-demand audio. The company targets both listeners and advertisers, offering broadcast, digital, mobile, social and voice-activated platforms, along with integrated marketing services, research, and live event experiences to deliver local impact with national reach.

Average Trading Volume: 87,391

Technical Sentiment Signal: Sell

Current Market Cap: $14.24M

For an in-depth examination of CMLS stock, go to TipRanks’ Overview page.

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