-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GQs9e7LmXPAhqjtENZlPNvtDuwNvsdej98rn6gIPaWe9EAxSUkm/5YZSTLMjHOoV wb1g1Iiewd7wQWG4D9BV0g== 0001050606-09-000055.txt : 20091215 0001050606-09-000055.hdr.sgml : 20091215 20091215170635 ACCESSION NUMBER: 0001050606-09-000055 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20091210 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20091215 DATE AS OF CHANGE: 20091215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALEM COMMUNICATIONS CORP /DE/ CENTRAL INDEX KEY: 0001050606 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 770121400 STATE OF INCORPORATION: DE FISCAL YEAR END: 0625 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26497 FILM NUMBER: 091242336 BUSINESS ADDRESS: STREET 1: 4880 SANTA ROSA RD CITY: CAMARILLO STATE: CA ZIP: 93012 BUSINESS PHONE: 8059870400 MAIL ADDRESS: STREET 1: 4880 SANTA ROSA RD CITY: CAMARILLO STATE: CA ZIP: 93012 8-K 1 form8kredavissantrellaandpow.htm SALEM COMMUNICATIONS 8-K Salem Communications 8-K

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





GRAPHIC 2 form8kredavissantrellaand001.jpg SALEM COMMUNICATIONS LOGO begin 644 form8kredavissantrellaand001.jpg M_]C_X``02D9)1@`!`0$`2`!(``#_X0!P17AI9@``24DJ``@````$`!H!!0`! M````/@```!L!!0`!````1@```"@!`P`!`````@#`P#$!`@`9````3@`````` M``!@`````0```&`````!````141'05)I>F5R(%-O9G1W87)E(%-U:71E`![_ MVP!#``4#!`0$`P4$!`0%!04&!PP(!P<'!P\+"PD,$0\2$A$/$1$3%AP7$Q0: M%1$1&"$8&AT='Q\?$Q)!P>'Q[_VP!#`04%!0<&!PX("`X>%!$4'AX> M'AX>'AX>'AX>'AX>'AX>'AX>'AX>'AX>'AX>'AX>'AX>'AX>'AX>'AX>'AX> M'A[_P``1"`!+`1<#`2(``A$!`Q$!_\0`'0```@("`P$`````````````!P@% M!@`)`0,$`O_$`$\0``$#`P(#!`8##`4)"0````$"`P0%!A$`!Q(A,0@305$4 M(F%Q@9$5,J$6%R,W0E)U@I*RL\$U8G)SL20E,S0X@Y2BTA@G0U5697:3PO_$ M`!H!``,!`0$!``````````````($!0,!``;_Q``M$0`"`@$#`P$'!`,````` M```!`@`#$002(3%!41,%(C-A<8&A0I&QT3)2\/_:``P#`0`"$0,1`#\`*.W- MGTNE7E)O:VKT?K]OL07EHAF8I];;A'3KS&,XR,Z5>Y;QN6H7%4ISE7J3"Y,M MUU38D+2$%2R>$#/+&<8U>;&K,JS=@J]6($IZ'4JW5&X,5YI90M"&@%K4DCF. MN/CK-N[3DW\\]>5]2&H-O4WUYU14T&US".?!D8XU'H5+'K]UN*NNZJ]58ELPLKRY,6D22D\QDGD@8YGX:NET;Q7% M?-659FT=+<=#B2T[4W4D=VCH5)SR2,?E'GY#70RW<^]#;=$MUERT]NH>&TNI M;X5RTIY8`Y`C.>70>.3J3N'<3;O8ZF"V+3IC=4J:4A4CNG$C*^F77`#E7+ZH MZ>S2[-O?)&6[#L/K&$&Q.N!W/<_27_:+;MNQ:<9-5K,RK5=Y`,B1(D*4VWYI M0DG`'M/,ZN5-N"B5.>]`IU7@RY;`RZRR^E:T#ES(!Y=1\](IN;N_>%^/I3+F MKIT%(($*&ZI#9]JN?K'WZO?8=).Z%8)))-&7S/\`?,Z&[2.$-MAYA5:M2XK0 M<1R=?*B`DDG``R3KZUX*TVZ]1YK,3QH1.<6ZZ0 M>A('U?=H(3FY$*JO-R$E,AA]06%CF%!7//QUL%VHO^CW];#53ISB4R$I"9<7 MB]=A>.8QY>1\=5[\Z>M?2'U,DU8N<^H?M%0OO;G(^:CU)]I MTH^L6RO#KEO,932-79E&POB36-0%ZM5J1:M39MUQEJK.L*1%<>)"4+/+B^'4 M>W5@.JGNIG564_27W`S,9>>4M/`KEQ M#)Y%)(/PU?\`L86^Y5;RK=W3D%U+#"F4*6,\3KJ@5'W\((_6T)MZK8-H;F5F MBI04,)?+L?E@%I?K)Q\\?#5X.EC-21VD/:]:K:#WFQ!M27&TN((*5`$'S&NW M0Q[-]U?=9M32I#SO'+A(]#D$G)*D``$^].#HF^)U!="C%3VEQ'#J&'>+CVLC MN:@3RSC./;I$KEK]_4JMRZ=6J[6H\^.X4/MKF+RE7P. M-;&.ND-[5@2G?*NX`&4L$X_N4:I>S&!8H1)_M!2%#@SOVUM+=K<"GO5*A5R< M(;+O?J2T`K`!(`SD\B-6]W9/?)""I-RE9'Y(JS@S\]$GL6?BB?/\`[H]^ MZC1TU[4:QTM*@#`^4[1I$>L,2>?G$,HUM;OU2\';98EUX2H[Y9DN^EN%EG!Y MJ*\XQ[CIY*1"33J5$@!UQX1V4M!QQ65*P,9)\SKUH0A&2A*05')P,9.N[2FH MU!NQQC$9HTXISSG,7+M5,;H(CN56AS51+I"3\M.EVIJHFE[*UHYPJ7P14^WC4,_8#H% M;8;?FX^S7=$MMCCF*F>DQ<)R26$\P/>%*&J.DM5:,L!UQ$-546NPI[9EU[%] MZR:K$K5O5:HR)NR=TN6?N91ZSQE+`>#,D9P"TOU59]V<_#36]K*[?H#:MV+$>X9%:5 MZ,VI*L'N\961\.7ZVL-5ILW@+^J;:?48I);],`.[>\MX777*@;?J$NG4"(OA M;3%)02G/"%K4.>5$]-2'96K]7J>\,"'5JY4Y+1COK::=E+4A3@03S!//`R?A MKW6/8&.RQ(_`:&VPM4^AMX;9G\7"D3`THYQZK MB2@_8K3>VMJG1!TX_$2W.MJ,YZ\S8AK-8.FLU#EZ)C9&W\J^$6Q;KJS%MVA0 MO3:M()P"Z\HN%`/YW!P#V#.BK<-"I-8I;4JO<-#VSH"`8D$$H542GHXKQX#C MU1G*LY\=$*"U^:L?+5.H6:E\C@#O\`]WDNS9ITP>2?^_:6+TSLE)J,R3>5H1N\D.'CGP4?6?F/CIPZV5==!C>S8NA7PV]5:8$TNO<.0Z@`-/GR<'G_`%AS]^J& MFU@"^G;TDW4Z0D[Z^L[-E-[Z%?C35,J)13*\$@%A:L-OG',MG_\`)Y^_1CZC M6M*Z+?KMG7$[2ZO&=@SXJ\@YZX/):5#J/$$::#LN;Q2KE=39]SNARI-ME4.6 MKZTA(ZI5_6`\?$#7M5HPH]2KI/:;5DGT[.L8S\K2Q]M^Z2W`HUI1G/6?4J7* M`_-3@-CXDJ/P&F<)]72!;ZW,Q7][:I4)/$_3XDU,9*4'FIIHA*L9\\*^>L]# M7NLW>.9KJ[-J8\QK.S+;'W,;24QMUO@E3P9K_GE?U1\$A.A1VXK:P]1KM93C M*50I"@/(E2#]JAJ4B]J>VH\=J.U:]12VT@(2`ZCD`,`:K.]>^5"O>P)5N.6Y M.BORDMOQ7ENH(04K!!Y>8"A\=;4I:MXL(ZF8VO6U&P'I/CL1W*85UU.V'W/P M-09#[`/@ZWU^:2?EIOAK6YMC7W+8W`H=;0K"8LUM3H\VRH!8_9)UL8T/M&O;;N\P]#9NKV^)7=VOQ8W)^C'_`-PZUUT?^EH?]^C] MX:V*;M?BQN3]&O\`[AUKKH_]+0_[]'[PUK[/^&TRUO\`FLV>(Z#7/AKA'0:Y M\-2C*:])A\=(;VL/QZUW^S'_`(*-/EYZ0WM8_CTKO]F/_!1JC[,^*?I$/:/P MA]9V;2[B[EVK;2Z;:-&$RGJD*=+GH"WO7(`(XA[ARU(&,^TZMPU@&LU/8Y),HJ,#$6[MS54LVM0*.E7.5+< M>4/8A(`^U>B'V::6FF;(V_'6@<3[+DAS/CWCBE<_@0/AH%=MN>9FXM&I:59$ M6`#CR4XLY^P)TU-DPA3;/H\`#`8A--X]R!IRSW:$7SS$JO>N8^.(A^_=GJLG M59I^,>CSGF\> MY9UE[.;=O!AZY<;2)L@I,I,RE19B#E+S*'$D>(4D'^>LU6=E:A](;36U,4K) M--90KWI2$_RUFI5B>\95I.4!G5N)8=I[BT^*W6WG768Y*F51Y7"D$^/+D=#1 MSL[[4M24M.UJ6E:SA+:IS8)/D.6=*2S5ZJRSW+-2F-M_F)?4!\LZ\ZY,A;@< M6^ZI8.0HK).=74T-J#"OQ(KZRMSDIS'>IG9TVL:PHP94S'Y\Q1'_`"XU(R]I M-K*-$+YLAF0VD95P-./J`\\9)/PTDE(NJY:0^E^F5ZI1'$G(+^M=^_(F]%]%C;=N#)6 MG;9;&WG$<%#I\!:VB4N"(^MMUI7DI!.0?>-=&T6SKVW.ZL^I0)2Y5$F4M;32 MG.3C3G>M'@5Y\@2#[-1.^%%^Y/=:SKTMTF)(J-31"J+;?(2.(IP2.AR"H'X: M8,`'GXZ3LM=4&&R&\QFNM&:5]1S&,E/10]AUB@4L-W2;ON"G;UE'VAW MP3N+?CU"B4AJG0FHRWTN//\`$\\00``D``=>D=N'9/=&PZPFIT-IV M<&%\3$VFK/&/>GJ/=S&IMC?;>:DL"'4*,A]Y(QWDFFK2L_LX!^6G;=*KG-9& M/K$Z]0R#%@.84>V';]%F;:JKDM+3-2@O($5W`"EA1PIOVC'/X:6/8_TS[[EL M>@\???2#?U>O#GUOAC.K)<)WCW=J+(G4RIRFD*_`M",6([>?'F`/BN#XJ(Y9\/#6X=:*"CG)\3`H;K@ZC`A2W#K;= MN6-6*TXH)$2&XM)SCUL82/F1I1^RC:E,O/<.IR+@A,5&-%BJ>6T^CC2I:U8! M(/QT;^UNY7YMAL6W;]*GSW)[Z523&9*PEM!S@XZ95CY:#79RM/=&B[AQGH-+ MFTB"\0BHO2H^$%D')'K#ZW+ECQ.L=-A:'(."9M?[UJC&0(S?WJ-N?_15#_X1 M.L7M1MPI)!LNA\QC_5$ZNVL/327JOY,=])/$UIWU2?H"]*S1AR$*-LE'/W@`_'2D[IV?>E(YZ(_9=H&Z](N5N&XS.I%M<1>F-RF0$K..00%#().. MGAJKJ@MM`.1D29IMU=Q&.#&(W:_%CM5BZX$V&-.(=;0X@A25)!21X@Z[M)?1;A[1M"I[4"-#K:H[*0AM+T!+I M2!T&2DG7>J[.TK5'DQ&V*TRI9XE<_LQ_X*--[M%0*U0;.CL7)4I%0K4@]_-===+F%G\D$^`&!RTJ&_%LW MCJ\&U:P[%.D'LR)O19Q=^YJFW%3TNGB<0B*5(6?,I4",ZMR;Z[2(&/ M1ZR??2D?]&NWZ0V6%E89X:UX[]QT MQ]X[I:2,)%06KYX/\];#5'U3[-(3NI:MZW)N+7:Y&M*LEB7,6MHF(KFG.`>G MD-4/9K!7)/B(ZX$H`(S?9,J+<_9FEM)6%+B..L+&>:<*)'V$:S05[.UM[Q4B MN/Q:4S)H=-?252ESF`6RH`\.$J'UL\N7AK-8WT@V$[A#T]K^F/=,7_6:S6:^ MFD&9IA^Q-;4]^\9]TEM2($2,N*%GHMQ92<#W`9^(T,MK=M*U?,_C1BGT9D\4 MNI/#A::3XX)P"KV:8<7%$-+1MAM`IAIAAH_2->SAB*C\M?&.2G#YY]WLFZRW M*FM?O\H[I*L,+&^WSDM7G$;E;X4JG4]PKHUFO>ESWTGU')1QP-Y\<P=/GH#7ON33+*MN18&V\E3R'.+Z M3KA5^%E.GDHH(\.HXL^[SUZ^Q`2=T:L222:,LDGQ_#LZ1;38J+GH!Q_<:749 MM"CJ3S_4UN[]M7].=I41F9`JC:"XJ)*;PHI'4@CD=5#LL MV]#JM$J&XM78;FUFL37BEYY(6IM`5C"2>F2/L&BW+HM%BU!=RBFQD5"-'<2) M"&PE91C)22.HY>.MB*QFO!R._P`XL"[8?/![?*5?=#=JU+`=;A5!QZ54W1Q( MA14<3F/`J\!\=>3;?>RT;UJOT*@2J55%?Z.--1PESV)/0GV:IW9GH,6Y95?W M,K[+P`:DNU):$-RRU7G2VT0JU1'4/MRF$A"U( MX@"DD=<9!'NT6RL-L/7S\X.ZPC>.GCY0MW/78%NTDU.I+X(X>::*O(N+2@?: MH:E001GEI=^T7<,RX-C[6;AH5Z=7WHSO=H/,E*.,@?K8^6K)3MR6_P#LUF[W M'?\`.$>GF*M)/K>E`=V/B3A6O&@[0?)Q#]8;B/`S"=;%=@7#`=G4YSO&6Y+L M8J_K-K*5?:-<4*NP*S+JD:&YQ.4R68DA/YJPE*O\%:#?8YGRD6?7*+4BI,F% M4"^M*SS`=0%<_EGXZJW9XO&4G>BN,32I$*ZGY#T12CZJW&E*Z>WAR/EKITY! M8#],%;\A2>\8NIUR!3JO2J7)<_RFJ..-QT^?`CB4?=T^8U'U6]:53;[I=GOM MR#4*FRMYA24`MA*J$:"^L'U4K?5A>?;C M/[.KU?G^U38WZ.D?X+U[T,8SW!,]ZV5$BA/>!I. M5>LH)&![SKR2;WH<-=M"4\IA%Q(XH2G.0XBA*DI5Y$A7SU6^U5^(RX/]Q_&1 MH9;\4J37+,VBI$)_T>3+0TTR[^8LL-<)^>-#34"!GN3_`!.VV$$X[`?S&<\/ M9JBTG2Z<*DH!Y+&>IQC/GU\=4:P?]FC6G!(;R/S/&W(!7P?Q#U M0KFIE5LZ+=3;IC4Z1%$H+?PG@;QG*O+EH5U/M*6='J+C$"F5BHQ&E<+DQEG" M/>`>>/EJI7M/F*[.NW%K0WELFX3'B.J2<>IRR/=DC1_M6TZ#;MNQJ)3J=&;B M,MA!'=)_"'Q4KES)\3C[3@=[#A3C@3NLVXZ/=UOQZ[1)/I$)_/ M"HI*2".1!!Z$:^:5`D?+&L8BT.S[Z<6W'!03@'D<^W7HM??*T[AB MU:3$A59MNEP5S7R\P$\3:>O#SYG7D[6L9@;*5A]+#0=[V/ZX0.+_`$J?'4I= MT:,SV>ZFMIAIM:K;.5)0`3^!UH%K**<730MK/:1LV%5'8T"!5*I'95PN2X[0[OWC/,C5,NFK M3HW9WZ>XIIZO.-0E*2<'@*CD?'(&CY9=EV]:]L1J'3Z;%+#;?"Z5,I)>5 M^4I7+F2?/6;5I7DL,\G'VG0S68"G'`S.ZQ+OH%ZT1-7MZ:F3&*N%8P0IM6,E M*@>AYZYM.ZJ1>C&G5LX/8$?U!.I9<9'?!C0W_>=*LJFPJA5FY"FIDYN"V&4A1[Q841 MGGT]4ZB-U=TK?L`1&*BW)F5"9DQX<9/$XI(."KV#5`[1=?IMS;6V?6Z1(2_# ME7'#6A23T]1W*3Y$'D1KR[YO2;*WNMS<6H4UZH4!J&8CRD(XO1UGC&?('UP1 MY\QH:J1QNZ\\?3M"LM/.WIQ^83]J]R*)N%$E.4I,B/)AJ"9,20GA<:SG!]H. M#\M9KW[?S;.KL)ZXK413W/I!05*?CI2EQ:P.CF.>1Y'6:R8#/2,5YVCF*/2^ MSQ>RV?2:[+I%!CCF53).58]B4@_XZG[?VOMN!+0U3J%7+^J"3@*#*H=.0KS4 MLG*A[N1TX:FT*X>)(..FACNXT9CD>&])F)CNH]=MF4XT%>_@4,Z<&NLLZQ%M M'76,B"F]VZ=3:>AG<^\(;$!@99M.W$A*1_54H8)]I/ST'KXW)GUFG_<_;\%F MW;:1]2G1.KG]9Q?UEG&.IQHQ?>PL9Q7&NAA2E'F3*>Y_\^L^]98?_D*?^*>_ MZ]/4U(I][)B3N7Z<17M'KL2.(9W)K3SB@E"*(XI1/@`\UG5F.UMAX_H$?\4] M_P!>KQLO9MM6]=4Y^CTQ,9QVF.(6>]6L*3QM\L*41X#1:RP&DKB=TU1%H.83 M+;N>G5]]YB(E]"VBI>KQ$SZ5,@J^K(86T?):7D8J#CU/?>/"V\V MH^"CYX!'O]FO=VE+\@5:WV]OK6DLU6M5IY#*FXRPL-HR#S(\3R^&=6G?:TK< MN"V7I]7I+$F7&=X6G\E"TI\N))!(]AU$]G.S+8IE-!X4*0#\5(.J'4K5 MJR=Y7=IVTD6[-K2*UCP#&"I2?=^3[P-,8FA4I>Y2KA5$!JB*:(Z9'&K(;[U9 MX<9QC/LUZ'J?"^^#'J7HS?I@ICB`]CUN'O$\OM.@6XC]IUJ@?W@S+XIK7^=*`\FHJ\U-NN>L/=S3 MGV9T8+YM.WJ]<[#IYZ/U,!3YQF#LR6'C.(O;]JRF^S14;SG(*JQ4JDW7'7"/6X>\]7[ M%$_'5@W&N"-2=U=L[XJ+G=TJ3`+3CY^J@K3U)_6SHT5JDTZ78TRBR(C:Z>8: M6>XYA/`$#">7/&H*O6G;M3VQ8H50I;4FGQJ>TIAI:E$MD)Y$*SQ`^W.A6P,> M1W,XR[!QX$I?:CO*@O[62:%!J,2;4*JZRW'98="R0'$J*N7AR^W75N=$<@U' M9."\,.1YS+2Q[4MM`_X:K6P]CVH+O3+-&96]&2AQE3BUKX%>8!)&='*]:'2J MI6+4EP2>^/YE&WYV\G5!UF M_;-S&NFDD.90.RI?TEY'`Z[/EK6G&,$MLDC33+ M^IJC&W*)]SMTTP4]I,.H35KE,I)2EQ2FFN(\CRS[,:RKL+``]B)K94`^1X,# MEZ4B>_V;+`N:FMJ>?MU$>>".^!+?OE?<6YMK(U-M1]3KM MS3Q3HJR,<2$N#C4!UP<8]QU2KWVIW;I^WJ4SKMI<^E6ZT)D:$S'"5H[I.?54 M&P20,]3ST:(UDVK$NJW4QJ,PTFD-+]`2E2N%DJ)R0,X)/FBR&74A M;:T*2I)Z$%/,:S-WI$(HXZPEK-H+N>?E`1O/<:+M[*`K[:@52FHI=]C@=2E8 M_:!U>[T_V=I__P`;/\$:Z&;)M?[W$^V?HI'T0N=Q&-WJ^'/?!60>+(Y\^1U: M*O`B/[?RZ6\R%PU4I39:)."GNL8SUZ:-L+@>&S_$\O.<]Q`/<-!J%4[*MG5B ME-J[D?AHMV3NE:%QVLS6?IJ##6&P9+#[R4+94.H(/V' M4]9]/ATJSZ12X#"68;;/`EK)4`GGRYY.E_W=V]LV/N!$1'H;+*)3BR\AMQ:4 MJ)Z\@K`^&NJHO)5NQ)@,QI`(\`2P6#/^^;VC)%[TY"S0+?@F#&>* M_O%'W8U*[`1(T^K[H0IC*'H[]P/-NMK&0I)X@0=$ZS*-2Z%:\:'1X+$*.ADK M#;2<#B(YD^9]IUX;%HE+H\RO.TV*(ZYU46Y)(6H]XKGSYDX^&-9N^`0.V!^8 M:)R#YR8LF[UG5O;VNP+?B../6=/K<>="XLGN'D\22WGP.%'W@#R.F-N&^+2% MW+V_KW=H>D0P^?2PD1W4D_5R3S/(GX:E=R8$*HVA.1.C-R$M)2\V%C/"M*LI M4/:#JC=HRUJ!7+;9J-3IK;\R,\4-/!2D*2G/3*2,CV'1*WK,JGKSS.,OIAB) M5>S['IM-WUO6E6BZ'+<1&0LI0OB:0[Q#`2?'&5@>S6:(.REMT.W;";51JX)_]D_ ` end EX-99 3 pressreleasesalemcommunicati.htm SALEM COMMUNICATIONS PRESS RELEASE Salem Communications Announces Management Changes

EXHIBIT 99.1


Salem Communications Announces Management Changes


CAMARILLO, CA -- (MARKET WIRE) -- 12/15/2009 -- Salem Communications Corporation today announced a strategic restructuring of certain of the company's executive officer positions effective January 1, 2010.   These changes are designed to make Salem more responsive to the rapidly changing media environment.


As part of this strategic restructuring, Joe Davis will begin a new role at Salem as the Senior Advisor to the CEO, Special Projects and Strategic Development.  In announcing this transition Edward G. Atsinger III, CEO, said, “In his new role, Joe will be responsible for developing new national content for Salem’s Christian Teaching and Talk stations, for assisting Salem’s existing ministry clients to improve the yield from their media ministries, and for taking on strategic projects as directed by me.  With his long radio history and strong relationships with Salem’s ministry partners, Joe is uniquely qualified to take on this new responsibility.”  Joe joined Salem in 1989 and has provided oversight to Salem’s Radio Division since 2001. He has served as Salem’s COO and then as President of the Radio Division since 2007.  


Additionally, David Santrella will be promoted to President, Radio Division.  With regard to this appointment, Mr. Atsinger commented: “Along with his wealth of management and sales experience, David brings a fresh perspective and a high level of energy and creativity to this role.”


David started with Salem in 2001 as the General Manager of our Chicago cluster.  In November 2003, he was given additional oversight responsibility of Milwaukee and then in March 2006, he was promoted to an Operational Vice President over Chicago and Milwaukee.  In October 2008, he was given responsibility over Minneapolis, Denver and Colorado Springs. David will be working at the company’s corporate headquarters starting January 1, 2010.

 

Additional management changes will also take place effective January 1, 2010. Allen Power will be promoted to Senior Vice President. As part of this promotion, Allen will take on oversight of Salem’s largest markets, including New York, Los Angeles and Chicago. Finally, three of the company’s current radio station General Managers will be promoted to Operational Vice Presidents as follows: Mike Moran in Atlanta, Russ Whitnah in Philadelphia and Brian Taylor in Denver.


Salem Communications (NASDAQ: SALM) is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values. In addition to its radio properties, Salem owns Salem Radio Network®, which syndicates talk, news and music programming to approximately 2,000 affiliates; Salem Radio Representatives™, a national radio advertising sales force; Salem Web Network™, an Internet provider of Christian content and online streaming; and Salem Publishing™, a publisher of Christian-themed magazines. Upon the close of all announced transactions, the company will own 93 radio stations, including 58 stations in 22 of the top 25 markets. Additional information about Salem may be accessed at the company's website, www.salem.cc.


Company Contact:

Evan D. Masyr

Salem Communications Corporation

(805) 987-0400 ext. 1053

evanm@salem.cc





-----END PRIVACY-ENHANCED MESSAGE-----