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 3, 2018
ENTERCOM COMMUNICATIONS CORP.
(Exact Name of Registrant as Specified in Charter)
Pennsylvania | 001-14461 | 23-1701044 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
401 E. City Avenue, Suite 809 Bala Cynwyd, Pennsylvania |
19004 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code: (610) 660-5610
(Former Address of Principal Executive Offices)
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 (see General Instruction A.2. below):
☐ | 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)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(b) Principal Accounting Officer Retiring
On December 3, 2018, Entercom Communications Corp. (the Company) announced that, in connection with his pending retirement, Eugene D. Levin will be stepping down as Principal Accounting Officer and Controller, effective December 31, 2018.
(c) Appointment of Interim Principal Accounting Officer
On December 3, 2018, the Company also announced that it has appointed James Hamill (age 38), the Companys Assistant Controller and Treasurer, to serve as the interim Principal Accounting Officer and Controller effective January 1, 2019. Prior to joining Entercom, Mr. Hamill spent eight years with KPMG, last serving as a Senior Manager, and several years as the Assistant Controller for a large public company in the energy sector. He is a CPA and a graduate of Wake Forest University. Mr. Hamill does not have an employment agreement with the Company.
Item 9.01. | Exhibits |
(d) Exhibits
Exhibit No. |
Title | |
99.1 | Entercom Communications Corp.s Press Release, issued December 3, 2018. |
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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 hereunto duly authorized.
Entercom Communications Corp.
By: | /s/ Andrew P. Sutor, IV | |
Andrew P. Sutor, IV Executive Vice President |
Dated: December 4, 2018
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Exhibit 99.1
ENTERCOM ANNOUNCES EUGENE LEVIN STEPPING DOWN AS
PRINCIPAL ACCOUNTING OFFICER AND CONTROLLER
PHILADELPHIA, PA December 3, 2018 Entercom today announced that Eugene Levin will step down as Principal Accounting Officer and Controller, effective December 31, 2018. Mr. Levin, age 68, has served as Entercoms Controller since 1977, Treasurer from 1988 through July 2018 and as its Principal Accounting Officer since 2007. Mr. Levin will continue to work for the company on a consulting basis.
We are deeply thankful for Genes service to the company during his 40+ year career at Entercom, said David Field, President and Chief Executive Officer, Entercom. He has made an enormous contribution since the companys early days through his leadership, knowledge, expertise and indefatigable work ethic. We will miss him.
James Hamill, the companys Assistant Controller and Treasurer, has been appointed to serve as the interim Principal Accounting Officer and Controller. Prior to joining Entercom, Mr. Hamill spent eight years with KPMG, last serving as a Senior Manager, and several years as the Assistant Controller for a large public company in the energy sector. He is a CPA and a graduate of Wake Forest University.
CONTACT:
Jennifer Morales
Entercom
212-649-9685
Jennifer.Morales@Entercom.com
@EntercomPR
About Entercom Communications Corp.
Entercom Communications Corp. (NYSE: ETM) is a leading American media and entertainment company reaching and engaging over 170 million people each month through its premier collection of highly rated, award winning radio stations, digital platforms and live events. As one of the countrys two largest radio broadcasters, Entercom offers integrated marketing solutions and delivers the power of local connection on a national scale with coverage of close to 90% of persons 12+ in the top 50 markets. Entercom is the #1 creator of live, original, local audio content and the nations unrivaled leader in news and sports radio. Learn more about Philadelphia-based Entercom at www.entercom.com, Facebook and Twitter (@Entercom).
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