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Salem Media Announces the Promotion of Carolyn Cassidy to Vice President

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Salem Media (NASDAQ:SALM) announced the promotion of Carolyn Cassidy to Vice President & Regional General Manager on January 14, 2026. Cassidy will continue overseeing Salem's Columbus, Tampa, Orlando, and Miami operations and will join the company’s Senior Leadership Team.

Cassidy previously led Columbus, then Tampa, followed by Orlando and Miami. Company leaders praised her market experience, leadership, and community focus, saying she will support Salem’s growth and operational excellence while developing local audiences and partner relationships.

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Positive

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Negative

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News Market Reaction – SALM

-0.55%
1 alert
-0.55% News Effect

On the day this news was published, SALM declined 0.55%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Current price: $0.421275 52-week high: $2.09 52-week low: $0.3959 +5 more
8 metrics
Current price $0.421275 Before leadership promotion news
52-week high $2.09 Pre-news trading range reference
52-week low $0.3959 Pre-news trading range reference
20-day avg volume 25,781 shares Liquidity benchmark
Today’s volume 34,976 shares Before promotion announcement
200-day MA $0.83 Longer-term trend level
Stations pre-expansion 173+ stations Scott Jennings show carriage before expansion
Planned stations 200+ stations Scott Jennings show planned reach after lineup change

Market Reality Check

Price: $0.4022 Vol: Volume 34976 vs 20-day av...
normal vol
$0.4022 Last Close
Volume Volume 34976 vs 20-day average 25781 (relative volume 1.36x). normal
Technical Price 0.421275 is trading below 200-day MA 0.83 and 79.84% below 52-week high.

Peers on Argus

SALM was down 0.87% with modestly elevated volume while key peers were mixed: CM...

SALM was down 0.87% with modestly elevated volume while key peers were mixed: CMLS down 1.88%, FHLD down 9.28%, and others (SBSAA, TMGI, PSRU) flat. No broad, synchronized move across broadcasting peers was detected.

Historical Context

5 past events · Latest: Jan 05 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 05 New show launch Positive +2.5% Launch of The Jake Underwood Show on WHK-AM 1420.
Dec 18 Talent extension Positive -1.0% Extension of Joe Piscopo’s morning host contract in New York.
Dec 17 Schedule revamp Positive -2.4% New SRN midday lineup featuring Alex Marlow and Scott Jennings.
Nov 17 Content release Neutral -3.9% Release of documentary “Call Sign Courage” on SalemNOW platform.
Nov 12 Show addition Positive -5.5% Addition of That KEVIN Show to SRN lineup replacing Eric Metaxas.
Pattern Detected

Recent content and talent announcements often coincided with small share moves, with no consistent positive reaction despite generally constructive programming news.

Recent Company History

Over the past two months, Salem Media has focused on programming and talent moves. On Nov 12, 2025, it added “That KEVIN Show” to the SRN lineup, followed by a SalemNOW streaming feature on Nov 17. In mid-December, it refreshed its New York morning lineup by extending Joe Piscopo, and revamped its national midday schedule on Dec 17. A new Cleveland show launched on Jan 5, 2026. Today’s leadership promotion fits this pattern of operational and content-focused updates.

Market Pulse Summary

This announcement centers on internal leadership, elevating Carolyn Cassidy to a Vice President and ...
Analysis

This announcement centers on internal leadership, elevating Carolyn Cassidy to a Vice President and Regional General Manager role overseeing multiple markets. It follows recent programming and lineup changes, reinforcing a focus on operational execution rather than financial metrics. With shares trading below the 200-day MA and close to the 52-week low, investors may watch how leadership continuity translates into audience trends, advertising performance, and overall profitability over time.

AI-generated analysis. Not financial advice.

CAMARILLO, Calif., Jan. 14, 2026 (GLOBE NEWSWIRE) -- Salem Media today announced the promotion of Carolyn Cassidy to Vice President & Regional General Manager. In her new role, Cassidy will continue to oversee Salem's operations in Columbus, Tampa, Orlando, and Miami, while expanding her leadership role as part of the company’s Senior Leadership Team.

Cassidy has been an integral part of Salem for many years, beginning with her leadership in Columbus, where she cultivated a strong culture of teamwork, community involvement, and business growth. She later took on management of Salem’s Tampa market, followed by oversight of Orlando and, most recently, Miami.

“Carolyn has consistently demonstrated exceptional leadership, market insight, and a deep commitment to Salem’s mission,” said Allen Power, President of Broadcast Media for Salem. “Her ability to lead multiple large and diverse markets with both strategic focus and personal care makes her an outstanding addition to our VP ranks.”

Salem SVP Jeff Reisman added, “Carolyn’s experience across several dynamic markets uniquely equips her to join our senior management group where she will contribute to our continued growth and operational excellence.”

Cassidy’s expanded role highlights Salem Media’s ongoing commitment to developing strong leaders who are passionate about serving their audiences, partners, and local communities.

About Salem Media

Salem Media is America’s premier multimedia company specializing in Christian and conservative content. Through its national radio network, digital platforms, and publishing brands, Salem reaches millions daily with powerful content that drives the national conversation. Learn more at salemmedia.com.

Company Contact:
Publicity@salemmedia.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cf3c553a-9ccc-4146-9812-4c8e25b81a9f


FAQ

Who was promoted at Salem Media on January 14, 2026 (SALM)?

Carolyn Cassidy was promoted to Vice President & Regional General Manager.

What markets will Carolyn Cassidy oversee after her promotion at SALM?

She will continue to oversee Columbus, Tampa, Orlando, and Miami.

Will Carolyn Cassidy join Salem Media's senior leadership team (SALM)?

Yes. Her new role expands her leadership as part of the company’s Senior Leadership Team.

What reasons did Salem Media give for promoting Carolyn Cassidy (SALM)?

Company leaders cited her leadership, market insight, community involvement, and experience across multiple markets.

How does Salem Media describe the impact of Cassidy’s promotion on operations (SALM)?

Salem said the promotion supports continued growth and operational excellence and strengthens local audience and partner service.
Salem Media

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