Saga Communications, Inc. Board Refreshment Continues Naming Gregg Sutherland to Board of Directors
Saga Communications (Nasdaq: SGA) has expanded its Board of Directors to eight members with the appointment of Gregg Sutherland, a former Senior Partner at Ernst & Young. Sutherland, who previously served as Strategy Consulting Practice Leader for Global and Americas at Ernst & Young, brings significant boardroom and financial expertise to Saga.
This appointment continues Saga's board refreshment initiative, following the addition of Michael Scafidi earlier in 2025. The company plans to return to seven board members at the 2026 Annual Shareholder Meeting. Saga currently operates 82 FM and 31 AM radio stations across 28 markets, with a focus on broadcast properties and complementary digital initiatives.
Saga Communications (Nasdaq: SGA) ha ampliato il suo Consiglio di Amministrazione a otto membri con l’ingresso di Gregg Sutherland, ex Senior Partner di Ernst & Young. Sutherland, che in passato è stato Leader della Practice di Strategy Consulting per Global e Americas presso Ernst & Young, porta una significativa esperienza di consiglio e di finanza a Saga.
Questa nomina prosegue l’iniziativa di rinnovamento del CdA di Saga, dopo l’aggiunta di Michael Scafidi all’inizio del 2025. L’azienda prevede di tornare a sette membri al 2026 Annual Shareholder Meeting. Saga attualmente opera 82 stazioni FM e 31 AM in 28 mercati, con un focus sulle proprietà di radiodiffusione e su iniziative digitali complementari.
Saga Communications (Nasdaq: SGA) ha ampliado su Junta Directiva a ocho miembros con la incorporación de Gregg Sutherland, ex Socio Senior de Ernst & Young. Sutherland, que previamente fue Strategy Consulting Practice Leader para Global y Américas en Ernst & Young, aporta una amplia experiencia en junta y finanzas a Saga.
Este nombramiento continúa la iniciativa de renovación de la junta de Saga, tras la incorporación de Michael Scafidi a principios de 2025. La empresa planea regresar a siete miembros en la Junta en la Reunión Anual de Accionistas de 2026. Saga opera actualmente 82 estaciones de FM y 31 de AM en 28 mercados, con foco en activos de radiodifusión y en iniciativas digitales complementarias.
Saga Communications (나스닥: SGA)가 이사회 구성원을 8명으로 확장하고, 전 Ernst & Young의 수석 파트너인 Gregg Sutherland를 임명했습니다. 글로벌 및 아메리카스를 위한 Strategy Consulting Practice Leader를 역임한 Sutherland은 이사회와 재무에 대한 풍부한 경험을 Saga에 제공합니다.
이번 임명은 2025년 초에 추가된 Michael Scafidi에 이어 Saga의 이사회 개편 이니셔티브를 지속하는 것입니다. 회사는 2026년 연례 주주총회에서 7인 이사회로 복귀할 계획입니다. Saga는 현재 전파 FM 82개, AM 31개 방송국을 28개 시장에서 운영하며, 방송 자산과 보완적 디지털 이니셔티브에 중점을 두고 있습니다.
Saga Communications (Nasdaq: SGA) a élargi son conseil d’administration à huit membres avec l’arrivée de Gregg Sutherland, ancien Senior Partner chez Ernst & Young. Sutherland, qui était auparavant Strategy Consulting Practice Leader pour Global et Americas chez Ernst & Young, apporte une expérience significative en conseil d’administration et en finance à Saga.
Cette nomination prolonge l’initiative de renouvellement du conseil de Saga, après l’arrivée de Michael Scafidi au début de 2025. L’entreprise prévoit de revenir à sept membres lors de l’Assemblée Annuelle des Actionnaires de 2026. Saga exploite actuellement 82 stations FM et 31 AM dans 28 marchés, en se concentrant sur des actifs de diffusion et des initiatives numériques complémentaires.
Saga Communications (Nasdaq: SGA) hat seinen Vorstand auf acht Mitglieder erweitert und dabei Gregg Sutherland, ehemaligen Senior Partner von Ernst & Young, ernannt. Sutherland, der zuvor als Strategy Consulting Practice Leader für Global und Americas bei Ernst & Young tätig war, bringt umfangreiche Vorstandserfahrung und Finanzkompetenz zu Saga.
Diese Ernennung setzt Sagas Vorstandsrefreshing-Initiative fort, nach der Verpflichtung von Michael Scafidi Anfang 2025. Das Unternehmen plant, beim Jahreshauptversammlung 2026 wieder auf sieben Vorstandsmitglieder zu gehen. Saga betreibt derzeit 82 FM- und 31 AM-Radiosender in 28 Märkten, mit Fokus auf Rundfunk-Assets und ergänzenden digitalen Initiativen.
قامت Saga Communications (ناسداك: SGA) بتوسيع مجلس إدارتها ليضم ثمانية أعضاء من خلال تعيين غريغ ساذرلاند، الشريك الأول السابق في إرنست وآونغ. ساذرلاند، الذي كان يشغل سابقًا قائد فريق استشارات الاستراتيجية العالمية للأعمال العالمية والأمريكتين في إرنست آند يونغ، يجلب خبرة كبيرة في مجال المجلس والمالية لساجا.
تؤكد هذه التعيينات استمرار مبادرة تجديد المجلس بعد إضافة مايكل سكاфيدي في وقت مبكر من عام 2025. تخطط الشركة للعودة إلى سبعة أعضاء في اجتماع المساهمين السنوي لعام 2026. تدير Saga حاليًا 82 محطة إذاعية بنظام FM و31 بنظام AM عبر 28 سوقًا، مع تركيز على أصول البث ومبادرات رقمية تكميلية.
Saga Communications（纳斯达克：SGA） 已将董事会扩充至八名成员，任命前安永（Ernst & Young）高级合伙人 Gregg Sutherland。Sutherland 此前担任安永全球及美洲区的战略咨询实践领导者，为 Saga 带来丰富的董事会与财务经验。
此次任命延续了 Saga 的董事会刷新计划，此前在 2025 年初已任命 Michael Scafidi。公司计划在 2026 年股东年会上把董事会人数降至七人。Saga 目前在 28 个市场运营 82 个 FM 频道与 31 个 AM 频道，专注于广播资产及互补数字化举措。
- Addition of experienced board member with strong financial and strategy background
- Continued execution of board refreshment initiative shows commitment to governance
- Clear succession planning with defined timeline to return to 7 board members in 2026
- Temporary increase in board size may lead to higher administrative costs
GROSSE POINTE FARMS, Mich., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company,” “Saga,” “we” or “our”) announced today the increase of its number of board members to eight and the appointment of Gregg Sutherland to its Board of Directors.
Mr. Sutherland was previously a Senior Partner at Ernst & Young where he served as the Strategy Consulting Practice Leader, Global and Americas. He was recently appointed as Chair of G2M Insights’ Board of Advisors. He previously served on the Board of Directors at Buckman Laboratories until it was sold to Pritzker Private Capital earlier this year. He holds an MBA from The Wharton School and earned Board Director certification through the National Association of Corporate Directors.
Saga has previously announced its commitment to refreshing the Company’s Board of Directors including adding Michael Scafidi to the Board at the 2025 Annual Shareholder Meeting earlier this year. With Mr. Sutherland’s appointment Saga will increase the size of its Board to 8. Saga’s intent is to return the number of board members to 7 at our 2026 Annual Shareholder Meeting.
Chris Forgy, Saga’s President and CEO stated, “We are delighted to welcome Gregg to Saga’s Board of Directors. Gregg brings a unique blend of boardroom, financial and operations acumen to our board. Saga’s recent additions to the board will greatly assist as we scale our digital and other vertical initiatives.”
Saga is a media company whose business is devoted to acquiring, developing, and operating broadcast properties with a focus on providing opportunities complimentary to our core radio business including digital, e-commerce, local on-line news services, and non-traditional revenue initiatives. Saga owns or operates broadcast properties in 28 markets, including 82 FM and 31 AM radio stations and 79 metro signals. For additional information, contact us at (313) 886-7070 or visit our website at www.sagacom.com.
This press release contains certain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that are based upon current expectations and involve certain risks and uncertainties. Words such as “will,” “may,” “believes,” “intends,” “expects,” “anticipates,” “guidance,” and similar expressions are intended to identify forward-looking statements. The material risks facing our business are described in the reports Saga periodically files with the U.S. Securities and Exchange Commission, including, in particular, Item 1A of our Annual Report on Form 10-K. Readers should note that forward-looking statements may be impacted by several factors, including global, national, and local economic changes and changes in the radio broadcast industry in general as well as Saga’s actual performance. Actual results may vary materially from those described herein and Saga undertakes no obligation to update any information contained herein that constitutes a forward-looking statement.
Contact:
Samuel D. Bush
313/886-7070
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