The week may be coming to a close, but investors are going to continue to hunt for the latest stocks to track this morning, and one of the companies that could be worth tracking is Salem Media Group Inc. (OTCQX: SALM). On Thursday the company hit the news cycle after it made a key new announcement with regards to a new appointment. Let’s take a closer look.
New Appointment
Yesterday, Salem Media Group hit the news cycle after it announced the appointment of a new general manager of WMCA-AM 570 The Mission, WNYM-AM 970 The Answer, and Salem Surround in New York, in the form of Laura Sheaffer. The announcement was a significant one from the company and could prove to be a reason behind further interest from investors over the course of the coming days.
Credentials of Sheaffer
In the news release, Salem Media Group announced that the new general manager had served the New York market in a range of capacities over the past decade. Her most recent role was as the general sales manager of the company. It was also noted that Sheaffer’s proven track record of success had also been a reason behind the appointment.
Key Quote
Sheaffer stated, “After working with Jerry Crowley and the team at Salem Media New York for the past decade, I’m honored to advance as the next General Manager and lead WMCA-AM 970. The Answer, WNYM-AM 570 The Mission, and Salem Surround New York to the next level. I’ve learned from the best and plan to continue to build upon the established momentum for a strong and successful future. It is a privilege to lead such a talented team and deliver quality and impactful programming through our two stations and streaming platforms. The staff, on-air personalities, and clients make it all worth it; I am excited about the journey ahead.”
