Salem Media Group, Inc. Appoints Richard von Gnechten and Jim Renacci to its Board of Directors
Salem Media Group (OTCQX: SALM) has announced the appointment of Richard von Gnechten and Jim Renacci to its Board of Directors, effective January 7, 2025. Both appointees will stand for election at the 2025 Annual Meeting of Stockholders.
Von Gnechten, currently WaterStone's Chief Operating Officer and Chief Gift Strategist, brings nearly three decades of senior financial executive experience. His background includes growing assets under management from $400 million to $1.2 billion as CFO/COO for a registered investment advisor, and serving as CFO for a $2 billion NYSE-listed company.
Renacci, a former U.S. Congressman who served on key committees including Ways and Means and Financial Services, brings 30 years of business experience. He has owned and operated over 60 entities, created more than 1,500 jobs, and has extensive experience in healthcare management, mergers & acquisitions, and various business sectors.
Salem Media Group (OTCQX: SALM) ha annunciato la nomina di Richard von Gnechten e Jim Renacci nel suo Consiglio di Amministrazione, con effetto dal 7 gennaio 2025. Entrambi i nominati si sottoporranno a elezione durante l'Assemblea Annuale degli Azionisti del 2025.
Von Gnechten, attualmente Chief Operating Officer e Chief Gift Strategist di WaterStone, porta con sé quasi tre decenni di esperienza come dirigente finanziario di alto livello. Il suo background include l'aumento degli asset gestiti da 400 milioni a 1,2 miliardi di dollari in qualità di CFO/COO per un consulente d'investimento registrato e il ruolo di CFO per una compagnia quotata in borsa da 2 miliardi di dollari.
Renacci, un ex Congresso degli Stati Uniti che ha servito in comitati chiave come Ways and Means e Servizi Finanziari, porta 30 anni di esperienza aziendale. Ha posseduto e gestito oltre 60 entità, creato più di 1.500 posti di lavoro e vanta una vasta esperienza nella gestione sanitaria, fusioni e acquisizioni, e vari settori imprenditoriali.
Salem Media Group (OTCQX: SALM) ha anunciado el nombramiento de Richard von Gnechten y Jim Renacci a su Junta Directiva, con efecto a partir del 7 de enero de 2025. Ambos nombrados se presentarán a elección en la Reunión Anual de Accionistas de 2025.
Von Gnechten, actualmente Director de Operaciones y Estratega Principal de Regalos de WaterStone, aporta casi tres décadas de experiencia como ejecutivo financiero senior. Su trayectoria incluye el crecimiento de activos bajo gestión de 400 millones a 1.2 mil millones de dólares como CFO/COO de un asesor de inversión registrado, y haber sido CFO de una empresa listada en NYSE con un valor de 2 mil millones de dólares.
Renacci, un excongresista de EE. UU. que sirvió en comités clave como Medios y Recursos y Servicios Financieros, aporta 30 años de experiencia empresarial. Ha sido propietario y operador de más de 60 entidades, ha creado más de 1,500 empleos y tiene una amplia experiencia en gestión de salud, fusiones y adquisiciones, y diversos sectores empresariales.
Salem Media Group (OTCQX: SALM)는 Richard von Gnechten과 Jim Renacci를 이사회의 새로이 임명한다고 발표했습니다. 이들은 2025년 1월 7일부터 유효하며, 2025년 주주연합회에서 선출될 것입니다.
현재 WaterStone의 최고 운영 책임자이자 주요 기부 전략가인 Von Gnechten은 30년에 가까운 고위 재무 임원 경력을 가지고 있습니다. 그는 등록된 투자 자문사의 CFO/COO로서 관리 중인 자산을 4억 달러에서 12억 달러로 성장시키고, 20억 달러 가치의 NYSE 상장 회사의 CFO로 재직한 경력을 갖고 있습니다.
Renacci는 미국 하원의원으로서 중요한 위원회인 재정위원회 및 금융 서비스위원회에서 근무한 경력을 가지고 있으며, 30년 이상의 비즈니스 경험을 보유하고 있습니다. 그는 60개 이상의 회사를 소유 및 운영했으며, 1,500개 이상의 일자리를 창출하고 의료 관리, 인수 합병 및 다양한 비즈니스 분야에서 폭넓은 경험을 가지고 있습니다.
Salem Media Group (OTCQX: SALM) a annoncé la nomination de Richard von Gnechten et de Jim Renacci au sein de son conseil d'administration, à compter du 7 janvier 2025. Les deux personnes nommées seront candidates lors de l'Assemblée Générale Annuelle des Actionnaires de 2025.
Von Gnechten, actuellement Directeur des Opérations et Stratège Principal en Matière de Dons chez WaterStone, apporte près de trois décennies d'expérience en tant que cadre financier de haut niveau. Son parcours inclut la croissance des actifs gérés de 400 millions à 1,2 milliard de dollars en tant que CFO/COO d'un conseiller en investissement enregistré, ainsi que le poste de CFO d'une société cotée en bourse de 2 milliards de dollars.
Renacci, ancien membre du Congrès américain ayant siégé dans des comités clés tels que Ways and Means et Services Financiers, apporte 30 ans d'expérience dans le monde des affaires. Il a possédé et géré plus de 60 entités, créé plus de 1 500 emplois et possède une vaste expérience dans la gestion de la santé, les fusions et acquisitions ainsi que dans divers secteurs d'activité.
Salem Media Group (OTCQX: SALM) hat die Ernennung von Richard von Gnechten und Jim Renacci in seinen Vorstand angekündigt, wirksam ab dem 7. Januar 2025. Beide Ernennungen werden bei der Jahreshauptversammlung der Aktionäre 2025 zur Wahl stehen.
Von Gnechten, der derzeit als Chief Operating Officer und Chief Gift Strategist bei WaterStone tätig ist, bringt fast drei Jahrzehnte Erfahrung als leitender Finanzexecutive mit. Seine Vorgeschichte umfasst das Wachstum des verwalteten Vermögens von 400 Millionen auf 1,2 Milliarden Dollar als CFO/COO eines registrierten Anlageberaters sowie die Tätigkeit als CFO für ein an der NYSE börsennotiertes Unternehmen mit einem Wert von 2 Milliarden Dollar.
Renacci, ein ehemaliger US-Kongressabgeordneter, der in wichtigen Ausschüssen wie Finanzausschuss und Dienstleistungen tätig war, bringt 30 Jahre Erfahrung in der Wirtschaft mit. Er hat über 60 Unternehmen besessen und betrieben, mehr als 1.500 Arbeitsplätze geschaffen und umfassende Erfahrung im Gesundheitsmanagement, in Fusionen und Übernahmen sowie in verschiedenen Wirtschaftsbereichen gesammelt.
- Appointment of two highly experienced board members with extensive financial and business backgrounds
- Von Gnechten's proven track record of growing assets under management from $400M to $1.2B
- Renacci's extensive business portfolio with creation of 1,500+ jobs and management of 60+ entities
- Addition of regulatory expertise through Renacci's congressional experience on key financial committees
- None.
Richard von Gnechten (Photo: Business Wire)
Salem Media Group’s Executive Chairman, Edward G. Atsinger III, offered the following comment on these Board appointments: “I am delighted that Messrs. von Gnechten and Renacci have agreed to serve on Salem’s Board of Directors. Any shareholder who will take the time to review their backgrounds further, much of which is readily available online, will quickly come to appreciate what a tremendous resource they will be to Salem Media Group as members of its Board of Directors.”
Rick von Gnechten
Mr. von Gnechten serves as WaterStone’s Chief Operating Officer and Chief Gift Strategist. He has a passion for helping Christian leaders realize their Kingdom calling to fulfill the Great Commandment and Great Commission.
Mr. von Gnechten has nearly three decades of senior financial executive experience for public (NYSE, OTC), private, Fortune 600, emerging growth, and international companies in various industries, including financial services, energy, real estate/construction, healthcare, software, diversified business and non-profit.
Prior to joining WaterStone, Mr. von Gnechten spent 10 years as CFO/COO for a registered investment advisor, growing assets under management from
Mr. von Gnechten has also served as CFO for a
Mr. von Gnechten has served on numerous boards (public and private), including nine years for two different Christian schools. He is a two-time graduate and trained coach of The Master’s Program. He has taught Investment and Strategic Planning as adjunct faculty for undergraduates and MBA students. Mr. von Gnechten has served as a deacon and Sunday School teacher for his Church.
Mr. von Gnechten holds an MBA from Dartmouth’s Tuck School of Business, is a Financial Management Program graduate of Stanford’s Graduate School of Business and holds a BA in Economics from the University of
Jim Renacci
Along with a BS in Business Administration and 30 years of business experience, Mr. Renacci is a former Member of the United States Congress who served on the Ways and Means Committee, Financial Services Committee, and Budget Committee. While a member of the Financial Services Committee Mr. Renacci was Vice Chairman of the Banking Sub Committee. During his tenure in
About Salem Media Group, Inc.:
Salem Media Group is America’s leading multimedia company specializing in Christian and conservative content, with media properties comprising radio, digital media and book and newsletter publishing. Each day Salem serves a loyal and dedicated audience of listeners, readers and viewers numbering in the millions nationally. With its unique content focus, Salem provides compelling audio and video programming, text content, fresh commentary and relevant information from some of the most respected figures across the Christian and conservative media landscape. Learn more about Salem Media Group, Inc. at www.salemmedia.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250107626838/en/
Company Contact:
Evan D. Masyr
Executive Vice President and Chief Financial Officer
(805) 384-4512
evan@salemmedia.com
Source: Salem Media Group, Inc.
FAQ
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