Business Context and Reporting Period
This Form 8-K Current Report was filed by iHeartMedia, Inc. on April 6, 2015, covering the event date of March 31, 2015. The filing addresses corporate governance changes regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to Item 5.02 regarding officer departures and does not contain financial statements.
Material Changes
On March 31, 2015, Mark P. Mays, a current member of the Board of Directors, indicated his intention not to stand for re-election at the Company's upcoming annual meeting of stockholders.
Management Commentary and Risks
Mr. Mays informed the Company that his decision not to stand for re-election is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. No other risks, contingencies, or unusual items were disclosed in this filing.
Key Facts for Investors
- Mark P. Mays will not seek re-election to the Board of Directors.
- The departure is voluntary and not due to any disagreement with company management or policy.
- No financial data or operational metrics are included in this specific filing.