Last week, SAGA Communications announced that its Founder, Chairman, President, and CEO Ed Christian passed away on Friday, August 19th after a brief illness. Christian founded the company in 1986. Today, Saga owns or operates broadcast properties in 27 markets, including 79 FM radio stations, 35 AM radio stations, and 80 metro signals. The company became a publicly traded company in 1992 and continues to be traded under the ticker symbol “SGA” on the Nasdaq stock exchange.
David Donovan, President of NYSBA stated, “Ed was a strong supporter of the New York State Broadcasters Association. He built SAGA into one of the most preeminent radio companies in the country. His leadership in New York and across the country will be missed.”
Warren Lada, a member of SAGA Communications’ Board of Directors and former COO, has been appointed by the board to serve as the Interim CEO. “The Board is confident that Warren’s vast experience in the broadcast industry as a Sales Representative, Sales Manager, General Manager, Vice President of Operations, and ultimately as COO of the company will fill the void that Ed leaves as the company prepares for the next chapter in ‘SAGA’s ongoing adventure.’”
In a press release, SAGA said: “The broadcast industry has lost a pioneer and giant. Ed will be missed but not forgotten. He is and was a true radio broadcaster that never lost sight of his ‘true north’ in an industry he loved.” We couldn’t agree more.
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