RICHARD A. RIDDLE - Corporate Board Profile

SALEM MEDIA GROUP, INC. /DE/

Filing Date	Source Excerpt
2001-04-27	Mr. Riddle has been a director of Salem since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to manufacturing companies. Since 1991 he has been the President of Richray Industries, a holding company for various manufacturing companies. He was President and majority stockholder of I. L. Walker Company from 1988 to 1997 when the company was sold. He also was Chief Operating Officer and majority stockholder of Richter Manufacturing from 1970 to 1987. The Audit Committee currently consists of Messrs. Riddle (Chairman), Hodel and Hinz. The Compensation Committee currently consists of Messrs. Hinz (Chairman), Riddle and Schuchert.
2002-05-01	Mr. Riddle has been a director of Salem since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to manufacturing companies. Since 1991 he has been the President of Richray Industries, a holding company for various manufacturing companies. He was President and majority stockholder of I. L. Walker Company from 1988 to 1997 when the company was sold. He also was Chief Operating Officer and majority stockholder of Richter Manufacturing Corp. from 1970 to 1987. The Audit Committee currently consists of Messrs. Riddle (Chairman), Halvorson and Hodel. The Compensation Committee currently consists of Messrs. Hinz (Chairman), Davenport and Riddle.
2003-04-29	Mr. Riddle has been a director of Salem since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to manufacturing companies. Since 1991 he has been the President of Richray Industries, a holding company for various manufacturing companies. He was President and majority stockholder of I. L. Walker Company from 1988 to 1997 when that company was sold. He also was Chief Operating Officer and majority stockholder of Richter Manufacturing Corp. from 1970 to 1987.
2004-04-23	Mr. Riddle has been a director of Salem since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to individuals and manufacturing companies.
2005-04-18	Richard A. Riddle Mr. Riddle has been a director of Salem since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to individuals and manufacturing companies.
2006-04-24	Mr. Riddle has been a director of Salem since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to individuals and manufacturing companies.
2007-04-27	Mr. Riddle has been a director of the Company since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to individuals and manufacturing companies.
2008-04-25	Richard A. Riddle The Audit Committee currently consists of Messrs. Weinberg (Chairman), Hinz and Riddle, each of whom is independent under the NASDAQ Rules and applicable SEC rules and regulations. The board of directors has determined that Mr. Weinberg, the Audit Committee Chairperson, qualifies as an audit committee financial expert, as defined and required by applicable SEC rules and regulations.
2009-04-24	Richard A. Riddle Mr. Riddle has been a director of the Company since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to individuals and manufacturing companies. He was President and majority stockholder of I. L. Walker Company from 1988 to 1997 when that company was sold. He also was Chief Operating Officer and a major stockholder of Richter Manufacturing Corp. from 1970 to 1987.
2010-04-23	Richard A. Riddle has been a director of the Company since September 1997. ... Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to individuals and manufacturing companies. ... Having an extensive career in financial matters, Mr. Riddle brings to the Board significant financial experience enabling him to assess and provide oversight concerning business and financial matters addressed by the Company. ... The Companys board of directors has three committees: the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee. ... The following table identifies the independent members of the board of directors and lists the members and chairman of each of these committees: ... Richard A. Riddle I X X X ... Audit Committee ... Compensation Committee ... Nominating and Corporate Governance Committee ... Non-employee directors of the Company receive an annual retainer and fees. The following table sets forth the compensation earned by the Companys non-employee directors in 2009: ... Richard A. Riddle Fees Earned ($) 51,775 Stock Awards ($) 360 Option Awards ($) 0 Total ($) 52,135.
2011-04-29	Richard A. Riddle Mr. Riddle has been a director of the Company since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to individuals and manufacturing companies. He was President and majority stockholder of I. L. Walker Company from 1988 to 1997 when that company was sold. He also was Chief Operating Officer and a major stockholder of Richter Manufacturing Corp. from 1970 to 1987. In October 2010, Mr. Riddle joined the board of directors of Truth for Life, a non-profit organization that is a customer of the Company. Having an extensive career in financial matters, Mr. Riddle brings to the Board significant financial experience enabling him to assess and provide oversight concerning business and financial matters addressed by the Company.
2012-04-27	Richard A. Riddle has been a director of the Company since September 1997. The Compensation Committee currently consists of Messrs. Davenport (Chairman), Hinz and Riddle, each of whom is independent under the NASDAQ Rules. The Audit Committee currently consists of Messrs. Weinberg (Chairman), Hinz, Riddle and Venverloh, each of whom is independent under the NASDAQ Rules. The following table identifies the independent members of the board of directors and lists the members and chairman of each of these committees: Richard A. Riddle serves on the Audit, Compensation, and is Chairman of the Nominating and Corporate Governance Committee. Director compensation table shows fees earned by Richard A. Riddle as $53,775 in 2011.
2013-04-08	Richard A. Riddle has been a director of the Company since September 1997. He is Chairman of the Audit Committee and serves on the Compensation Committee and the Nominating and Corporate Governance Committee. Director compensation table shows Richard A. Riddle total compensation $74,950.
2014-04-07	Richard A. Riddle has been a director of the Company since September 1997. He is Chairman of the Audit Committee and a member of the Compensation Committee and Nominating and Corporate Governance Committee. Director compensation table shows Richard A. Riddle Fees Earned $64,000, Option Awards $49,075, Total $113,075.
2015-04-07	Mr. Riddle has been a Director of the Company since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to individuals and manufacturing companies.
2016-04-08	Richard A. Riddle, 71, Director. Serves on Audit Committee (Chairman), Compensation Committee (member), Nominating and Corporate Governance Committee (member). Director compensation in 2015: $75,620.
2017-03-30	Richard A. Riddle 72 1997 Director ...Mr. Riddle has been a Director of the Company since September 1997...Mr. Riddle brings to the Board significant financial experience...The Company’s Board of Directors has three (3) committees: the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee...Richard A. Riddle I X C X Audit Committee Compensation Committee Nominating and Corporate Governance Committee ...Non-employee Directors of the Company receive an annual retainer and fees. The following table sets forth the compensation of the Company’s non-employee Directors in 2016: Richard A. Riddle 53,000
2018-03-29	Mr. Riddle has been a Director since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to individuals and manufacturing companies. He was President and majority stockholder of I.L. Walker Company from 1988 to 1997 when that company was sold. He also was Chief Operating Officer and a major stockholder of Richter Manufacturing Corp. from 1970 to 1987. In October 2010, Mr. Riddle joined the board of directors of Truth for Life, a non-profit organization that is our customer. Additionally, in 2010, Mr. Riddle joined the board of directors of Know the Truth, a non-profit organization that is also one of our customers. Having an extensive career in financial matters, Mr. Riddle brings to the Board significant financial experience enabling him to assess and provide oversight concerning business and financial matters addressed by us.
2019-03-29	Mr. Riddle has been a Director since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to individuals and manufacturing companies. He was President and majority stockholder of I.L. Walker Company from 1988 to 1997 when that company was sold. He also was Chief Operating Officer and a major stockholder of Richter Manufacturing Corp. from 1970 to 1987. In October 2010, Mr. Riddle joined the board of directors of Truth for Life, a non-profit organization that is our customer. Additionally, in 2010, Mr. Riddle joined the board of directors of Know the Truth, a non-profit organization that is also one of our customers. Having an extensive career in financial matters, Mr. Riddle brings to the Board significant financial experience enabling him to assess and provide oversight concerning business and financial matters addressed by us.
2020-03-27	Mr. Riddle has been a Director since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to individuals and manufacturing companies. He was President and majority stockholder of I.L. Walker Company from 1988 to 1997 when that company was sold. He also was Chief Operating Officer and a major stockholder of Richter Manufacturing Corp. from 1970 to 1987. In 2010, Mr. Riddle joined the board of directors of Know the Truth, a non-profit organization that is also one of our customers. Having an extensive career in financial matters, Mr. Riddle brings to the Board significant financial experience enabling him to assess and provide oversight concerning business and financial matters addressed by us.
2021-03-25	The Audit Committee currently consists of Mr. Halvorson (Chairman), Mr. Riddle and Ms. Grizzle, each of whom is independent under the NASDAQ Rules and applicable SEC rules and regulations. The Board of Directors has determined that Mr. Riddle, Halvorson and Ms. Grizzle are independent under the NASDAQ Rules. The following table identifies the independent members of the Board of Directors and lists the members and chairman of each of these committees: Richard A. Riddle is a member of the Audit Committee, Compensation Committee (Chairman), and Nominating and Corporate Governance Committee (Chairman). The 2020 director compensation table shows Mr. Riddle earned $53,500 in fees.
2022-03-23	Mr. Riddle has been a Director since September 1997. Mr. Riddle is an independent businessman specializing in providing financial assistance and consulting to individuals and manufacturing companies. ... The Audit Committee currently consists of Mr. Halvorson (Chair), Mr. Riddle and Ms. Grizzle, each of whom is independent under the NASDAQ Rules and applicable SEC rules and regulations. ... The Compensation Committee currently consists of Mr. Riddle (Chair) and Ms. Grizzle, each of whom is independent under the NASDAQ Rules, including recently adopted compensation committee independence requirements. ... The Nominating and Corporate Governance Committee of the Board of Directors currently consists of Ms. Grizzle (Chair), Mr. Riddle, and Mr. Halvorson, each of whom is independent under the NASDAQ Rules. ... The following table identifies the independent members of the Board of Directors and lists the members and chairman of each of these committees: Richard A. Riddle I X C X
2023-04-03	Richard A. Riddle Mr. Riddle has been a Director since September 1997. Upon conclusion of this review, the Board of Directors determined that, of the Directors up for election at the Annual Meeting, a majority of the Board (consisting of Mr. Riddle, Mr. Halvorson, Ms. Grizzle and Ms. Pick) is independent under the NASDAQ Rules. Our Board of Directors has three (3) committees: the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee. As of March 24, 2023, the following table identifies the independent members of the Board of Directors and lists the members and chairman of each of these committees: Richard A. Riddle is a member of the Audit Committee (member and chairman), Compensation Committee (member), and Nominating and Corporate Governance Committee (member). Non-employee Directors of the Company receive an annual retainer and fees. The following table sets forth the compensation of our non-employee Directors in 2022: Richard A. Riddle: Fees Earned $63,500, Stock Awards $0, Option Awards $0, Total $63,500.