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ETM > SEC Filings for ETM > Form 8-K on 7-Mar-2014All Recent SEC Filings




Change in Directors or Principal Officers

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d) Election of New Director

On March 6, 2014, the Board of Directors (the "Board") of Entercom Communications Corp. (the "Company"), upon the recommendation of the Board's Nominating / Corporate Governance Committee, increased the size of the Company's Board of Directors from six to seven persons. The Board then, upon the recommendation of the Board's Nominating / Corporate Governance Committee, elected Mark R. LaNeve as a Director of the Company to fill the newly created vacancy. Mr. LaNeve will serve until the 2014 annual meeting of shareholders or until his successor is duly elected and qualified. Mr. LaNeve has not yet been appointed to serve on any Board committee.

Since August 2012, Mr. LaNeve has been serving as Chief Operating Officer of Global Team Ford, an agency that serves as the marketing and advertising agency for the Ford Motor Company and the Ford and Lincoln brands on a global basis. Global Team Ford is part of the WPP Group, a multinational advertising and public relations company. Mr. LaNeve was previously with Allstate Insurance Corporation where he served as Senior Executive Vice President (January 2011-February 2012) and Chief Marketing Officer (October 2009-February 2012). Prior to joining Allstate, Mr. LaNeve was Vice President of Sales, Service and Marketing at General Motors Corporation (September 2004-January 2009). Mr. LaNeve currently serves on the Board of Directors of Autism Speaks.

Mr. LaNeve is not a party to any transaction with the Company that would require disclosure under Item 404(a) of Securities and Exchange Commission's Regulation S-K. There are no arrangements or understandings between Mr. LaNeve and any other persons pursuant to which he was selected as a director.

Mr. LaNeve will be compensated pursuant to the Company's Non-Employee Director Compensation Policy. In addition, upon his election to the Board, Mr. LaNeve was awarded an initial equity compensation grant of 6,924 restricted stock units pursuant to the Entercom Equity Compensation Plan. The terms of such equity awards are as otherwise provided in the Non-Employee Director Compensation Policy.


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