Cumulus Media Inc. announced the appointment of John F. Abbot as Executive Vice President, Treasurer and Chief Financial Officer effective July 1, 2016. Abbot most recently served as Executive Vice President and Chief Financial Officer of Telx Holdings Inc. Abbot, age 53, brings more than 20 years of financial and operations management experience to Cumulus Media as well as an impressive track record of strategic success in various capital market transactions, mergers, acquisitions and integration campaigns. He will be responsible for finance, treasury, accounting, tax, engineering, purchasing, real estate, information technology and systems. Abbot succeeds Joseph P. Hannan, who resigned his position after six years in order to pursue other interests.

Hannan will assist the company for several months to ensure a smooth transition.