He is a managing member of Kindred Capital Advisors LLC and is among the largest shareholders of Cumulus Media through his personal holdings and those held through Kindred.
Now, he’s taken a seat at the publicly traded audio content creation and distribution company’s Board of Directors.
Being welcomed to the Cumulus board by its chairman, Andrew Hobson, is Steven M. Galbraith.
“As a longtime shareholder in the Company, Steve has demonstrated a deep commitment to the company’s success,” said Hobson. “His impressive investment management background and expertise complement the diverse strengths and wide-ranging capabilities of our existing board, and we are excited to leverage his vision and insights to drive growth and capitalize on new opportunities.”
Galbraith previously served as managing member of Herring Creek Capital and was a partner at Maverick Capital. He’s also been a Chief Investment Officer at Morgan Stanley, and served as an Adjunct Professor at Columbia University Business School from 1998 to 2008, where he taught securities analysis. He also previously served as an advisor to the Office of Financial Research, an independent bureau reporting to the U.S. Treasury, established under Dodd-Frank to enhance the stability and transparency of the U.S. financial system.
Galbraith is also a board member of Narragansett Brewing Company, Equity Data Science, and Said Holdings Ltd.
