Citadel Broadcasting has a heavy watch alert, with the announcement of a new president the stock moved from .079/shr to .17/shr and volume skyrocketed from a 10 day ave of 952k to 12.8mm today.
LAS VEGAS, Oct. 8 /PRNewswire-FirstCall/ -- Citadel Broadcasting Corporation (OTC Bulletin Board: CTDB - News) today announced that John Rosso has been appointed President of Citadel Media, the company's national programming and network division. In his new role, Rosso will oversee the radio network that includes ABC News Radio, ESPN Audio, and nine 24-hour formats. Citadel Media also distributes The Michael Baisden Show, The Mark Levin Show, Radio Perez with Perez Hilton, Imus in the Morning, Rick Dees Weekly Top 40, American Country Countdown with Kix Brooks and many other national programs. Citadel Media reaches 111 million listeners each week through more than 4,400 affiliate stations.
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