SAGA COMMUNICATIONS INC 8-K
Research Summary
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Saga Communications Inc. CEO Christopher Forgy Takes Medical Leave
What Happened
On February 13, 2026, Saga Communications, Inc. (SGA) announced via Form 8-K that Chief Executive Officer Christopher S. Forgy began a temporary medical leave of absence requiring an indefinite recovery period. The company said Mr. Forgy is expected to be available for consultation on significant matters during his recovery. The Board has designated Wayne Leland (Chief Operating Officer) and Samuel D. Bush (Chief Financial Officer) to assist with Mr. Forgy’s responsibilities until he returns.
Key Details
- Date of announcement: February 13, 2026 (Form 8-K filed).
- Executive on leave: Christopher S. Forgy, Chief Executive Officer.
- Interim coverage: Wayne Leland, COO, and Samuel D. Bush, CFO, will handle CEO responsibilities.
- Filing signed by: Samuel D. Bush, Executive Vice President and Chief Financial Officer.
Why It Matters
- Leadership continuity: Management duties have been formally delegated to the COO and CFO, which aims to maintain operational and financial oversight while the CEO is on leave.
- Investor action: This is a material personnel disclosure; shareholders should watch for further updates on Mr. Forgy’s health, any changes in executive authority, or other material filings that could affect strategy or operations.
- No financial results were reported in this filing; it addresses executive availability and corporate governance rather than earnings or revenue.