Salon Founder David Talbot Returns to the Helm on Interim Basis

According to an 8'K filing with the SEC:

"On July 7, 2011, Salon Media Group, Inc. (the “Company”) appointed David Talbot, a member of the Company’s Board of Directors, as interim chief executive officer (CEO) of the Company succeeding Mr. Richard Gingras who resigned from his position as the CEO and Director of the Company on June 21, 2011, effective as of July 8, 2011. Mr. Talbot will serve as the Company’s CEO until the Company completes the process of hiring a longer term CEO.

"Mr. Talbot has not entered into a written agreement with the Company and the terms of his compensation for his service are not yet subject to mutual agreement. The Company will disclose the terms of Mr. Talbot’s compensation arrangements as interim CEO once they have been finalized.

"Mr. Talbot, age 59, served as the Company’s CEO from 1995 through April 1999 and again from October 2003 through February 2005. He was the Chairman of the Board of Directors from April 1999 through December 2006. He served as Editor-in-Chief from the Company’s incorporation in 1995 through February 2005. More recently, Mr. Talbot has been an author of books and articles for numerous publications including Time, The New Yorker and Rolling Stone. Additionally, in July 2007, Mr. Talbot joined Fenton Communications as a Senior Vice President and, in 2008, he co-founded a media company, The Talbot Players, which produces books, documentaries and TV series. Mr. Talbot holds a Bachelor of Arts degree in Sociology from the University of California at Santa Cruz."