Nexstar Media Group Extends Employment Agreement With Lee Ann Gliha, Executive Vice President and Chief Financial Officer

Rhea-AI Summary

Nexstar Media Group, Inc. (NXST) extends employment agreement with CFO Lee Ann Gliha, emphasizing her significant leadership role in strategic planning, business development, and mergers and acquisitions. Chairman and CEO Perry Sook praises Gliha's positive impact and financial acumen.

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (Nasdaq: NXST) today announced that it has entered into a multi-year extension of its employment agreement with Executive Vice President and Chief Financial Officer, Lee Ann Gliha. Ms. Gliha will continue reporting to Nexstar’s Chairman and Chief Executive Officer, Perry Sook.

Ms. Gliha joined Nexstar in August 2021 and oversees all financial aspects of the Company’s business, including internal and external financial reporting, internal audit, investor relations, and treasury and capital markets functions, and has a significant leadership role in strategic planning, business development, and mergers and acquisitions.

“Lee Ann has had a positive impact on Nexstar since the day she started two-plus years ago,” said Mr. Sook. “Her leadership, strategic analysis, financial acumen, and ability to forge strong relationships with our investors and shareholders will help Nexstar in the next phase of our growth. Lee Ann is a valued member of the executive team, a trusted advisor to me and Nexstar’s Board of Directors, and we are very pleased to be extending her contract.”

About Nexstar Media Group, Inc.

Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms, including more than 300,000 hours of programming produced annually by its business units. Nexstar owns America’s largest local broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 212 million people. Nexstar’s national television properties include The CW, America’s fifth major broadcast network, NewsNation, America’s fastest-growing national cable news network, popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. The Company’s portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com, are collectively a Top 10 U.S. digital news and information property. For more information, please visit nexstar.tv.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231220487117/en/

Media Contact:

Gary Weitman

EVP & Chief Communications Officer

Nexstar Media Group, Inc.

972/373-8800 or gweitman@nexstar.tv

Investor Contact:

Joe Jaffoni or Jennifer Neuman

JCIR

212/835-8800 or nxst@jcir.com

Source: Nexstar Media Group, Inc.

FAQ

What is the latest announcement from Nexstar Media Group, Inc. (NXST)?

Nexstar Media Group, Inc. (NXST) has extended the employment agreement with its Chief Financial Officer, Lee Ann Gliha, for a multi-year period.

Who is Lee Ann Gliha and what is her role at Nexstar Media Group, Inc. (NXST)?

Lee Ann Gliha is the Executive Vice President and Chief Financial Officer at Nexstar Media Group, Inc. (NXST). She oversees all financial aspects of the company's business, including internal and external financial reporting, internal audit, investor relations, and treasury and capital markets functions. She also plays a significant leadership role in strategic planning, business development, and mergers and acquisitions.

What has Perry Sook, the Chairman and CEO of Nexstar Media Group, Inc. (NXST), said about Lee Ann Gliha?

Perry Sook has praised Lee Ann Gliha for her positive impact on Nexstar since she joined the company two-plus years ago. He emphasized her leadership, strategic analysis, financial acumen, and ability to forge strong relationships with investors and shareholders.

How long has Lee Ann Gliha been with Nexstar Media Group, Inc. (NXST)?

Lee Ann Gliha joined Nexstar Media Group, Inc. (NXST) in August 2021.

What are the key responsibilities of Lee Ann Gliha at Nexstar Media Group, Inc. (NXST)?

Lee Ann Gliha oversees all financial aspects of the company's business, including internal and external financial reporting, internal audit, investor relations, and treasury and capital markets functions. She also has a significant leadership role in strategic planning, business development, and mergers and acquisitions.