Sinclair Announces Finance Organization Promotions

Rhea-AI Summary

Sinclair Broadcast Group (NASDAQ: SBGI) has announced several promotions within its finance team. Daniel Gallagher is now VP, Operations Controller; Derek Nance rises to VP, Corporate Controller; Sheila Holland becomes AVP/Digital Controller; Chris Hummel is appointed AVP/Shared Services Controller; Chad Kornke steps up to AVP/Assistant Treasurer; and Billie-Jo McIntire is now AVP, Investor Relations. EVP & CFO Lucy Rutishauser praised the team for their contributions in complex accounting and business improvements as Sinclair continues to evolve.

Positive

• Promotion of key finance personnel enhances operational leadership.
• Recognition of team contributions indicates a strong internal culture.
• Continued evolution and innovation signal potential for future growth.

Negative

• None.

BALTIMORE--(BUSINESS WIRE)-- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), a diversified media company and a leader in local news and sports, announced the following promotions within the company’s finance organization:

• Daniel Gallagher to VP, Operations Controller from Operations Controller
• Derek Nance to VP, Corporate Controller from Corporate Controller
• Sheila Holland to AVP/Digital Controller from Digital Controller
• Chris Hummel to AVP/Shared Services Controller from Senior Regional Controller
• Chad Kornke to AVP/Assistant Treasurer from Assistant Treasurer
• Billie-Jo McIntire to AVP, Investor Relations from Director, Investor Relations

Commenting on the announcement, Lucy Rutishauser, Sinclair’s EVP & Chief Financial Officer said, “We are excited to announce these well-deserved promotions. Each person has contributed in valuable ways including navigating complex accounting treatments, contributing to successful refinancings, executing business process improvements, and onboarding important digital business use cases. We congratulate the team members on their new roles and look forward to their contributions as we continue to evolve and innovate across the company.”

About Sinclair Broadcast Group, Inc.
Sinclair Broadcast Group, Inc. is a diversified media company and a leading provider of local news and sports. The Company owns, operates and/or provides services to 185 television stations in 86 markets; owns multiple national networks including Tennis Channel and Stadium; has TV stations affiliated with all the major broadcast networks and owns and/or operates 21 regional sports network brands. Sinclair’s content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and digital and streaming platforms NewsON and STIRR. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220711005769/en/

Media Contact:

Jessica Bellucci

Jessica@BellucciMedia.com

Source: Sinclair Broadcast Group, Inc.

FAQ

What recent promotions occurred at Sinclair Broadcast Group (SBGI)?

Sinclair Broadcast Group promoted several key finance personnel, including Daniel Gallagher to VP, Operations Controller and Derek Nance to VP, Corporate Controller.

Who is the CFO of Sinclair Broadcast Group (SBGI)?

Lucy Rutishauser is the EVP & Chief Financial Officer of Sinclair Broadcast Group.

How does Sinclair Broadcast Group (SBGI) support its finance operations?

Sinclair supports its finance operations through key promotions and recognizing team contributions in complex accounting and business process improvements.

What is the significance of the promotions at Sinclair Broadcast Group (SBGI)?

The promotions signify internal growth and may enhance the company's operational leadership and financial performance.