Sinclair Announces Promotions

Rhea-AI Summary

Sinclair Broadcast Group (Nasdaq: SBGI) has announced promotions for several key executives. Del Parks is elevated to President of Technology, while Mike Kralec becomes SVP, Chief Technology Officer. Jason Smith takes the lead in New Media Enterprises as Head, and Skip Flenniken is named VP, GM of Technology Business Development. In addition, Kevin Cotlove becomes COO of Social, with Amit Mathur named Chief Digital Officer, and Don Roberts rises to SVP, TV Sports Engineering and Production Systems. The changes are part of Sinclair's strategy to evolve and innovate in the media industry.

Positive

• Promotions may bring fresh perspectives and strengthen leadership.
• Del Parks' long tenure suggests stability and a deep understanding of the company's operations.

Negative

• Management changes could bring concerns about continuity and experience gaps.

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.

Sinclair Broadcast Group

• Del Parks to President of Technology from EVP/Chief Technology Officer
• Mike Kralec to SVP, Chief Technology Officer from VP, Technical Operations and Deputy Chief Technology Officer
• Jason Smith to Head of New Media Enterprises from VP, Chief of Staff to President of Broadcast
• Skip Flenniken to VP, GM of Technology Business Development from AVP, Business Development

Sinclair Television Group

• Kevin Cotlove to EVP, Chief Operating Officer of Social from SVP, Chief Digital Officer
• Amit Mathur to SVP, Chief Digital Officer from SVP, Product Engineering
• Don Roberts to SVP, TV Sports Engineering and Production Systems from VP, TV Sports Engineering and Production Systems

“We are thrilled to recognize these individuals, especially Del Parks who recently celebrated 50 years with the Company and was key in building not only our broadcast operations but Sinclair, as we grew from one television station in Baltimore to one of the largest 500 companies in the country and an industry leader,” said Chris Ripley, President & CEO of Sinclair. “We congratulate all these individuals on their new roles and look forward to their contributions as we continue to evolve and innovate.”

About Sinclair:

Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) is a diversified media company and a leading provider of local sports and news. The Company owns and/or operates 21 regional sports network brands; owns, operates and/or provides services to 185 television stations in 86 markets, owns multiple national networks including Tennis Channel and Stadium; and has TV stations affiliated with all the major broadcast networks. 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/20220302005857/en/

Media Contact:

Michael Padovano

mpadovano@5wpr.com

Source: Sinclair Broadcast Group, Inc.

FAQ

What management changes were announced by Sinclair Broadcast Group on Nasdaq: SBGI?

Sinclair Broadcast Group announced several promotions, including Del Parks to President of Technology, Mike Kralec to SVP, Chief Technology Officer, among others.

Why did Sinclair Broadcast Group promote Del Parks?

Del Parks was promoted to President of Technology in recognition of his 50 years with the company and his significant contributions to its growth.

How might the management changes impact Sinclair Broadcast Group?

The changes could lead to fresh perspectives in leadership, but may also raise concerns about continuity and the experience of new appointees.