Sinclair Announces Promotions

Rhea-AI Summary

Sinclair Broadcast Group (Nasdaq: SBGI) announced several promotions within its leadership on December 29, 2020. Key promotions include Paul Nesterovsky to SVP of Tax and Ethan Haire to VP of Associate General Counsel, among others. This restructuring aims to enhance operational efficiency and leadership capability across various departments such as Corporate Development and Marketing. Sinclair remains a major player in local news and sports, operating numerous television stations and regional sports networks nationwide.

Positive

• Leadership promotions may bring fresh perspectives and drive operational efficiency.
• Enhanced capabilities in key departments could lead to improved performance.

Negative

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

BALTIMORE, Dec. 29, 2020 /PRNewswire/ -- 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

• Paul Nesterovsky from VP, Tax to SVP, Tax
• Ethan Haire, from Director/Associate General Counsel to VP, Associate General Counsel
• Dan Gallagher from Assistant Operations Controller, to Operations Controller
• Derek Nance from Assistant Corporate Controller, Corporate Controller
• Mike Reed from Sr. Director, Corporate Development to AVP, Corporate Development
• Andrew Schnell from Director, Corporate Development to AVP, Corporate Development

Sinclair Television Group

• Cathy Jamison from VP, Marketing to SVP, Marketing
• Dan Mellon from VP, Sales Transformation to SVP, Sales Transformation
• Antonia DeFeo from AVP, Agency Solutions to VP, Agency Solutions
• Jason Smith from Chief of Staff (to President of Broadcast) to VP, Chief of Staff (to President of Broadcast)
• Skip Flenniken from Sr. Director, Business Development to AVP, Business Development

About Sinclair:
Sinclair is a diversified media company and leading provider of local sports and news. The Company owns and/or operates 23 regional sports network brands; owns, operates and/or provides services to 190 television stations in 88 markets; is a leading local news provider in the country; owns multiple national networks; 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 platforms. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.

 

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SOURCE Sinclair Broadcast Group, Inc.

FAQ

What were the recent management promotions at Sinclair Broadcast Group?

Recent promotions at Sinclair Broadcast Group include Paul Nesterovsky to SVP of Tax and Ethan Haire to VP of Associate General Counsel, effective December 29, 2020.

How might the management changes affect Sinclair Broadcast Group's operations?

The promotions aim to enhance operational efficiency and may bring new perspectives, but they could also cause concerns about continuity in leadership.