Scripps shareholders add two directors to company board

Rhea-AI Summary

On May 3, 2022, shareholders of The E.W. Scripps Company (NASDAQ: SSP) elected two new members, Burton Jablin and Leigh Radford, to the board of directors. Jablin, a seasoned programming executive, previously led Scripps Networks Interactive before its acquisition by Discovery Communications. Radford, a retired senior VP from Procter & Gamble, has considerable experience in consumer brand marketing. Their appointments aim to strengthen Scripps' media industry expertise as the company navigates ongoing evolution.

Positive

• Burton Jablin brings extensive media industry experience, having launched HGTV and served as COO of Scripps Networks Interactive.
• Leigh Radford's background includes building billion-dollar businesses at Procter & Gamble, enhancing Scripps' brand marketing capabilities.

Negative

• Wonya Lucas, who did not stand for re-election, was a notable board member whose departure may impact board diversity and insights.

CINCINNATI, May 3, 2022 /PRNewswire/ -- Shareholders of The E.W. Scripps Company (NASDAQ: SSP) on Monday elected two new members to the company's board of directors during the annual shareholder meeting.

Burton Jablin, 62, and Leigh Radford, 57, will join the board, effective immediately. Jablin was elected by the Class A shareholders, and Radford was elected by the common voting shareholders. Wonya Lucas, president and CEO of Crown Media Family Networks, did not stand for re-election to the Scripps board.

Jablin has a long history of leadership roles with Scripps, including as a programming executive who helped launch HGTV in the early 1990s. Scripps spun off its cable networks into a new public company, Scripps Networks Interactive (SNI), in 2008. Jablin served as president of SNI and then as chief operating officer until it was acquired by Discovery Communications in 2018. He began his career in local broadcast journalism and holds a Bachelor of Arts degree from Harvard University.

Radford is a retired senior vice president of Procter & Gamble and was founder of P&G Ventures, an early-stage start-up studio within the company. Over her 30-plus-year career at P&G, she built multiple billion-dollar businesses across a range of countries and categories. She also serves on the board of the $7 billion nonprofit Goodwill Industries International. She holds a Bachelor of Science degree from the University of Florida and a master's in business administration from the Kellogg Graduate School of Management at Northwestern University.

"We are thrilled that Scripps shareholders have elected two such esteemed professionals to the company's board of directors," said Adam Symson, Scripps president and CEO. "Burton and Leigh bring us a great depth of experience and insight into consumer brand marketing and the media industry. Both have led accomplished professional lives with expertise that will help guide Scripps through its ongoing evolution."

Lucas joined the board in 2019, when she was president and CEO of Public Broadcasting Atlanta.

About Scripps
The E.W. Scripps Company (NASDAQ: SSP) is a diversified media company focused on creating a better-informed world. As one of the nation's largest local TV broadcasters, Scripps serves communities with quality, objective local journalism and operates a portfolio of 61 stations in 41 markets. The Scripps Networks reach nearly every American through the national news outlets Court TV and Newsy and popular entertainment brands ION, Bounce, Defy TV, Grit, ION Mystery, Laff and TrueReal. Scripps is the nation's largest holder of broadcast spectrum. Scripps runs an award-winning investigative reporting newsroom in Washington, D.C., and is the longtime steward of the Scripps National Spelling Bee. Founded in 1878, Scripps has held for decades to the motto, "Give light and the people will find their own way."

 

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SOURCE The E.W. Scripps Company

FAQ

Who are the new directors elected by Scripps shareholders on May 3, 2022?

Burton Jablin and Leigh Radford were elected as new directors.

What is the significance of the new board members for The E.W. Scripps Company?

Their experience in media and brand marketing is expected to guide Scripps through ongoing industry changes.

What positions did the new directors, Jablin and Radford, hold before joining the Scripps board?

Burton Jablin was the COO of Scripps Networks Interactive, and Leigh Radford was a senior VP at Procter & Gamble.

When did shareholders elect the new board members for Scripps?

The new board members were elected on May 3, 2022.