Nexstar Media Group (NASDAQ: NXST)
has named Lee Ann Gliha, a finance professional with more than two decades of experience, as its new executive vice president and chief financial officer. In her new role, Gliha will be responsible for internal and external financial reporting, internal audit, compliance and controls, investor relations, and treasury and capital markets functions, as well as all other financial aspects of the company; she will also be a key player in strategic planning, business development, and mergers and acquisitions for the company. Gliha has impressive experience in the media, broadcasting and entertainment investing banking space, most recently serving as managing director at Jefferies LLC and, prior to that, Houlihan Lokey. In 2011, she was named to Investment Dealers’ Digest 40 Under 40 Dealmakers List. In addition, she has advised diverse clients and been intricately involved in transactions valued at more than $90 billion. Gliha is taking over for Thomas E. Carter, who last year was named Nexstar Media Group’s president and COO. “Lee Ann is an accomplished finance leader who understands the rapidly evolving media ecosystem and brings extensive industry relationships to her new role at Nexstar,” said Nexstar Media Group president and COO Thomas E. Carter in the press release. “This background will be invaluable to Nexstar’s senior management team, Board of Directors, and our experienced finance team, and will be instrumental in advancing our strategic objectives with the goal of further enhancing shareholder value.”
To view the full press release, visit https://ibn.fm/HVotN
About Nexstar Media Group Inc.
Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Its wholly owned operating subsidiary, Nexstar Media Inc., consists of three divisions: broadcasting, digital and networks. The Broadcasting Division operates, programs or provides sales and other services to 199 television stations and related digital multicast signals reaching 116 markets or approximately 39% of all U.S. television households (reflecting the FCC’s UHF discount). The division’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. The Digital Division operates 120 local websites and 284 mobile apps offering hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content and creating new revenue opportunities for the company. The Networks Division operates “NewsNation,”formerly WGN America, a national news and entertainment cable network reaching 75 million television homes as well as multicast network Antenna TV and WGN Radio in Chicago. Nexstar also owns a 31.3% ownership stake in TV Food Network, a top-tier cable asset. For more information about this company, please visit www.NexStar.tv
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The latest news and updates relating to NXST are available in the company’s newsroom at https://ibn.fm/NXST
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