Nexstar Media Group, Inc. Announces Executive Changes
July 26, 2021 at 04:30 pm IST
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Nexstar Media Group, Inc. announced that Lee Ann Gliha has been named Chief Financial Officer, effective August 9, 2021. Ms. Gliha will oversee all financial aspects of the company’s business, including internal and external financial reporting, internal audit, compliance and controls, investor relations, and treasury and capital markets functions, and will take a prominent role in strategic planning, business development, and mergers and acquisitions. Ms. Gliha will assume the CFO role from Thomas E. Carter, who was named President and Chief Operating Officer in October 2020 and has served as the company’s Executive Vice President and Chief Financial Officer since joining the company in 2009. Ms. Gliha brings more than 20 years of experience in media, broadcasting, and entertainment investment banking to her new role at Nexstar, serving most recently as a Managing Director at Jefferies LLC., since 2016. Over the course of her career, she has advised a wide range of clients and structured transactions worth more than $90 billion, primarily in the technology, media, and telecommunications (TMT) sector, including mergers, acquisitions, divestures, and debt and equity financings.
Nexstar Media Group, Inc. is a diversified media company with television broadcasting, television network and digital media assets operating in the United States. The Company produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms. The Companyâs segments include Broadcast and The CW Network, LLC (The CW). The Broadcast segment includes television stations and related local websites that Company owns, operates, programs or provides sales and other services to in various markets across the United States, NewsNation, a national cable news network, two owned and operated digital multicast networks and other multicast network services, and WGN-AM, a Chicago radio station. The CW segment is a broadcast network in the United States. The other activities of the Company include digital businesses focused on the national marketplace and the management of certain real estate assets.