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Stock impact report

Nexstar Founder Perry Sook to Stay on as CEO Through 2029 [Yahoo! Finance]

Nexstar Media Group, Inc. - Class A (NXST) 
Last nexstar media group, inc. - class a earnings: 2/26 07:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
Perry Sook at the NATPE Miami - Iris Awards on Jan. 22, 2020. (Photo by Jason Koerner/Getty Images) Nexstar Media Group will continue to be run by CEO Perry A. Sook, whose contract has been extended through March 2029. The chairman founded the media group in 1996 and is also its third-largest shareholder. Nexstar has since become America's largest TV affiliate owner. “As we embark on this next phase of growth for Nexstar, I have never been more energized about the prospects for the industry, for Nexstar and for what Nexstar can become,” Sook said in a Thursday statement. “I look forward to leading the Company to new levels of success and continuing to create value for our shareholders, our advertisers, our employees and the communities we serve.” “The Board is delighted to extend Perry's employment agreement at this pivotal moment for Nexstar and the local broadcast television industry,” Nexstar's Board of Directors Compensation Committee chair Jay M. Grossman added. “Perry's Show less Read more
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