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Stock impact report

Nexstar Media Group Extends Employment Agreement of President and Chief Executive Officer, Perry A. Sook, Through February 2023

Nexstar Media Group, Inc. (NXST) 
Last nexstar media group, inc. earnings: 2/26 07:04 am Check Earnings Report
Company Research Source: Business Wire
IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (the “Company”) (Nasdaq: NXST), announced today that its Board of Directors has extended the employment agreement of President and Chief Executive Officer, Perry A. Sook through February 28, 2023. In addition to his responsibilities as President and Chief Executive Officer, Mr. Sook also serves as the Company’s Chairman, and has held all three positions since founding the company. Mr. Sook founded Nexstar Media Group in 1996 for the purpose of acquiring and operating network affiliated television stations. Nexstar has grown rapidly since its November 2003 initial public offering with revenue rising from approximately $214 million at the time of the IPO to approximately $2.7 billion in 2018. Today, Nexstar is one of the nation’s largest producers and distributors of local news, lifestyle, sports and network content and upon closing the pending Tribune Show less Read more
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