nexstar broadcasting group-a (NXST) Key Developments
Nexstar Broadcasting Seeks Acquisitions
Apr 30 15
Perry Sook, Chief Executive Officer of Nexstar Broadcasting Group, Inc. (NasdaqGS:NXST) told "We are opportunistic, and acquisitions need to be accretive to our current shareholder base. Scale is a positive byproduct of making accretive acquisitions. This isn't just a last two- or three-year story. We've been acquiring television stations since we started."
Nexstar Broadcasting Group, Inc. Announces Quarterly Cash Dividend for 2015, Payable on May 29, 2015
Apr 24 15
Nexstar Broadcasting Group, Inc. announced that its board of directors declared a quarterly cash dividend of $0.19 per share of its Class A common stock. The dividend is payable on May 29, 2015, to shareholders of record on May 15, 2015.
Nexstar Broadcasting Promotes Joseph Denk to Vice President and General Manager of Memphis/Jackson, Tennessee Television and Digital Operations
Apr 17 15
Nexstar Broadcasting Group, Inc. announced that Joseph E. Denk has been promoted to Vice President and General Manager of WATN-TV (ABC) and WLMT-TV (CW) serving the Memphis, TN DMA (#50), and WJKT-TV
(FOX) serving the Jackson, TN DMA (#176), and the stations associated digital services including LocalMemphis.com. Since 2011, Mr. Denk has served as Vice President and General Manager of the Nexstar-owned CBS affiliates WFRV-TV serving Green Bay, Wisconsin (DMA #68) and WJMN-TV serving Marquette, Michigan (DMA #180). Mr. Denk will assume his new responsibilities immediately and he will continue to report to Timothy Busch, Co-Chief Operating Officer of Nexstar Broadcasting. Joe Denk has 33 years of combined broadcast television and sales management experience with the past 7 years at Nexstar Broadcasting.
Nexstar Broadcasting Group, Inc. Names Theresa Underwood Senior Vice President and Regional Manager
Apr 3 15
Nexstar Broadcasting Group, Inc. announced that Theresa Underwood has been named as Senior Vice President and Regional Manager, responsible for overseeing strategic planning and business development of the company’s broadcast and digital operations in the Northeast. Since 2000, Ms. Underwood has served as Vice President /General Manager of Nexstar-owned WSYR-TV (ABC) and LocalSYR.com serving the Syracuse, NY DMA #84. The appointment is effective immediately and Ms. Underwood will report to Tim Busch, Co-Chief Operating Officer of Nexstar. Ms. Underwood s promotion reflects Nexstar s expanding scale and strategy to appoint proven broadcast and digital media leaders to oversee assets on a regional basis while enhancing its commitment to serve viewers, clients, and advertising partners across its on-air and digital media platforms. In her new role, Ms. Underwood will oversee Nexstar east regional markets in New York, Pennsylvania and Vermont. Ms. Underwood will work across the Nexstar organization and with other corporate personnel to administer policies and procedures to improve operating efficiencies and the effectiveness and service of the company s operations. Additionally, she will be responsible for executing and monitoring action plans aimed at
achieving corporate and regional business objectives and financial goals.
Nexstar Broadcasting Group, Inc. Names Judson 'Jud' Beck as Vice President and General Manager of La Crosse-Eau Claire, Wisconsin Television and Digital Operations
Mar 20 15
Nexstar Broadcasting Group, Inc. announced that Judson 'Jud' Beck has been appointed Vice President and General Manager of Fox affiliates WLAX-TV and WEUX-TV, as well as the stations’ associated digital broadcast, web and mobile services under the La Crosse-Eau Claire, WI market (DMA #128). The appointment is effective immediately and Mr. Beck will report to Bill Sally, Senior Vice President and Regional Manager of Nexstar Broadcasting. Prior to joining Nexstar, Jud was Midwest Director and General Sales Manager of Living Social. Under his leadership at Living Social, Mr. Beck produced double-digit annual revenue growth by restructuring staffing, selling techniques and strategies as well as producing successful partnerships with multiple local and national retailers.