September 29, 2016 1:06 PM ET

Media

Company Overview of TEGNA Inc.

Company Overview

TEGNA Inc. engages in media and digital businesses in the United States. The company operates in two segments, Media and Digital. It operates 46 television stations that produce local programming, such as news, sports, and entertainment. The company also operates Cars.com, an online destination for automotive consumers that offers information about car shopping, selling, and servicing; CareerBuilder, which provides human capital solutions, such as employment data and labor market analysis software, talent management software, and other advertising and recruitment solutions; G/O Digital that provides digital marketing services for local businesses; and Cofactor, a digital marketing company th...

7950 Jones Branch Drive

McLean, VA 22107

United States

Founded in 1906

10,020 Employees

Phone:

703-854-6000

Key Executives for TEGNA Inc.

Chief Executive Officer, President, Director, Member of Executive Committee, Member of Transformation Committee and Member of Executive Compensation Committee
Age: 64
Total Annual Compensation: $3.8M
Chief Financial Officer and Executive Vice President
Age: 51
Total Annual Compensation: $1.4M
President of Media
Age: 57
Total Annual Compensation: $1.4M
President of Digital Ventures
Age: 65
Total Annual Compensation: $1.1M
Chief Legal & Administrative Officer and Executive Vice President
Age: 56
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2015.

TEGNA Inc. Key Developments

TEGNA Inc. - Special Call

To discuss that the company intends to spin-off Cars.com from TEGNA, creating two independent publicly traded companies

TEGNA Inc. Announces Executive Changes

TEGNA Inc. announced that Gracia C. Martore, president, chief executive officer and a member of the Board of Directors of TEGNA, will retire upon the closing of the spin-off, which is expected to take place in the first half of 2017. After more than 31 years of service to TEGNA and its predecessor Gannett Co. Inc., Gracia Martore plans to retire as president, chief executive officer and a member of the Board of Directors upon the closing of the spin-off. Upon Martore’s retirement, Dave Lougee will assume the role of chief executive officer and president of TEGNA and Alex Vetter will serve as chief executive officer and president of Cars.com. Lougee and Vetter will also serve on the Boards of TEGNA and Cars.com, respectively. Dave Lougee currently serves as president of TEGNA Media, overseeing the 46 television stations the company owns or services.

TEGNA Evaluates Strategic Alternatives For CareerBuilder

TEGNA Inc. (NYSE:TGNA) announced that it is evaluating strategic alternatives for CareerBuilder, LLC.

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Recent Private Companies Transactions

Type
Date
Target
Spin-Off/Split-Off
September 7, 2016
Cars.com, LLC
Private Placement
June 24, 2016
Digital Entertainment Corporation of America
Merger/Acquisition
March 21, 2016
Sightline Media Group, LLC
 

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