September 26, 2017 7:26 AM ET

Media

Company Overview of TEGNA Inc.

Company Overview

TEGNA Inc., a media company, operates a portfolio of broadcast stations and digital sites; and provides marketing service solutions for businesses. The company operates 46 television stations in 38 markets that produce local programming, such as news, sports, and entertainment. Its marketing services business provides solutions for clients on multiple channels, including broadcast, online, and OTT. The company provides a range of marketing solutions, including search, e-mail, targeted banner, and social reputation management through owned and third-party services. TEGNA operates CareerBuilder, which provides human capital solutions, such as employment data and labor market analysis software,...

7950 Jones Branch Drive

McLean, VA 22107

United States

Founded in 1906

10,121 Employees

Phone:

703-873-6600

Key Executives for TEGNA Inc.

CEO, President & Director
Age: 58
Total Annual Compensation: $1.5M
Executive VP and CFO
Age: 52
Total Annual Compensation: $1.3M
President of Digital Ventures
Age: 66
Total Annual Compensation: $1.0M
Executive VP and Chief Legal & Administrative Officer
Age: 57
Total Annual Compensation: $1.0M
Compensation as of Fiscal Year 2016.

TEGNA Inc. Key Developments

TEGNA Seeks Acquisitions

TEGNA Inc. (NYSE:TGNA) is seeking acquisitions. "As a result of our very strong growth trajectory and balance sheet, we have the ability to simultaneously make opportunistic share repurchases, reduce debt, and invest in new content and revenue initiatives, all while maintaining the capability to pursue potential significant acquisition opportunities that may develop in our sector." said Dave Lougee, President and Chief Executive Officer of TEGNA.

Tegna Inc. Announces Resignation of Jennifer Dulski from Board of Directors

TEGNA Inc. announced that Jennifer Dulski has resigned from the TEGNA Board to begin a new professional opportunity, effective immediately.

TEGNA Hires Adam Ostrow as Chief Digital Officer

TEGNA Inc. announced that Adam Ostrow is joining the company as chief digital officer. Ostrow, who was previously chief strategy officer at Mashable, will be responsible for creating, evangelizing and implementing TEGNA's digital vision and strategy. He will build on TEGNA's already strong digital assets and products to inform, engage and grow audiences across multiple platforms. Ostrow had been with Mashable since 2007 and was the company's second employee. He was closely involved in virtually all aspects of developing and growing the brand. He most recently served as chief strategy officer and board member, spearheading new growth initiatives across the company including international expansion, e-commerce and creating the Mashable Studios division. He was also responsible for all strategic business development efforts, including content acquisition, distribution and licensing deals with media companies, social networks and OTT platforms. Ostrow joined the company as editor in chief, leading the company's editorial and social strategy while overseeing the newsroom and growing its audience more than tenfold.

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Recent Private Companies Transactions

Type
Date
Target
Buyback
September 19, 2017
--
Merger/Acquisition
June 19, 2017
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Merger/Acquisition
June 9, 2017
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