Deals

Tribune Media CEO Departs as Deals Seen Picking Up Under Trump

Director Peter Kern will serve as interim CEO during search
Liguori sold Tribune’s Gracenote to Nielsen last month

Peter Liguori
Photographer: Daniel Acker/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Paul Barbagallo

January 25, 2017 at 1:10 PM UTC

Updated on

January 25, 2017 at 5:03 PM UTC

This article is for subscribers only.

Peter Liguori is stepping down as chief executive officer of Tribune Media Co. as the company refocuses on TV broadcasting and searches for deals in a looser regulatory environment under President Donald Trump.

Liguori, who has been CEO since 2013, will also resign from the board of directors following Tribune’s fourth-quarter and full-year earnings release, expected in March, according to a statement Wednesday. Peter Kern, a board director with 25 years experience as an investor and M&A adviser, will serve as interim chief executive while Tribune Media looks for a replacement.