Nexstar Media Group Management

Management criteria checks 3/4

Nexstar Media Group's CEO is Perry Sook, appointed in Jan 1996, has a tenure of 28.83 years. total yearly compensation is $29.11M, comprised of 9.6% salary and 90.4% bonuses, including company stock and options. directly owns 5.32% of the company’s shares, worth €266.05M. The average tenure of the management team and the board of directors is 2.8 years and 9.1 years respectively.

Key information

Perry Sook

Chief executive officer

US$29.1m

Total compensation

CEO salary percentage9.6%
CEO tenure28.8yrs
CEO ownership5.3%
Management average tenure2.8yrs
Board average tenure9.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Perry Sook's remuneration changed compared to Nexstar Media Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$578m

Jun 30 2024n/an/a

US$432m

Mar 31 2024n/an/a

US$410m

Dec 31 2023US$29mUS$3m

US$346m

Sep 30 2023n/an/a

US$435m

Jun 30 2023n/an/a

US$699m

Mar 31 2023n/an/a

US$830m

Dec 31 2022US$39mUS$2m

US$971m

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$913m

Mar 31 2022n/an/a

US$886m

Dec 31 2021US$21mUS$2m

US$834m

Sep 30 2021n/an/a

US$935m

Jun 30 2021n/an/a

US$956m

Mar 31 2021n/an/a

US$855m

Dec 31 2020US$24mUS$2m

US$812m

Sep 30 2020n/an/a

US$560m

Jun 30 2020n/an/a

US$364m

Mar 31 2020n/an/a

US$332m

Dec 31 2019US$16mUS$2m

US$230m

Sep 30 2019n/an/a

US$270m

Jun 30 2019n/an/a

US$377m

Mar 31 2019n/an/a

US$396m

Dec 31 2018US$15mUS$2m

US$389m

Sep 30 2018n/an/a

US$615m

Jun 30 2018n/an/a

US$561m

Mar 31 2018n/an/a

US$517m

Dec 31 2017US$19mUS$2m

US$475m

Compensation vs Market: Perry's total compensation ($USD29.11M) is above average for companies of similar size in the German market ($USD3.61M).

Compensation vs Earnings: Perry's compensation has been consistent with company performance over the past year.


CEO

Perry Sook (66 yo)

28.8yrs

Tenure

US$29,111,039

Compensation

Mr. Perry A. Sook founded Nexstar Media Group, Inc. (“Nexstar”) in 1996 and has been its Chairman, Chief Executive Officer and Director since its inception in 1996 and served as its President since 1996 un...


Leadership Team

NamePositionTenureCompensationOwnership
Perry Sook
Founder28.8yrsUS$29.11m5.32%
€ 266.1m
Michael Biard
President & COO1.3yrsUS$7.02m0.012%
€ 611.0k
Lee Gliha
Executive VP & CFO3.3yrsUS$2.85m0.026%
€ 1.3m
Dana Zimmer
President of Distribution & Strategy5.2yrsUS$2.97m0.021%
€ 1.1m
Brett Jenkins
Executive VP and Chief Technology & Digital Officer7.8yrsno data0.082%
€ 4.1m
Rachel Morgan
Executive VP2.4yrsno data0%
€ 0
Gary Weitman
Executive VP & Chief Communications Officer5.2yrsno data0.017%
€ 840.5k
Todd Braverman
Executive VP & Head of National Sales1.8yrsno datano data
Lindsey Harmon
Senior VP of Human Relations & Associate General Counselless than a yearno datano data
Blake Russell
Executive Vice President of Operations16yrsUS$293.49k0.069%
€ 3.4m
Jerry Walsh
Senior Vice President of Local Content Development1.3yrsno datano data
Dione Rigsby
Senior Vice President of Technology2.3yrsno datano data

2.8yrs

Average Tenure

54yo

Average Age

Experienced Management: NXZ's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Perry Sook
Founder28.8yrsUS$29.11m5.32%
€ 266.1m
Jay Grossman
Independent Director27.8yrsUS$240.58k0.18%
€ 8.8m
John Muse
Independent Director7.8yrsUS$230.58k0.084%
€ 4.2m
Dennis FitzSimons
Independent Director7.8yrsUS$235.58k0.043%
€ 2.2m
D. Armstrong
Independent Director21yrsUS$248.08k0.023%
€ 1.2m
Charles McMillen
Independent Director10.3yrsUS$230.58k0.025%
€ 1.2m
Ellen Johnson
Independent Directorless than a yearno datano data
Lisbeth McNabb
Independent Director18.5yrsUS$235.58k0.021%
€ 1.1m
Royce Wells
Independent Director1.3yrsUS$183.58k0.0024%
€ 121.0k
Bernadette Aulestia
Independent Director3.8yrsUS$230.58k0.0081%
€ 403.0k

9.1yrs

Average Tenure

65.5yo

Average Age

Experienced Board: NXZ's board of directors are considered experienced (9.1 years average tenure).