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 28.92 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 $262.68M. The average tenure of the management team and the board of directors is 2.9 years and 9.2 years respectively.
Key information
Perry Sook
Chief executive officer
US$29.1m
Total compensation
| CEO salary percentage | 9.6% |
| CEO tenure | 28.9yrs |
| CEO ownership | 5.3% |
| Management average tenure | 2.9yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
There's Been No Shortage Of Growth Recently For Nexstar Media Group's (NASDAQ:NXST) Returns On Capital
Dec 19
Nexstar's Interactive Television, M&A, And Why It's A Buy
Dec 09Is It Too Late To Consider Buying Nexstar Media Group, Inc. (NASDAQ:NXST)?
Dec 03Nexstar Media: Political Advertising, Buybacks Should Provide A Promising Seasonal Entry Point
Oct 29Nexstar Media Group, Inc.'s (NASDAQ:NXST) Subdued P/E Might Signal An Opportunity
Oct 20These 4 Measures Indicate That Nexstar Media Group (NASDAQ:NXST) Is Using Debt Extensively
Oct 04Nexstar Media Group (NASDAQ:NXST) Is Reinvesting At Lower Rates Of Return
Sep 19Is There Now An Opportunity In Nexstar Media Group, Inc. (NASDAQ:NXST)?
Sep 04Nexstar Media: Earnings Poised To Inflect, Potential $50 Of FCF/Share On The Horizon
Jul 15Nexstar Media Group, Inc. (NASDAQ:NXST) Doing What It Can To Lift Shares
Jun 26Capital Allocation Trends At Nexstar Media Group (NASDAQ:NXST) Aren't Ideal
Jun 10Should You Investigate Nexstar Media Group, Inc. (NASDAQ:NXST) At US$158?
May 26Nexstar Media Stock: Time To Sell And Never Look Back
May 17Nexstar Media Group (NASDAQ:NXST) Seems To Be Using A Lot Of Debt
May 02Nexstar Media: Political Advertising Revenue Could Aid Earnings Growth
Mar 07Is Now The Time To Look At Buying Nexstar Media Group, Inc. (NASDAQ:NXST)?
Feb 23Nexstar Media Group (NASDAQ:NXST) Is Paying Out A Larger Dividend Than Last Year
Jan 29Nexstar Media: TV Station Operator Expecting Ad Boost From 2024 Election Cycle
Jan 28Here's Why Nexstar Media Group (NASDAQ:NXST) Is Weighed Down By Its Debt Load
Jan 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$578m |
| Jun 30 2024 | n/a | n/a | US$432m |
| Mar 31 2024 | n/a | n/a | US$410m |
| Dec 31 2023 | US$29m | US$3m | US$346m |
| Sep 30 2023 | n/a | n/a | US$435m |
| Jun 30 2023 | n/a | n/a | US$699m |
| Mar 31 2023 | n/a | n/a | US$830m |
| Dec 31 2022 | US$39m | US$2m | US$971m |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$913m |
| Mar 31 2022 | n/a | n/a | US$886m |
| Dec 31 2021 | US$21m | US$2m | US$834m |
| Sep 30 2021 | n/a | n/a | US$935m |
| Jun 30 2021 | n/a | n/a | US$956m |
| Mar 31 2021 | n/a | n/a | US$855m |
| Dec 31 2020 | US$24m | US$2m | US$812m |
| Sep 30 2020 | n/a | n/a | US$560m |
| Jun 30 2020 | n/a | n/a | US$364m |
| Mar 31 2020 | n/a | n/a | US$332m |
| Dec 31 2019 | US$16m | US$2m | US$230m |
| Sep 30 2019 | n/a | n/a | US$270m |
| Jun 30 2019 | n/a | n/a | US$377m |
| Mar 31 2019 | n/a | n/a | US$396m |
| Dec 31 2018 | US$15m | US$2m | US$389m |
| Sep 30 2018 | n/a | n/a | US$615m |
| Jun 30 2018 | n/a | n/a | US$561m |
| Mar 31 2018 | n/a | n/a | US$517m |
| Dec 31 2017 | US$19m | US$2m | US$475m |
Compensation vs Market: Perry's total compensation ($USD29.11M) is above average for companies of similar size in the US market ($USD7.98M).
Compensation vs Earnings: Perry's compensation has been consistent with company performance over the past year.
CEO
Perry Sook (66 yo)
28.9yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 28.9yrs | US$29.11m | 5.32% $ 262.7m | |
| President & COO | 1.3yrs | US$7.02m | 0.012% $ 603.3k | |
| Executive VP & CFO | 3.3yrs | US$2.85m | 0.028% $ 1.4m | |
| President of Distribution & Strategy | 5.3yrs | US$2.97m | 0.021% $ 1.1m | |
| Executive VP and Chief Technology & Digital Officer | 7.9yrs | no data | 0.082% $ 4.1m | |
| Executive VP | 2.5yrs | no data | 0% $ 0 | |
| Executive VP & Chief Communications Officer | 5.3yrs | no data | 0.017% $ 829.9k | |
| Executive VP & Head of National Sales | 1.9yrs | no data | no data | |
| Senior VP of Human Relations & Associate General Counsel | less than a year | no data | no data | |
| Executive Vice President of Operations | 16.1yrs | US$293.49k | 0.066% $ 3.3m | |
| Senior Vice President of Local Content Development | 1.4yrs | no data | no data | |
| Senior Vice President of Technology | 2.4yrs | no data | no data |
2.9yrs
Average Tenure
54yo
Average Age
Experienced Management: NXST's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 28.9yrs | US$29.11m | 5.32% $ 262.7m | |
| Independent Director | 27.9yrs | US$240.58k | 0.18% $ 8.7m | |
| Independent Director | 7.9yrs | US$230.58k | 0.084% $ 4.1m | |
| Independent Director | 7.9yrs | US$235.58k | 0.043% $ 2.1m | |
| Independent Director | 21.1yrs | US$248.08k | 0.023% $ 1.2m | |
| Independent Director | 10.4yrs | US$230.58k | 0.022% $ 1.1m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 18.6yrs | US$235.58k | 0.019% $ 915.3k | |
| Independent Director | 1.4yrs | US$183.58k | 0.0024% $ 119.5k | |
| Independent Director | 3.9yrs | US$230.58k | 0.0065% $ 318.4k |
9.2yrs
Average Tenure
65.5yo
Average Age
Experienced Board: NXST's board of directors are considered experienced (9.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 01:05 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nexstar Media Group, Inc. is covered by 30 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| James Goss | Barrington Research Associates, Inc. |
| Daniel Kurnos | Benchmark Company |