Nexstar Media Group, Inc.

NasdaqGS:NXST Stock Report

Market Cap: US$5.5b

Nexstar Media Group Management

Management criteria checks 2/4

Nexstar Media Group's CEO is Perry Sook, appointed in Jan 1996, has a tenure of 28.17 years. total yearly compensation is $39.32M, comprised of 5.1% salary and 94.9% bonuses, including company stock and options. directly owns 4.82% of the company’s shares, worth $265.72M. The average tenure of the management team and the board of directors is 4.5 years and 13.8 years respectively.

Key information

Perry Sook

Chief executive officer

US$39.3m

Total compensation

CEO salary percentage5.1%
CEO tenure28.2yrs
CEO ownership4.8%
Management average tenure4.5yrs
Board average tenure13.8yrs

Recent management updates

Recent updates

Nexstar Media: Political Advertising Revenue Could Aid Earnings Growth

Mar 07

Is Now The Time To Look At Buying Nexstar Media Group, Inc. (NASDAQ:NXST)?

Feb 23
Is Now The Time To Look At Buying Nexstar Media Group, Inc. (NASDAQ:NXST)?

Nexstar Media Group (NASDAQ:NXST) Is Paying Out A Larger Dividend Than Last Year

Jan 29
Nexstar Media Group (NASDAQ:NXST) Is Paying Out A Larger Dividend Than Last Year

Nexstar Media: TV Station Operator Expecting Ad Boost From 2024 Election Cycle

Jan 28

Here's Why Nexstar Media Group (NASDAQ:NXST) Is Weighed Down By Its Debt Load

Jan 14
Here's Why Nexstar Media Group (NASDAQ:NXST) Is Weighed Down By Its Debt Load

Potential Upside For Nexstar Media Group, Inc. (NASDAQ:NXST) Not Without Risk

Dec 22
Potential Upside For Nexstar Media Group, Inc. (NASDAQ:NXST) Not Without Risk

Nexstar Media Group's (NASDAQ:NXST) Conservative Accounting Might Explain Soft Earnings

Nov 15
Nexstar Media Group's (NASDAQ:NXST) Conservative Accounting Might Explain Soft Earnings

Why Nexstar Media Group, Inc. (NASDAQ:NXST) Could Be Worth Watching

Sep 13
Why Nexstar Media Group, Inc. (NASDAQ:NXST) Could Be Worth Watching

Is Nexstar Media Group (NASDAQ:NXST) A Risky Investment?

Aug 23
Is Nexstar Media Group (NASDAQ:NXST) A Risky Investment?

Nexstar Media Group (NASDAQ:NXST) Is Increasing Its Dividend To $1.35

Aug 01
Nexstar Media Group (NASDAQ:NXST) Is Increasing Its Dividend To $1.35

Nexstar Media Group (NASDAQ:NXST) Is Increasing Its Dividend To $1.35

May 04
Nexstar Media Group (NASDAQ:NXST) Is Increasing Its Dividend To $1.35

Here's Why Nexstar Media Group (NASDAQ:NXST) Has Caught The Eye Of Investors

Apr 23
Here's Why Nexstar Media Group (NASDAQ:NXST) Has Caught The Eye Of Investors

Why Nexstar Media Group, Inc. (NASDAQ:NXST) Could Be Worth Watching

Mar 21
Why Nexstar Media Group, Inc. (NASDAQ:NXST) Could Be Worth Watching

Nexstar Media Group (NASDAQ:NXST) Will Pay A Larger Dividend Than Last Year At $1.35

Feb 01
Nexstar Media Group (NASDAQ:NXST) Will Pay A Larger Dividend Than Last Year At $1.35

Here's Why Nexstar Media Group (NASDAQ:NXST) Has A Meaningful Debt Burden

Jan 24
Here's Why Nexstar Media Group (NASDAQ:NXST) Has A Meaningful Debt Burden

Here's Why We Think Nexstar Media Group (NASDAQ:NXST) Is Well Worth Watching

Jan 09
Here's Why We Think Nexstar Media Group (NASDAQ:NXST) Is Well Worth Watching

Should You Think About Buying Nexstar Media Group, Inc. (NASDAQ:NXST) Now?

Dec 09
Should You Think About Buying Nexstar Media Group, Inc. (NASDAQ:NXST) Now?

We Think Nexstar Media Group (NASDAQ:NXST) Is Taking Some Risk With Its Debt

Oct 18
We Think Nexstar Media Group (NASDAQ:NXST) Is Taking Some Risk With Its Debt

Nexstar Media Group: What Investors Might Look For Next Quarter

Oct 12

Nexstar completes acquisition of the CW Network

Oct 03

Should You Investigate Nexstar Media Group, Inc. (NASDAQ:NXST) At US$188?

Sep 07
Should You Investigate Nexstar Media Group, Inc. (NASDAQ:NXST) At US$188?

Nexstar Media Group: Further Upside Likely

Aug 11

CEO Compensation Analysis

How has Perry Sook's remuneration changed compared to Nexstar Media Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

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 ($USD39.32M) is above average for companies of similar size in the US market ($USD7.74M).

Compensation vs Earnings: Perry's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Perry Sook (65 yo)

28.2yrs

Tenure

US$39,318,892

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
Founder28.2yrsUS$39.32m4.82%
$ 265.7m
Lee Gliha
Executive VP & CFO2.6yrsUS$2.30m0.013%
$ 737.5k
Andrew Alford
President of Broadcasting Division - Nexstar Media Inc.6.6yrsUS$2.40m0.023%
$ 1.3m
Sean Compton
President of Networks Division4.5yrsUS$2.52m0.028%
$ 1.6m
Dana Zimmer
President of Distribution4.5yrsUS$2.79m0.0054%
$ 295.2k
Michael Biard
President & COOless than a yearno datano data
Brett Jenkins
Executive VP and Chief Technology & Digital Officer7.2yrsno data0.076%
$ 4.2m
Rachel Morgan
Executive VP1.8yrsno data0.0084%
$ 463.2k
Gary Weitman
Executive VP & Chief Communications Officer4.5yrsno data0.023%
$ 1.3m
Todd Braverman
Executive VP & Head of National Sales1.2yrsno datano data
Terri Bush
Senior VP of Human Resources & Associate General Counsel7.3yrsno datano data
Blake Russell
Executive Vice President of Operations15.3yrsUS$293.49k0.067%
$ 3.7m

4.5yrs

Average Tenure

53yo

Average Age

Experienced Management: NXST's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Perry Sook
Founder28.2yrsUS$39.32m4.82%
$ 265.7m
Jay Grossman
Independent Director27.2yrsUS$229.18k0.19%
$ 10.4m
John Muse
Independent Director7.2yrsUS$229.18k0.082%
$ 4.5m
Dennis FitzSimons
Independent Director7.2yrsUS$234.18k0.042%
$ 2.3m
D. Armstrong
Independent Director20.3yrsUS$246.68k0.034%
$ 1.9m
Charles McMillen
Independent Director9.7yrsUS$229.18k0.014%
$ 745.7k
Irving Pompadur
Independent Director20.3yrsUS$236.68k0.048%
$ 2.7m
Lisbeth McNabb
Independent Director17.8yrsUS$234.18k0.016%
$ 865.3k
Royce Wells
Independent Directorless than a yearno datano data
Bernadette Aulestia
Independent Director3.2yrsUS$229.18k0.0052%
$ 288.6k

13.8yrs

Average Tenure

65.5yo

Average Age

Experienced Board: NXST's board of directors are seasoned and experienced ( 13.8 years average tenure).


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