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 percentage | 5.1% |
CEO tenure | 28.2yrs |
CEO ownership | 4.8% |
Management average tenure | 4.5yrs |
Board average tenure | 13.8yrs |
Recent management updates
Recent updates
Nexstar 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 14Potential Upside For Nexstar Media Group, Inc. (NASDAQ:NXST) Not Without Risk
Dec 22Nexstar Media Group's (NASDAQ:NXST) Conservative Accounting Might Explain Soft Earnings
Nov 15Why Nexstar Media Group, Inc. (NASDAQ:NXST) Could Be Worth Watching
Sep 13Is Nexstar Media Group (NASDAQ:NXST) A Risky Investment?
Aug 23Nexstar Media Group (NASDAQ:NXST) Is Increasing Its Dividend To $1.35
Aug 01Nexstar Media Group (NASDAQ:NXST) Is Increasing Its Dividend To $1.35
May 04Here's Why Nexstar Media Group (NASDAQ:NXST) Has Caught The Eye Of Investors
Apr 23Why Nexstar Media Group, Inc. (NASDAQ:NXST) Could Be Worth Watching
Mar 21Nexstar Media Group (NASDAQ:NXST) Will Pay A Larger Dividend Than Last Year At $1.35
Feb 01Here's Why Nexstar Media Group (NASDAQ:NXST) Has A Meaningful Debt Burden
Jan 24Here's Why We Think Nexstar Media Group (NASDAQ:NXST) Is Well Worth Watching
Jan 09Should You Think About Buying Nexstar Media Group, Inc. (NASDAQ:NXST) Now?
Dec 09We Think Nexstar Media Group (NASDAQ:NXST) Is Taking Some Risk With Its Debt
Oct 18Nexstar Media Group: What Investors Might Look For Next Quarter
Oct 12Nexstar completes acquisition of the CW Network
Oct 03Should You Investigate Nexstar Media Group, Inc. (NASDAQ:NXST) At US$188?
Sep 07Nexstar Media Group: Further Upside Likely
Aug 11CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | 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$475m |
Compensation vs Market: Perry's total compensation ($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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 28.2yrs | US$39.32m | 4.82% $ 265.7m | |
Executive VP & CFO | 2.6yrs | US$2.30m | 0.013% $ 737.5k | |
President of Broadcasting Division - Nexstar Media Inc. | 6.6yrs | US$2.40m | 0.023% $ 1.3m | |
President of Networks Division | 4.5yrs | US$2.52m | 0.028% $ 1.6m | |
President of Distribution | 4.5yrs | US$2.79m | 0.0054% $ 295.2k | |
President & COO | less than a year | no data | no data | |
Executive VP and Chief Technology & Digital Officer | 7.2yrs | no data | 0.076% $ 4.2m | |
Executive VP | 1.8yrs | no data | 0.0084% $ 463.2k | |
Executive VP & Chief Communications Officer | 4.5yrs | no data | 0.023% $ 1.3m | |
Executive VP & Head of National Sales | 1.2yrs | no data | no data | |
Senior VP of Human Resources & Associate General Counsel | 7.3yrs | no data | no data | |
Executive Vice President of Operations | 15.3yrs | US$293.49k | 0.067% $ 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 28.2yrs | US$39.32m | 4.82% $ 265.7m | |
Independent Director | 27.2yrs | US$229.18k | 0.19% $ 10.4m | |
Independent Director | 7.2yrs | US$229.18k | 0.082% $ 4.5m | |
Independent Director | 7.2yrs | US$234.18k | 0.042% $ 2.3m | |
Independent Director | 20.3yrs | US$246.68k | 0.034% $ 1.9m | |
Independent Director | 9.7yrs | US$229.18k | 0.014% $ 745.7k | |
Independent Director | 20.3yrs | US$236.68k | 0.048% $ 2.7m | |
Independent Director | 17.8yrs | US$234.18k | 0.016% $ 865.3k | |
Independent Director | less than a year | no data | no data | |
Independent Director | 3.2yrs | US$229.18k | 0.0052% $ 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).