Gray Television Management

Management criteria checks 2/4

Gray Television's CEO is Hilton Howell, appointed in Aug 2008, has a tenure of 16.25 years. total yearly compensation is $10.63M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 5.71% of the company’s shares, worth $27.04M. The average tenure of the management team and the board of directors is 5.8 years and 8.2 years respectively.

Key information

Hilton Howell

Chief executive officer

US$10.6m

Total compensation

CEO salary percentage	13.7%
CEO tenure	16.3yrs
CEO ownership	5.7%
Management average tenure	5.8yrs
Board average tenure	8.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hilton Howell's remuneration changed compared to Gray Television's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$145m
Jun 30 2024	n/a	n/a	US$9m
Mar 31 2024	n/a	n/a	-US$9m
Dec 31 2023	US$11m	US$1m	-US$128m
Sep 30 2023	n/a	n/a	US$67m
Jun 30 2023	n/a	n/a	US$215m
Mar 31 2023	n/a	n/a	US$310m
Dec 31 2022	US$8m	US$1m	US$403m
Sep 30 2022	n/a	n/a	US$246m
Jun 30 2022	n/a	n/a	US$121m
Mar 31 2022	n/a	n/a	US$61m
Dec 31 2021	US$12m	US$1m	US$38m
Sep 30 2021	n/a	n/a	US$233m
Jun 30 2021	n/a	n/a	US$372m
Mar 31 2021	n/a	n/a	US$344m
Dec 31 2020	US$7m	US$1m	US$358m
Sep 30 2020	n/a	n/a	US$228m
Jun 30 2020	n/a	n/a	US$165m
Mar 31 2020	n/a	n/a	US$198m
Dec 31 2019	US$9m	US$1m	US$127m
Sep 30 2019	n/a	n/a	US$134m
Jun 30 2019	n/a	n/a	US$150m
Mar 31 2019	n/a	n/a	US$160m
Dec 31 2018	US$6m	US$1m	US$211m
Sep 30 2018	n/a	n/a	US$289m
Jun 30 2018	n/a	n/a	US$242m
Mar 31 2018	n/a	n/a	US$271m
Dec 31 2017	US$5m	US$1m	US$262m

Compensation vs Market: Hilton's total compensation ($USD10.63M) is above average for companies of similar size in the US market ($USD2.22M).

Compensation vs Earnings: Hilton's compensation has increased by more than 20% in the past year.

CEO

Hilton Howell (62 yo)

16.3yrs

Tenure

US$10,630,526

Compensation

Mr. Hilton Hatchett Howell, Jr. has been the Chief Executive Officer of Gray Television, Inc. since August 20, 2008 and also served its President since June 2013 until January 03, 2019. Mr. Howell has been...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hilton Howell	Executive Chairman & CEO	16.3yrs	US$10.63m	5.71% $ 27.0m
Donald LaPlatney	President	5.8yrs	US$5.69m	1.05% $ 5.0m
McNamara Breland	Executive VP & COO	1.5yrs	US$2.34m	0.37% $ 1.8m
Kevin Latek	Executive VP	12.7yrs	US$4.02m	0.78% $ 3.7m
James Ryan	Senior Advisor	less than a year	US$4.04m	0.73% $ 3.5m
Jeff Gignac	Executive VP & CFO	less than a year	no data	0.49% $ 2.3m
Jackson Cowart	Senior VP & Chief Accounting Officer	no data	no data	0.042% $ 196.9k
David Burke	Senior VP & Chief Technology Officer	5.8yrs	no data	no data
Charlie Effinger	Vice President of Corporate Development	11.3yrs	no data	no data
Mike King	Senior Managing VP & Chief Marketing Officer	1.5yrs	no data	no data
Garrett Pope	Senior VP of Sales Operations	1.2yrs	no data	no data
Jan Goldstein	Senior Vice President of Human Resources	5.8yrs	no data	no data

5.8yrs

Average Tenure

62yo

Average Age

Experienced Management: GTN.A's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hilton Howell	Executive Chairman & CEO	31.8yrs	US$10.63m	5.71% $ 27.0m
Donald LaPlatney	President	5.8yrs	US$5.69m	1.05% $ 5.0m
Harriett Robinson	Director Emeritus	7.5yrs	US$36.50k	3.73% $ 17.6m
Richard Boger	Independent Director	33.8yrs	US$272.50k	0.084% $ 397.2k
Howell Newton	Lead Independent Director	33.8yrs	US$296.25k	0.12% $ 568.0k
Paul McTear	Independent Director	5.8yrs	US$238.75k	0.12% $ 561.5k
Robin Howell	Director	12.8yrs	US$227.50k	0.20% $ 926.1k
Richard Hare	Independent Director	8.2yrs	US$257.50k	0.074% $ 351.5k
Luis Garcia	Independent Director	8.4yrs	US$238.75k	0.076% $ 357.9k
Sterling Spainhour	Independent Director	3.8yrs	US$235.00k	0.046% $ 217.0k
Lorraine McClain	Independent Director	2.7yrs	US$234.32k	0.055% $ 262.5k

8.2yrs

Average Tenure

62yo

Average Age

Experienced Board: GTN.A's board of directors are considered experienced (8.2 years average tenure).

Gray Television Management

Management criteria checks 2/4

Key information

Recent management updates

Gray Television, Inc. Announces Management Appointment, Effective July 1, 2024

Gray Television, Inc., Annual General Meeting, May 08, 2024

Gray Television, Inc. Announces CFO Changes

Gray Television, Inc. Announces CFO Changes

Gray Television, Inc. Appoints Bruce Austin to General Manager of WVLT and WBXX in Knoxville, Tennessee, Effective January 2, 2024

Gray Television, Inc. Promotes Garrett Pope to Senior Vice President, Effective from September 1, 2023

Recent updates

Gray Television, Inc. Provides Revenue Guidance for the Quarter and Full Year Ending December 31, 2024

Gray Television, Inc. to Report Q3, 2024 Results on Nov 08, 2024

Gray Media Launches New Streaming Apps

Gray Television, Inc. Announces Quarterly Dividend, Payable on September 30, 2024

Gray Television, Inc.' Palmetto Sports & Entertainment to Launch Statewide on Gray Media Stations

Gray Television, Inc. to Report Q2, 2024 Results on Aug 08, 2024

Gray Television, Inc. Announces Management Appointment, Effective July 1, 2024

Gray Television, Inc. Announces Quarterly Cash Dividend, Payable on June 28, 2024

Gray Television, Inc. Provides Revenue Guidance for the Quarter Ending June 30, 2024

Gray Television, Inc. to Report Q1, 2024 Results on May 07, 2024

Gray Television, Inc., Annual General Meeting, May 08, 2024

Gray Television, Inc. Announces Quarterly Cash Dividend, Payable on March 28, 2024

Gray Television, Inc. Announces CFO Changes

Gray Television, Inc. Announces CFO Changes

Gray Television, Inc. Updates Revenue Guidance for the Fourth Quarter of 2024

Gray Television, Inc. to Report Q4, 2023 Results on Feb 23, 2024

Gray Television, Inc. Appoints Bruce Austin to General Manager of WVLT and WBXX in Knoxville, Tennessee, Effective January 2, 2024

Gray Television: Divesting But Appears Undervalued

Gray Television, Inc. Provides Earnings Guidance for the Quarter Ending December 31, 2023

Gray Television, Inc. Announces Quarterly Cash Dividend, Payable on December 29, 2023

Gray Television, Inc. to Report Q3, 2023 Results on Nov 08, 2023

Gray Television, Inc. Promotes Garrett Pope to Senior Vice President, Effective from September 1, 2023

Gray Television, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Gray Television, Inc. to Report Q2, 2023 Results on Aug 04, 2023

Gray Television, Inc. Promotes Matt Moran to Senior Managing Vice President

Gray Television, Inc. Promotes Sandy Breland to Executive Vice President and Chief Operating Officer

Gray Television, Inc. Provides Earnings Guidance for the Three-Months Ending June 30, 2023

Gray Television, Inc. (NYSE:GTN) entered into an agreement to acquire WPGA-TV of Marquee Broadcasting, Inc.

Gray Television, Inc. to Report Q4, 2022 Results on Feb 24, 2023

Gray Television, Inc. Promotes Collin Gaston to Senior Vice President

Gray Television, Inc. Provides Earning Guidance for Year 2022

Gray Television, Inc. Announces Promotion of Marsha B. Fogarty to General Manager of Wtoc in Savannah

Gray Television, Inc. to Report Q3, 2022 Results on Nov 04, 2022

Gray Television, Inc. Authorizes Quarterly Cash Dividend, Payable on September 30, 2022

Gray Announces Management Changes

Gray Television, Inc. to Report Q2, 2022 Results on Aug 05, 2022

Gray Television: A Promising Picture

Gray Television (NYSE:GTN.A) Has Re-Affirmed Its Dividend Of US$0.08

Gray Television, Inc. Announces Quarterly Cash Dividend, Payable on June 30, 2022

Gray Television, Inc. Appoints Coline Sim as Director of Telemundo Atlanta Operations

Gray Television, Inc. to Report Q1, 2022 Results on May 06, 2022

Gray Television, Inc. Elects Lorri McClain as an Independent Director

Gray Television, Inc. Elects Lorri McClain to Its Board of Directors, effective March 1, 2022

Gray Television, Inc. Provides Revenue Guidance for the Quarter Ending March 31, 2022

Gray Television, Inc. Announces Quarterly Cash Dividend, Payable on March 31, 2022

Gray Television, Inc. (NYSE:GTN) agreed to acquire Capital Media Group, Llc and Surge Digital Media from Susan Sim Oh and Coline Sim.

Gray Television, Inc. (NYSE:GTN) completed the acquisition of Meredith Corporation (NYSE:MDP) from a group of shareholders.

Allen Media Group, LLC completed the acquisition of SJL Holdings, LLC from Gray Television, Inc. (NYSE:GTN) for $70 million.

Gray Television, Inc. Debuts Weekly News Program

Gray Television, Inc. (NYSE:GTN) and The Gipson Company completed the acquisition of Third Rail Studios for $27.5 million.

Gray Television, Inc. (NYSE:GTN) completed the acquisition of Quincy Media, Inc. from Ralph M. Oakley.

Gray Television, Inc.(NYSE:GTN) dropped from Russell 2000 Growth Index

VCY America acquired KTXC-FM 104.7 from Gray Television, Inc. (NYSE:GTN) for $0.65 million.

Gray Television, Inc. Announces Quarterly Dividend, Payable on June 30, 2021

Gray Television, Inc. Provides Revenue Guidance for the Quarter Ending June 30, 2021

Gray Television, Inc. Appoints Sterling A. Spainhour as Independent Director

Gray Television, Inc. to Report Q4, 2020 Results on Feb 25, 2021

Gray Television, Inc. (NYSE:GTN) entered into an agreement to acquire Quincy Media, Inc. from Ralph M. Oakley for approximately $930 million.

Google Selects Gray Television for 2021 News Innovation Challenge

Gray Television, Inc. (NYSE:GTN) agreed to acquire KLCW-TV, KMYL-LD and KXTQ-CD from Ramar Communications Inc.

Gray Television, Inc. to Report Q3, 2020 Results on Nov 05, 2020

Gray Television, Inc. (NYSE:GTN) acquired Most of the Assets of KTVA from Denali Media Holdings, Corp.

Gray Television, Inc. Announces Not to Provide Guidance for the Three-Month Period Ending on September 30, 2020, or Calendar Year 2020

Gray Television, Inc. to Report Q2, 2020 Results on Aug 06, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team