TEGNA Management
Management criteria checks 2/4
TEGNA's CEO is Dave Lougee, appointed in Jun 2017, has a tenure of 7.08 years. total yearly compensation is $10.97M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth $9.41M. The average tenure of the management team and the board of directors is 7.1 years and 6.6 years respectively.
Key information
Dave Lougee
Chief executive officer
US$11.0m
Total compensation
| CEO salary percentage | 8.9% |
| CEO tenure | 7.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 7.1yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
TEGNA: A Declining Business Can Still Be A Good Stock
May 30TEGNA (NYSE:TGNA) Is Increasing Its Dividend To $0.125
May 27
TEGNA Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 10Here's Why TEGNA (NYSE:TGNA) Has A Meaningful Debt Burden
Apr 18TEGNA: Advancing Market Share In Broadcasting And Advertisement In 2024
Apr 03TEGNA: Large Buyback Should Begin To Lift Shares In 2024
Jan 09Why TEGNA Is A Buy Even As A Standalone Company
Oct 23TEGNA: Despite Mixed Results, The Stock Is Undervalued
Aug 12TEGNA (NYSE:TGNA) Will Pay A Dividend Of $0.095
May 13With EPS Growth And More, TEGNA (NYSE:TGNA) Makes An Interesting Case
Mar 26TEGNA (NYSE:TGNA) Will Pay A Dividend Of $0.095
Feb 26Is TEGNA (NYSE:TGNA) Using Too Much Debt?
Feb 23TEGNA declares $0.095 dividend
Feb 22Tegna extends declines on report sale may not close by February deadline
Jan 23Tegna slips on reports White House to renominate Gigi Sohn for FCC
Jan 03Standard Genera deal for Tegna gets request for comments from FCC
Dec 23Tegna gains after buyer waves some contractual rights to appease regulators
Dec 16Tegna gains on report Team Telecom may approve sale as early as this week
Nov 15TEGNA Non-GAAP EPS of $0.65 misses by $0.08, revenue of $803.11M misses by $32.66M
Nov 09Tegna stock drops on report on DOJ questions on Standard General deal
Nov 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$560m |
| Dec 31 2023 | US$11m | US$975k | US$475m |
| Sep 30 2023 | n/a | n/a | US$618m |
| Jun 30 2023 | n/a | n/a | US$668m |
| Mar 31 2023 | n/a | n/a | US$600m |
| Dec 31 2022 | US$7m | US$975k | US$630m |
| Sep 30 2022 | n/a | n/a | US$541m |
| Jun 30 2022 | n/a | n/a | US$523m |
| Mar 31 2022 | n/a | n/a | US$498m |
| Dec 31 2021 | US$7m | US$975k | US$477m |
| Sep 30 2021 | n/a | n/a | US$592m |
| Jun 30 2021 | n/a | n/a | US$595m |
| Mar 31 2021 | n/a | n/a | US$508m |
| Dec 31 2020 | US$7m | US$916k | US$482m |
| Sep 30 2020 | n/a | n/a | US$321m |
| Jun 30 2020 | n/a | n/a | US$239m |
| Mar 31 2020 | n/a | n/a | US$299m |
| Dec 31 2019 | US$6m | US$950k | US$286m |
| Sep 30 2019 | n/a | n/a | US$363m |
| Jun 30 2019 | n/a | n/a | US$408m |
| Mar 31 2019 | n/a | n/a | US$420m |
| Dec 31 2018 | US$5m | US$950k | US$401m |
| Sep 30 2018 | n/a | n/a | US$544m |
| Jun 30 2018 | n/a | n/a | US$502m |
| Mar 31 2018 | n/a | n/a | US$458m |
| Dec 31 2017 | US$5m | US$908k | US$448m |
Compensation vs Market: Dave's total compensation ($USD10.97M) is above average for companies of similar size in the US market ($USD6.67M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Dave Lougee (65 yo)
7.1yrs
Tenure
US$10,965,633
Compensation
Mr. David T. Lougee, also known as Dave, had been the Chief Executive Officer, Director and President of TEGNA Inc. since June 1, 2017 until August 12, 2024. Mr. Lougee has been the President of Gannett Br...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.1yrs | US$10.97m | 0.36% $ 9.4m | |
| Senior VP & Chief Legal Officer | less than a year | US$1.58m | 0.00050% $ 13.2k | |
| Executive VP & COO of Media Operations | 7.1yrs | US$3.86m | 0.14% $ 3.7m | |
| Senior VP & CFO | less than a year | no data | 0.031% $ 825.5k | |
| Senior VP & CTO | 6.3yrs | no data | no data | |
| VP of Corporate Communications & Chief Communications Officer | 7.3yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 7.3yrs | no data | no data | |
| Senior Vice President of Labor Relations | 14.3yrs | no data | no data | |
| Senior Vice President of National Sales - USA Today Network | 13.7yrs | no data | no data | |
| Senior VP of Digital & Chief Growth Officer | less than a year | no data | 0.077% $ 2.0m | |
| Senior VP of Media Operations and President & GM of WFAA -Dallas/Fort Worth | 6.5yrs | no data | no data | |
| Senior Vice President of Programming | 9.3yrs | no data | no data |
7.1yrs
Average Tenure
59.5yo
Average Age
Experienced Management: TGNA's management team is seasoned and experienced (7.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.1yrs | US$10.97m | 0.36% $ 9.4m | |
| Independent Chairman of the Board | 15.8yrs | US$753.33k | 0.0055% $ 146.7k | |
| Independent Director | 6.4yrs | US$278.33k | 0.032% $ 841.4k | |
| Independent Director | no data | no data | no data | |
| Independent Director | 9.1yrs | US$290.00k | 0% $ 0 | |
| Independent Director | 16.8yrs | US$268.33k | 0.019% $ 500.1k | |
| Independent Director | 6.6yrs | US$283.33k | 0.027% $ 706.1k | |
| Independent Director | 6.4yrs | US$258.33k | 0.023% $ 619.8k | |
| Independent Director | 4.4yrs | US$258.33k | 0.020% $ 530.6k | |
| Independent Director | no data | no data | no data | |
| Independent Director | 15.8yrs | US$290.00k | 0.047% $ 1.2m |
6.6yrs
Average Tenure
65yo
Average Age
Experienced Board: TGNA's board of directors are considered experienced (6.6 years average tenure).