Business
Nexstar Media Group Appoints Ellen Johnson to Board of Directors
Chief Financial Officer at IPG Brings Extensive Financial and Advertising Industry Expertise to the Board IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media
About this update from Nexstar Media Group, Inc.
[{"type":"text","content":"\nChief Financial Officer at IPG Brings Extensive Financial and Advertising Industry Expertise to the Board\n\n\n IRVING, Texas--(BUSINESS WIRE)--\nNexstar Media Group, Inc. (NASDAQ: NXST) today announced the appointment of Ellen Johnson to its Board of Directors effective October 1, 2024. Ms. Johnson will serve as an independent director and will stand for election at the 2025 annual meeting of stockholders. Following her appointment, Nexstar will have 10 Board members, 9 of whom are independent and three of whom are women.\n\n\nMs. Johnson currently serves as Executive Vice President, Chief Financial Officer of Interpublic Group of Companies (NYSE: IPG), one of the world’s leading providers of marketing and advertising solutions. In this role, she has direct management responsibility for all areas of Global Finance, Information Technology and Investor Relations, and is the executive sponsor of ESG programs related to climate action, social programs and governance across IPG. She also oversees the mergers and acquisitions and financial planning functions.\n\n\n“We are pleased to welcome Ellen to the Nexstar Board,” said Perry Sook, Nexstar Media Group’s Chairman and Chief Executive Officer. “She is an integral member of IPG’s executive team with an established record of success in the advertising and marketing services industries. Her extensive leadership experience in accounting, corporate finance and information technology, combined with her expertise in all areas of ESG will be invaluable to Nexstar as we continue to advance our business and execute on the Company’s goals to enhance shareholder value.”\n\n\nCommenting on her appointment, Ms. Johnson said, “I am delighted to be joining Nexstar’s Board. Today Nexstar is a scaled media and entertainment business with a unique portfolio of local and national assets, including NewsNation, The CW and The Hill. I look forward to sharing my experience with the Board and management team as the Company pursues its continued growth.”\n\n\nBefore becoming CFO in 2020, Ms. Johnson was IPG’s Senior Vice President of Finance and Treasurer, with direct responsibility for Treasury, Corporate Development and Financial Planning and Analysis, managing the company’s liquidity, capital structure, and its relationships with banks and rating agencies.\n\n\nUnder her leadership, IPG has transformed ...