Nexstar Media Group’s Board of Directors have extended the employment agreement of chief executive officer, Perry A. Sook, through March 31, 2026.
Sook founded Nexstar Media Group in 1996 and has served as ceo since that time. He’s also the top shareholder at the company and acts as it chairman.
“Given his long-term record of accomplishments, we are delighted to extend Perry’s employment agreement,” said Dennis Miller, Chairman of Nexstar’s Board of Directors Compensation Committee. “He is rightfully recognized as the industry’s most effective leader and innovator, and his vision, commitment and team-building have driven Nexstar’s exceptional record of operating execution, consistent financial growth and the enhancement of shareholder value, while positioning the Company to aggressively compete in the ever-changing media environment. On behalf of the entire Board of Directors, we are grateful for Perry’s contributions and look forward to the continued benefit of his vision and dedication to the company’s viewers, advertising clients, team members, shareholders and other stakeholders.”
Nexstar is the largest local broadcasting group in the U.S., with 200 owned or partner stations in 116 U.S. markets reaching 212 million people. The station group said it saw annual revenue of over $4.6 billion in 2021.