Most Senior Corporate Execs Depart Tegna As Legal Fight Over Nexstar Merger Continues
#News #Executives #Mergersandacquisitions #Mikesteib #NexstarTegnaDeal #PatrickPaolini #Tegna
https://deadline.com/2026/05/senior-executives-depart-tegna-nexstar-merger-fight-1236929688/
Variety | Tegna Names Fox TV Stations Ad Sales Boss Patrick Paolini CEO With Nexstar Merger Stuck in Legal Limbo by Todd Spangler
AI generated summary, Read the full article for complete information.
Tegna has appointed former Fox TV stations ad‑sales chief Patrick Paolini as its chief executive officer, effective June 1, while the company remains in a legal limbo caused by an antitrust challenge to Nexstar’s $6.2 billion takeover of Tegna. The merger, approved by the FCC and the Justice Department, is being contested by state attorneys general and DirecTV, prompting a “hold‑separate” order that keeps Tegna operating independently. Paolini, who previously served as EVP of advertising sales at Fox Television Stations and held senior management roles at several Fox O&O stations, will oversee Tegna’s daily operations, revenue strategies, local journalism, production, and growth initiatives across its 64 local television stations in 51 U.S. markets. The board praised his deep broadcast expertise and track record of driving revenue growth, while Paolini expressed enthusiasm for continuing Tegna’s commitment to local news and innovation amid the ongoing merger uncertainty.
Read more: https://variety.com/2026/tv/news/tegna-patrick-paolini-ceo-nexstar-merger-legal-battle-1236758756/
with the Nexstar-Tegna merger currently tied up in an antitrust challenge from state attorneys general and DirecTV, Tegna is appointing a new CEO to run things for the time being: Patrick Paolini, who will take over as Tegna's chief executive officer effective June 1.
Large Local TV Station Owner Tegna Says NBCUniversal And Google Alum Michael Steib Will Succeed Dave Lougee As CEO This Summer
#Executives #News #CEO #DaveLougee #LocalTV #Mikesteib #Tegna
Tegna Hires NBCU, Google Alum Mike Steib as CEO
#Variety #News #MikeSteib #Tegna
https://variety.com/2024/tv/news/tegna-hires-mike-steib-ceo-1236039884/
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