MCLEAN, Va.--(BUSINESS WIRE)--Apr. 26, 2018--
Shareholders of TEGNA Inc. (NYSE: TGNA) today [overwhelmingly approved]
the re-election of Board members, an advisory resolution on the
compensation of the company’s named executive officers and ratified the
appointment of EY as the company’s independent accounting firm for the
2018 fiscal year.
TEGNA shareholders re-elected president and CEO Dave Lougee, Gina
Bianchini, Howard Elias, Stuart Epstein, Lidia Fonseca, Scott McCune,
Henry McGee, Susan Ness, Bruce Nolop, Neal Shapiro and Melinda Witmer to
the Board of Directors at the annual meeting held at the company’s
headquarters. As previously announced, following the conclusion of the
meeting, Marge Magner retired as Chairman of the Board of Directors and
Howard Elias assumed the role of Chairman. Directors will serve one-year
terms ending at TEGNA’s annual meeting in 2019.
TEGNA’s shareholders also overwhelming approved an advisory resolution
on the compensation of the company’s named executive officers reported
in the company’s 2018 proxy statement and ratified the appointment of
Ernst & Young as the company’s independent accounting firm for the 2018
fiscal year.
“I want to thank Marge for her many years of outstanding and dedicated
service to our company. She has led us through incredible
transformation, been an advocate for our employees and championed our
purpose-driven culture,” said Lougee. “I want to also congratulate
Howard on becoming Chairman. I look forward to this next chapter and
know that under Howard’s leadership, we will continue to serve our
communities while creating value for shareholders.”
“TEGNA remains a best-in-class operator that is growing through
innovation. We deliver value to investors while remaining committed to
local journalism and serving the greater good of our communities,” said
Lougee. “Our strong balance sheet and solid cash flow allows us to
invest in our business as we continue to meet the ever-changing needs of
those we serve.”
About TEGNA
TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the
greater good of our communities. With 47 television stations and two
radio stations in 39 markets, TEGNA delivers relevant content and
information to consumers across platforms. It is the largest owner of
top 4 affiliates in the top 25 markets, reaching approximately one-third
of all television households nationwide. Each month, TEGNA reaches 50
million adults on-air and approximately 35 million across its digital
platforms. TEGNA has been consistently honored with the industry’s top
awards, including Edward R. Murrow, George Polk, Alfred I. DuPont and
Emmy Awards. TEGNA delivers results for advertisers through unparalleled
and innovative solutions including OTT local advertising network Premion,
centralized marketing resource Hatch, and G/O
Digital, a one-stop shop for local businesses to connect with
consumers through digital marketing. Across platforms, TEGNA tells
empowering stories, conducts impactful investigations and delivers
innovative marketing solutions. For more information, visit www.TEGNA.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180426006506/en/
Source: TEGNA Inc.
TEGNA Inc.
For media inquiries, contact:
Steve
Kidera
Director, Corporate Communications
703-873-6434
skidera@TEGNA.com
or
For
investor inquiries, contact:
Jeffrey Heinz
Vice President,
Investor Relations
703-873-6917
jheinz@TEGNA.com
