home · filing · 0000898822-24-000003
8-K
filed June 20, 2024, 7:59 PM ET
CIK 0000039899
leadership
confidence high
sentiment neutral
materiality 0.70
TEGNA names Michael Steib as President & CEO to succeed David Lougee effective Aug 12, 2024
TEGNA INC
Michael Steib (former CEO of Artsy) appointed President, CEO and director effective Aug 12, 2024, succeeding David Lougee.
David Lougee to retire as CEO, become Senior Advisor; $550K annual base salary during advisory period through Aug 2025.
Steib's compensation: $1M base, 150% target bonus, $4M RSU + $2M PSU grants, target LTI of 550% of base from 2025.
Board expanded to 11; new independent directors Catherine Dunleavy (former President, Away) and Denmark West (Alphabet's X) as of July 1, 2024.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Appointed
Denmark West
Director
TEGNA INC
Effective 2024-07-01
Filed June 20, 2024, 7:59 PM ET
appointed each of Catherine Dunleavy and Denmark West to the Board, to serve until the Company’s 2025 annual meeting of stockholders.
Appointed
Catherine Dunleavy
Director
TEGNA INC
Effective 2024-07-01
Filed June 20, 2024, 7:59 PM ET
appointed each of Catherine Dunleavy and Denmark West to the Board, to serve until the Company’s 2025 annual meeting of stockholders.
Effective 2024-08-12
Filed June 20, 2024, 7:59 PM ET
appointed Michael Steib as President and Chief Executive Officer and as a member of the Board, effective as of August 12, 2024
Role change
David T. Lougee
Senior Advisor
TEGNA INC
Effective 2024-08-12
Successor Michael Steib
Filed June 20, 2024, 7:59 PM ET
Mr. Lougee will retire as President and Chief Executive Officer and assume the position of Senior Advisor.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Denmark West was appointed as Director at TEGNA INC.
Action appointed
Role Director
Exact text from the filing
appointed each of Catherine Dunleavy and Denmark West to the Board, to serve until the Company’s 2025 annual meeting of stockholders.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Catherine Dunleavy was appointed as Director at TEGNA INC.
Action appointed
Role Director
Exact text from the filing
appointed each of Catherine Dunleavy and Denmark West to the Board, to serve until the Company’s 2025 annual meeting of stockholders.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Michael Steib was appointed as President and Chief Executive Officer at TEGNA INC.
Action appointed
Role President and Chief Executive Officer
Exact text from the filing
appointed Michael Steib as President and Chief Executive Officer and as a member of the Board, effective as of August 12, 2024
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
David T. Lougee changed role as Senior Advisor at TEGNA INC.
Action assumed
Role Senior Advisor
Exact text from the filing
Mr. Lougee will retire as President and Chief Executive Officer and assume the position of Senior Advisor.
View on SEC.gov
Source: SEC EDGAR
accession 0000898822-24-000003
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