Michael Biard named Nexstar President & COO effective Aug 21; Tony Wells joins Board

NEXSTAR MEDIA GROUP, INC.

Michael Biard, former Fox Corp President of Operations & Distribution, appointed Nexstar President & COO effective Aug 21, 2023.
Biard's employment agreement runs through Aug 2027; base salary $2M, target bonus 125% of salary, plus 25,000 RSUs grant.
Thomas Carter, former COO, becomes Senior Advisor through end of 2023 to assist transition.
Tony Wells, former Verizon Chief Media Officer, appointed to Board effective July 26, 2023; will serve on compensation committee.
Wells brings advertising and marketing expertise; fills vacancy left by Dennis Miller's move to lead The CW Network.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Thomas Carter

Senior Advisor

NXST · NEXSTAR MEDIA GROUP, INC.

Effective: 2023-08-21
Successor: Michael Biard
Filed: July 28, 2023, 7:59 PM ET

Mr. Biard will assume his new role from Thomas Carter, who has been named Senior Advisor effective August 21, 2023

Appointed

Michael Biard

President and Chief Operating Officer

NXST · NEXSTAR MEDIA GROUP, INC.

Effective: 2023-08-21
Filed: July 28, 2023, 7:59 PM ET

On July 25, 2023, Nexstar Media Group, Inc. (the “Company”) announced the appointment of Michael Biard, 54, as President and Chief Operating Officer of the Company effective August 21, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.8

Thomas Carter was named as Senior Advisor at NEXSTAR MEDIA GROUP, INC..

Action: named
Role: Senior Advisor

Exact text from the filing

Mr. Biard will assume his new role from Thomas Carter, who has been named Senior Advisor effective August 21, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Biard was appointed as President and Chief Operating Officer at NEXSTAR MEDIA GROUP, INC..

Action: appointed
Role: President and Chief Operating Officer

Exact text from the filing

On July 25, 2023, Nexstar Media Group, Inc. (the “Company”) announced the appointment of Michael Biard, 54, as President and Chief Operating Officer of the Company effective August 21, 2023.

View on SEC.gov

NEXSTAR MEDIA GROUP, INC. filing history →

Source: SEC EDGAR

accession 0000950170-23-035564

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