TEGNA Shareholders Approve Board Decisions
Shareholders of TEGNA Inc. (NYSE: TGNA) gathered recently for the company’s annual meeting and expressed their confidence by overwhelmingly approving all proposals put forth by the Board of Directors. This marked an important moment for TEGNA as community engagement and governance take center stage.
Leadership Retained and Transitioned
During this meeting, TEGNA’s shareholders re-elected several key figures in leadership roles. Howard D. Elias continues to serve as the Board chair, while Mike Steib retains his position as the CEO. The independent directors, including accomplished professionals such as Gina L. Bianchini and Catherine Dunleavy, were also re-elected, ensuring that TEGNA remains in capable hands.
Retirement and New Opportunities
In a significant transition, Karen H. Grimes has retired from her position on TEGNA’s Board, completing a five-year term dedicated to the company. This change paves the way for potentially new appointments that can bring fresh perspectives to the boardroom.
Key Changes for the Upcoming Year
All directors have been confirmed to serve one-year terms, concluding at the next annual meeting, where shareholders will again have opportunities to influence the company’s leadership and direction.
Governance and Accountability
At this annual gathering, TEGNA's shareholders went further by approving the compensation plans for the company’s top executives. Such measures help ensure accountability and align the interests of the leadership with those of the shareholders.
Independent Audit and Financial Oversight
Additionally, shareholders ratified the appointment of PricewaterhouseCoopers LLP as TEGNA’s independent registered public accounting firm for the fiscal year ahead. This decision reflects a commitment to transparency and accuracy in financial reporting.
About TEGNA Inc.
TEGNA Inc. is dedicated to serving communities by delivering reliable local news and essential services. The company operates 64 television stations across 51 markets, reaching more than 100 million people each month through various platforms, including web, mobile applications, and traditional television.
Building a Sustainable Future
TEGNA emphasizes its role in fostering a sustainable future for local news. It believes that delivering trusted information is vital for communities to thrive and stay engaged.
Corporate Communications and Media Inquiries
For any further media inquiries, please reach out to Molly McMahon, Senior Director of Corporate Communications, at 703-873-6422 or by email at mmcmahon@tegna.com.
Investor Communications
For investor-related inquiries, Julie Heskett, Senior Vice President and Chief Financial Officer, can be contacted at 703-873-6747 or via email at investorrelations@TEGNA.com.
Frequently Asked Questions
What proposals were approved at the TEGNA annual meeting?
All proposals put forth by the Board of Directors were approved, including the re-election of key board members.
Who are the re-elected board members?
The re-elected members include Howard D. Elias, Mike Steib, and several independent directors among others.
What significant change occurred in board membership?
Karen H. Grimes retired from the Board after serving five years, opening up room for new perspectives.
Who will oversee TEGNA’s financial audits?
PricewaterhouseCoopers LLP has been ratified as the independent public accounting firm for the next fiscal year.
How does TEGNA support local communities?
TEGNA provides essential news and services, helping over 100 million people engage with their communities each month.
