Meet TEGNA's Board of Directors

TEGNA's Board of Directors is a group of highly experienced and qualified professionals who are responsible for the strategic decision-making and overall direction of the company. In this article, we will explore the members of TEGNA's Board of Directors, their qualifications, the history of the board, its structure, and role in the company. We will also examine the challenges faced by the board in today's media landscape, and how it works with the management team to achieve the company's goals and vision.

Who are the members of TEGNA's Board of Directors?

TEGNA's Board of Directors is comprised of 10 members, each with a unique set of skills, experiences, and backgrounds. They are:

• Howard D. Elias
• Susan Ness
• Gary A. Ferrell
• Gracia C. Martore
• Scott K. McCune
• A. William (“Bill”) Menear
• Deb Roy
• Neal Shapiro
• Susan M. Swain
• Lidia Pretto Karp

Each of these members brings unique skills to the board. For example, Howard D. Elias has extensive experience in the technology industry, while Gracia C. Martore has a background in finance and accounting. Susan Ness is an expert on communications policy, and A. William (“Bill”) Menear has extensive experience in the television industry. Together, their diverse experiences and perspectives contribute to the strength of TEGNA's Board of Directors.

In addition to their individual expertise, TEGNA's Board of Directors also has a strong commitment to corporate responsibility and community engagement. For example, Susan M. Swain serves on the board of the National Association of Broadcasters Education Foundation, which supports diversity and inclusion in the media industry. Neal Shapiro is the CEO of WNET, a public media organization that produces educational programming for children and adults.

TEGNA's Board of Directors also prioritizes innovation and growth. Lidia Pretto Karp has experience in digital media and e-commerce, and Gary A. Ferrell has a background in mergers and acquisitions. These skills are particularly valuable as TEGNA continues to expand its digital offerings and explore new business opportunities.

What is TEGNA and what does it do?

TEGNA is an American media company that owns and operates a number of television stations across the United States, as well as a digital media subsidiary, TEGNA Digital. TEGNA's mission is to provide high-quality local news and information to the communities it serves. Its stations are affiliates of major networks such as NBC, CBS, and ABC, and include both national and local news programming.

In addition to its television stations, TEGNA also operates a number of digital platforms, including websites and mobile apps, that provide news and information to its audience. These platforms allow TEGNA to reach a wider audience and provide up-to-date news and information in real-time.

TEGNA is also committed to community involvement and philanthropy. The company has a foundation, the TEGNA Foundation, which supports local non-profit organizations and community initiatives. TEGNA employees are encouraged to volunteer and give back to their communities, and the company has a program that matches employee donations to non-profit organizations.

The role of the Board of Directors in TEGNA's decision-making process

The Board of Directors is responsible for overseeing and guiding the strategic decision-making process of TEGNA. This includes setting the company's vision and goals, as well as evaluating and approving major business decisions. The board works closely with the company's management team to achieve these goals, and also represents the interests of both shareholders and stakeholders.

Additionally, the Board of Directors is responsible for ensuring that TEGNA operates in compliance with all applicable laws and regulations. They also monitor the company's financial performance and ensure that appropriate risk management strategies are in place. The board regularly reviews and assesses the effectiveness of TEGNA's corporate governance practices to ensure that they are aligned with best practices and meet the expectations of stakeholders.

How TEGNA's Board of Directors is structured and organized

TEGNA's Board of Directors is structured so as to promote independence and diversity of perspective. It includes a lead independent director, who serves as a liaison between the board and management, and is responsible for facilitating communication among directors. Additionally, the board has established a number of committees that focus on specific areas of responsibility such as audit, compensation, and governance.

Furthermore, TEGNA's Board of Directors is composed of individuals with diverse backgrounds and experiences, including business, media, and technology. This diversity allows for a range of perspectives and ideas to be brought to the table when making important decisions for the company. The board also regularly evaluates its own performance and seeks feedback from shareholders to ensure that it is operating effectively and in the best interest of the company and its stakeholders.

The qualifications and experience required to serve on TEGNA's Board of Directors

The members of TEGNA's Board of Directors are chosen for their expertise in business, media, finance, and other relevant areas. They typically have extensive experience in their respective fields, as well as a track record of success in leadership positions. The board also seeks diversity in terms of gender, race, and background in order to ensure a broad range of perspectives.

In addition to the qualifications mentioned above, TEGNA's Board of Directors also looks for individuals who possess strong communication and interpersonal skills. This is because board members are expected to work collaboratively with each other and with the company's management team. They must be able to effectively communicate their ideas and opinions, while also being open to feedback and constructive criticism.

Furthermore, TEGNA's Board of Directors values individuals who have a strong commitment to corporate social responsibility. This means that they prioritize ethical and sustainable business practices, as well as giving back to the communities in which they operate. Board members are expected to uphold these values and ensure that the company is operating in a socially responsible manner.

The history and evolution of TEGNA's Board of Directors

TEGNA's Board of Directors has gone through several changes over the years. In 2015, the company underwent a major restructuring, which included the creation of a new board of directors. Since then, the board has focused on enhancing TEGNA's position as a leading media company by investing in digital platforms and expanding its reach into new markets.

How TEGNA's Board of Directors is elected and appointed

Members of TEGNA's Board of Directors are elected by shareholder vote at the company's annual meeting. The board also has the authority to appoint additional members as needed. The nomination process is overseen by a committee of independent directors and typically involves a search for qualified candidates who can bring relevant experience and skills to the board.

Once elected or appointed, members of TEGNA's Board of Directors serve for a term of one year. However, they may be re-elected or re-appointed for additional terms. The board is responsible for overseeing the company's management and making strategic decisions that will benefit the company and its shareholders.

In addition to their regular duties, members of TEGNA's Board of Directors are also expected to adhere to a code of ethics and conduct themselves in a professional and ethical manner at all times. This includes avoiding conflicts of interest and ensuring that their actions are always in the best interests of the company and its shareholders.

The responsibilities and duties of TEGNA's Board of Directors

The responsibilities and duties of TEGNA's Board of Directors include setting the company's strategic vision and goals, evaluating and approving major business decisions, and overseeing the performance of the management team. The board is also responsible for representing the interests of shareholders and stakeholders, and ensuring that the company operates in an ethical and responsible manner.

In addition to these core responsibilities, TEGNA's Board of Directors also plays a crucial role in risk management and oversight. This includes identifying and assessing potential risks to the company, developing strategies to mitigate those risks, and monitoring the effectiveness of risk management efforts. The board also ensures that the company complies with all relevant laws and regulations, and maintains effective communication with shareholders and other stakeholders.

The challenges faced by TEGNA's Board of Directors in today's media landscape

TEGNA's Board of Directors faces a number of challenges in today's rapidly changing media landscape. This includes competition from digital media platforms, evolving consumer behavior, and shifts in advertising revenue. To address these challenges, the board is focused on investing in digital platforms, expanding its reach into new markets, and creating innovative programming that engages viewers across all platforms.

Another challenge faced by TEGNA's Board of Directors is the increasing demand for personalized content. With the rise of social media and streaming services, viewers have become accustomed to tailored content that caters to their interests and preferences. To meet this demand, TEGNA is exploring new technologies and data analytics to better understand its audience and deliver more personalized content.

In addition, TEGNA's Board of Directors must also navigate the complex regulatory environment surrounding media ownership and content distribution. This includes compliance with FCC regulations, negotiating with cable and satellite providers, and addressing concerns over media consolidation. To address these challenges, TEGNA is working closely with industry groups and government agencies to ensure compliance and advocate for policies that support a diverse and competitive media landscape.

How TEGNA's Board of Directors works with the company's management team

TEGNA's Board of Directors works closely with the company's management team to develop and execute its strategic vision. This includes regular communication and collaboration with senior executives, as well as ongoing oversight of performance metrics to ensure that the company is meeting its goals and objectives.

The impact that TEGNA's Board of Directors has on the company's overall strategy and vision

TEGNA's Board of Directors plays a critical role in shaping the company's overall strategy and vision. Through its oversight of the management team and strategic decision-making, the board ensures that the company remains competitive and relevant in today's changing media landscape. The board's focus on innovation, customer engagement, and community impact helps to ensure that TEGNA remains a leader in local news and information.

The relationship between TEGNA's Board of Directors, shareholders, and stakeholders

The Board of Directors represents the interests of both shareholders and stakeholders in its decision-making. This includes a focus on long-term value creation, transparency, and ethical behavior. The board also seeks to promote diversity, equity, and inclusion both within the company and in its relationships with stakeholders.

The future direction and goals for TEGNA under the leadership of its current Board of Directors.

Under the leadership of its current Board of Directors, TEGNA is focused on growth and innovation. The company is investing in digital platforms, expanding its reach into new markets, and creating innovative programming that engages viewers across all platforms. The board's focus on increasing shareholder value, promoting diversity and inclusion, and creating value for stakeholders will continue to guide TEGNA's direction in the years to come.

How the diversity and inclusion efforts are reflected within the composition of the board members

TEGNA's Board of Directors is committed to promoting diversity and inclusion both within the company and in its relationships with stakeholders. The board seeks to ensure that there is diversity of thought, experience, and perspective among its members. This includes a focus on gender and racial diversity, as well as diversity of background and expertise. The board's commitment to diversity and inclusion helps to ensure that TEGNA remains a leader in local news and information, and continues to maintain strong relationships with its stakeholders.

An analysis on how the board members have contributed to the success or failure for past business decisions made by TEGNA

The past success or failure of TEGNA's business decisions is impacted by a variety of factors including industry trends, economic conditions, and competition. The Board of Directors plays a critical role in ensuring that management makes informed and strategic decisions that align with the company's long-term goals. While each member of the board brings unique skills and experience to the table, it is difficult to attribute success or failure to any one individual. Instead, the board's collective decision-making process is what ultimately determines the success or failure of the company's business decisions.

In conclusion, TEGNA's Board of Directors plays a critical role in guiding the strategic direction of the company. Its focus on innovation, customer engagement, and community impact helps to ensure that TEGNA remains a leader in local news and information. Through its commitment to diversity and inclusion, the board ensures that there is diversity of thought, experience, and perspective among its members, which helps TEGNA to maintain strong relationships with shareholders and other stakeholders.