Meet the Gray Television Board of Directors

Gray Television is a leading media company that operates over 100 top-rated television stations across the United States. At the helm of this successful company is a group of directors who provide strategic direction and oversight of the company's affairs. In this article, we'll take a closer look at the Gray Television Board of Directors and explore everything from its history and structure to the backgrounds and qualifications of each member.

Who are the members of the Gray Television Board of Directors?

The Gray Television Board is made up of seven members who collectively bring a wealth of experience and expertise to the table. Each member is elected by the shareholders of the company and serves a term of one year. The current members of the Board are as follows:

• Hilton H. Howell Jr. - Chairman, President, and CEO
• Robert S. Prather Jr. - Vice Chairman of the Board
• Harriett J. Robinson - Lead Independent Director
• James C. Consagra - Independent Director
• Stephen E. Gray - Independent Director
• Kathleen M. Jaeckels - Independent Director
• Robin Robinson - Independent Director

Each member of the Gray Television Board of Directors brings a unique set of skills and experiences to the company. Hilton H. Howell Jr., the Chairman, President, and CEO, has over 30 years of experience in the broadcasting industry. Robert S. Prather Jr., the Vice Chairman of the Board, has over 40 years of experience in the media industry and has served on the board of several other media companies. Harriett J. Robinson, the Lead Independent Director, has over 25 years of experience in finance and accounting. James C. Consagra, an Independent Director, has over 30 years of experience in the media industry and has held executive positions at several media companies. Stephen E. Gray, an Independent Director, has over 20 years of experience in the telecommunications industry. Kathleen M. Jaeckels, an Independent Director, has over 30 years of experience in the financial services industry. Robin Robinson, an Independent Director, has over 20 years of experience in the media industry and has worked as a news anchor and reporter for several television stations.

The history of the Gray Television Board of Directors

The Gray Television Board of Directors was established in 1993 when the company went public. Since then, the Board has overseen the growth and success of the company, which now includes over 100 television stations in 57 markets across the country.

In addition to overseeing the company's growth, the Board of Directors has also been responsible for making important strategic decisions. For example, in 2017, the Board approved the acquisition of the Raycom Media group, which added dozens of new stations to Gray Television's portfolio.Furthermore, the Board of Directors has also been committed to promoting diversity and inclusion within the company. In 2020, Gray Television announced the formation of a Diversity, Equity, and Inclusion (DEI) Task Force, which is responsible for developing and implementing initiatives to promote diversity and inclusion at all levels of the company. The Board of Directors has been actively involved in supporting the DEI Task Force and ensuring that Gray Television remains a leader in promoting diversity and inclusion in the media industry.

How the Gray Television Board of Directors is structured

The Gray Television Board is structured in a way that allows for effective governance and oversight. The Board is headed by the Chairman, President, and CEO of the company, and includes six independent directors. The Lead Independent Director provides guidance and leadership to the other independent directors and serves as a liaison between the Board and the company's management team.

In addition to the Chairman, President, and CEO, and the six independent directors, the Gray Television Board also includes two directors who are affiliated with major shareholders of the company. These directors bring a unique perspective to the Board and ensure that the interests of the company's shareholders are represented.

The Board of Directors meets regularly throughout the year to review the company's performance, set strategic goals, and make important decisions. In addition to these regular meetings, the Board also has several committees that focus on specific areas of the company's operations, such as finance, compensation, and governance. These committees allow the Board to dive deeper into important issues and make informed decisions that benefit the company and its stakeholders.

What is the role of the Gray Television Board of Directors?

The main role of the Gray Television Board of Directors is to provide oversight and strategic direction for the company. They are responsible for setting company policy, ensuring that the company's financial statements are accurate and transparent, and approving major business decisions. The Board also plays a critical role in ensuring that the company is operating in compliance with all applicable laws and regulations.

In addition to their primary responsibilities, the Gray Television Board of Directors also plays a key role in ensuring that the company is meeting its social and environmental responsibilities. This includes monitoring the company's impact on the environment, promoting diversity and inclusion within the company, and supporting community initiatives. The Board recognizes that a strong commitment to social responsibility is not only the right thing to do, but it also helps to build a strong and sustainable business for the future.

The responsibilities and duties of the Gray Television Board of Directors

The responsibilities of the Gray Television Board of Directors include:

• Setting company strategy and policies
• Overseeing the company's financial performance
• Approving major business decisions, such as mergers and acquisitions
• Ensuring legal and regulatory compliance
• Managing risk and protecting shareholder interests
• Appointing and evaluating senior executives
• Ensuring the company maintains good corporate citizenship

In addition to the above responsibilities, the Gray Television Board of Directors also plays a crucial role in ensuring the company's long-term sustainability. This includes developing and implementing environmental, social, and governance (ESG) policies that align with the company's values and goals.

Furthermore, the Board of Directors is responsible for maintaining effective communication with shareholders and other stakeholders. This includes providing regular updates on the company's performance, responding to inquiries and concerns, and engaging in constructive dialogue to address any issues that may arise.

The backgrounds and qualifications of each member on the Gray Television Board

Each member of the Gray Television Board of Directors brings a unique set of skills, expertise, and backgrounds to the position. Here's a brief overview of each member's qualifications:

• Hilton H. Howell Jr. - Over 30 years of experience in the media industry, including leadership roles at several television and radio stations.
• Robert S. Prather Jr. - Former COO of Gray Television, with more than 45 years of experience in the media industry.
• Harriett J. Robinson - Attorney with over 30 years of experience in corporate law and governance.
• James C. Consagra - Former partner at PwC with over 30 years of experience in accounting and finance.
• Stephen E. Gray - Former General Counsel and Director of Human Resources at Gray Television, with over 40 years of experience in the media industry.
• Kathleen M. Jaeckels - Extensive experience in the financial sector, with over 25 years of experience in investment banking and finance.
• Robin Robinson - Over 30 years of experience in the media industry, including roles as an anchor and investigative reporter.

In addition to their impressive backgrounds and qualifications, the Gray Television Board of Directors is committed to diversity and inclusion. The board includes members from a variety of ethnic and racial backgrounds, as well as a mix of genders and ages. This diversity allows for a range of perspectives and ideas to be brought to the table, ultimately leading to better decision-making for the company and its stakeholders.

What makes the Gray Television Board of Directors unique?

One thing that sets the Gray Television Board of Directors apart is its independence. With six out of seven members serving as independent directors, the Board is able to provide objective oversight and guidance to the company's management team. Additionally, the Board's collective expertise in the media industry allows them to provide strategic guidance that is tailored to the company's unique needs and challenges.

Another unique aspect of the Gray Television Board of Directors is its commitment to diversity and inclusion. The Board actively seeks out individuals from diverse backgrounds and experiences to bring a variety of perspectives to the table. This not only enhances the decision-making process, but also reflects the diverse audiences that Gray Television serves across the country. By prioritizing diversity and inclusion, the Board is able to better understand and respond to the needs of its viewers and communities.

How has the Gray Television Board impacted the company’s growth and success?

The Gray Television Board of Directors has played a critical role in the company's growth and success over the years. By providing strategic direction and oversight, the Board has helped the company navigate through changes in the media industry and secure its position as a leading media company in the United States.

An in-depth analysis of each member's contributions to Gray Television

Each member of the Gray Television Board of Directors has made significant contributions to the company's growth and success. Here's a closer look at some of their key achievements:

• Hilton H. Howell Jr. - Expanded the company's television station portfolio through strategic acquisitions, resulting in increased revenue and profitability.
• Robert S. Prather Jr. - Played a key role in the company's transition from a small family-owned business to a leading national media company.
• Harriett J. Robinson - Provided oversight and guidance in the development of the company's corporate governance policies and procedures.
• James C. Consagra - Provided expert guidance on financial reporting and accounting, ensuring the accuracy and transparency of the company's financial statements.
• Stephen E. Gray - Provided strategic guidance on regulatory compliance and helped the company navigate complex legal and regulatory issues.
• Kathleen M. Jaeckels - Provided financial expertise and guidance on the company's capital structure and funding strategies.
• Robin Robinson - Provided valuable insight into the media industry as an experienced journalist and anchor.

The selection process for members of the Gray Television Board

The selection process for members of the Gray Television Board is based on a number of factors, including their experience, expertise, and qualifications. The Board is committed to ensuring diversity in its membership, and actively seeks out candidates from a variety of backgrounds and industries.

The challenges faced by the Gray Television Board and how they addressed them

The Gray Television Board of Directors has faced a number of challenges over the years, including changing market conditions and regulatory uncertainty. In response, the Board has remained agile and adaptable, adjusting its strategy and policies to meet the needs of the company and its shareholders.

Future plans for the Gray Television Board and their impact on company strategy

The Gray Television Board of Directors is committed to continuing its tradition of providing effective governance and oversight to the company. As the media industry continues to evolve, the Board will remain vigilant and proactive in addressing emerging challenges and opportunities.

How does the Gray Television Board compare to other media companies' boards?

The Gray Television Board of Directors is widely regarded as one of the most effective and efficient boards in the media industry. Its focus on independence and expertise is a key factor in its success, as is its commitment to good corporate citizenship.

Expert opinions on the effectiveness and efficiency of the Gray Television Board

Industry experts agree that the Gray Television Board of Directors is an effective and efficient governing body that provides sound guidance and oversight to the company. Its focus on independence and expertise allows it to provide objective guidance that is tailored to the company's unique needs and challenges.

In conclusion, the Gray Television Board of Directors is a skilled and experienced group of individuals that plays a critical role in the success of Gray Television. From setting strategy and policies to providing oversight and guidance, the Board is committed to ensuring that Gray Television remains a leading media company in the United States.