– USA, TX – Nexstar Media Group, Inc. (NASDAQ: NXST) announced the appointment of Ellen Johnson to its Board as an independent Director effective October 1, 2024.
About Ellen Johnson
Ellen Johnson serves as EVP, and CFO of Interpublic Group of Companies (NYSE: IPG), one of the world’s leading providers of marketing and advertising solutions. In this role, she has direct management responsibility for all areas of Global Finance, Information Technology, and Investor Relations, and is the executive sponsor of ESG programs related to climate action, social programs, and governance across IPG. She also oversees the mergers and acquisitions and financial planning functions.
Before becoming CFO in 2020, Ms. Johnson was IPG’s SVP of Finance and Treasurer, with direct responsibility for Treasury, Corporate Development, and Financial Planning and Analysis, managing the company’s liquidity, capital structure, and relationships with banks and rating agencies.
Under her leadership, IPG has transformed its balance sheet and has increased the strength of its financial position. She helped initiate IPG’s return of capital programs in 2011. Since that time, the company has returned $7.2 billion to shareholders in dividends and share repurchases. Additionally, Ms. Johnson has significantly strengthened the company’s approach to mergers and acquisitions, including the integration and review process. In 2018, she played a key role in IPG’s strategic acquisition and successful financing of Acxiom for $2.3 billion, enabling the company to expand profitability during a period of significant investment, while maintaining its strong balance sheet and investment-grade credit ratings.
Ms. Johnson is a CPA who holds an Executive MBA in Finance from New York University Stern School of Business and a Bachelor’s degree from the State University at Albany.
About Nexstar Media Group, Inc.
Nexstar Media Group, Inc. is a leading diversified media company that produces and distributes engaging local and national news, sports, and entertainment content across its television and digital platforms, including more than 310,000 hours of programming produced annually by its business units. Nexstar owns America’s largest local television broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 220 million people. Nexstar’s national television properties include The CW, America’s fifth major broadcast network, NewsNation, our national news network providing “News for All America,” popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. The Company’s portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com, are collectively a Top 10 U.S. digital news and information property.
For more information: https://www.nexstar.tv/
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