Nexstar Names Lee Ann Gliha As CFO

Nexstar Media Group, Inc. Monday announced that Lee Ann Gliha has been named Executive Vice President and Chief Financial Officer effective August 9, 2021. Gliha will oversee all financial aspects of the Company’s business, including internal and external financial reporting, internal audit, compliance and controls, investor relations, and treasury and capital markets functions, and will take a prominent role in strategic planning, business development, and mergers and acquisitions. Ms. Gliha will assume the CFO role from Thomas E. Carter, who was named President and Chief Operating Officer in October 2020 and has served as the Company’s Executive Vice President and Chief Financial Officer since joining the Company in 2009.

Lee Ann Gliha

Gliha brings more than 20 years of experience in media, broadcasting, and entertainment investment banking to her new role at Nexstar, serving most recently as a Managing Director at Jefferies LLC., since 2016. Over the course of her career, she has advised a wide range of clients and structured transactions worth more than $90 billion, primarily in the technology, media, and telecommunications (TMT) sector, including mergers, acquisitions, divestures, and debt and equity financings.

"Lee Ann is an accomplished finance leader who understands the rapidly evolving media ecosystem and brings extensive industry relationships to her new role at Nexstar," said Mr. Carter. "This background will be invaluable to Nexstar’s senior management team, Board of Directors, and our experienced finance team, and will be instrumental in advancing our strategic objectives with the goal of further enhancing shareholder value."

Prior to joining Jefferies, Gliha served as a Managing Director at Houlihan Lokey from 2008 to 2016, specializing in media and out-of-home entertainment investment banking. During her tenure, Ms. Gliha completed more than 30 transactions and in 2011 was named to Investment Dealers' Digest 40 Under 40 Dealmakers List. Before joining Houlihan Lokey, Gliha held a variety of positions of increasing responsibility in the banking and finance industry at companies such as UBS Investment Bank, Banc of America Securities, and Live Nation, Inc., where she served as Executive Vice President of Corporate Finance from 2006 to 2008 and was responsible for the company’s mergers and acquisitions, financing, and investor relations functions.