STOCK TITAN

TEGNA CEO Patrick Paolini Appoints Kurt Rao Executive Vice President and Chief Technology and Digital Products Officer 

TEGNA (NASDAQ:NXST) appointed Kurt Rao as executive vice president and chief technology and digital products officer, a newly created role reporting to CEO Patrick Paolini.

(Neutral)
(Neutral)
Tags

TEGNA (NASDAQ:NXST) appointed Kurt Rao as executive vice president and chief technology and digital products officer, a newly created role reporting to CEO Patrick Paolini.

Rao will oversee end-to-end technology strategy and digital product development, uniting product, technology, engineering, and operations across broadcast, streaming, mobile, and digital platforms.

Loading...
Loading translation...

Positive

  • Creation of a new executive vice president and chief technology and digital products officer role
  • Consolidation of product management, technology, engineering, and operations under one leader
  • Rao’s experience since 2018 leading TEGNA’s technology strategy and digital transformation
  • Focus on proprietary AI tools and next-generation technology for content, distribution, and advertising insights

Negative

  • None.
Argus Jun 16 session
-0.10% close to close Open Argus
Details

News Market Reaction – NXST

In the Jun 16 session, NXST declined 0.10%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Nexstar’s focus on strengthening TEGNA’s technology and digital product...
Analysis

This announcement highlights Nexstar’s focus on strengthening TEGNA’s technology and digital product leadership by elevating Kurt Rao, who has led its digital transformation since 2018, into a newly created executive role. In context with recent management appointments and strategic updates through May–June 2026, it underscores ongoing organizational realignment. Investors may watch how unified product, engineering, and operations efforts translate into audience engagement and monetization across broadcast, streaming, mobile, and digital platforms.

Key Figures

Publication date: June 16, 2026 Tenure at TEGNA: Since 2018
Publication date
June 16, 2026
Announcement of Kurt Rao’s new executive role
Tenure at TEGNA
Since 2018
Year Kurt Rao joined TEGNA as SVP and CTO

Historical Context

5 past events · Latest: Jun 02
5 events
  1. Jun 02

    Journalism awards

    24h Move
    -1.7%

    Nexstar stations won 34 Regional Edward R. Murrow Awards for journalism.

  2. Jun 01

    Charitable initiative

    24h Move
    +3.4%

    Nexstar expanded its “30 Days of Giving” grants totaling $300,000 to charities.

  3. May 26

    CEO appointment

    24h Move
    -0.3%

    TEGNA, a Nexstar subsidiary, named Patrick Paolini as Chief Executive Officer.

  4. May 11

    Management changes

    24h Move
    -2.7%

    Nexstar appointed Elizabeth Ryder as EVP, General Counsel and made other promotions.

  5. May 11

    Investor conferences

    24h Move
    +0.0%

    Nexstar announced participation in two upcoming institutional investor conferences.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

ai tools
1 terms
ai tools technical
"including the creation and implementation of proprietary AI tools."
AI tools are software systems that use machine learning and other artificial intelligence methods to analyze data, make predictions, automate tasks, or generate content without constant human direction. For investors, they matter because these tools can change a company's costs, productivity, competitive edge and risk profile—like upgrading from manual bookkeeping to a smart assistant that works faster and may reveal hidden opportunities or new threats to profits.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

In this role, Rao will oversee technology strategy and digital product development

MCLEAN, Va., June 16, 2026 (GLOBE NEWSWIRE) -- TEGNA Inc. (NASDAQ: NXST) CEO Patrick Paolini today announced that Kurt Rao has been named executive vice president and chief technology and digital products officer. In this newly created role, Rao will lead the end-to-end strategy and execution for TEGNA’s digital products and technology platforms, uniting product management, technology, engineering and operations to deliver local news and information across broadcast, streaming, mobile, and digital platforms.

“As audience behaviors continue to evolve, innovation must be at the center of everything we do,” said Paolini. “Uniting our technology, digital, and product organizations creates a stronger, more agile TEGNA – one that can move faster, serve consumers more effectively, and position our company for long term growth in an increasingly competitive media landscape.”

Rao joined TEGNA in 2018 as senior vice president and chief technology officer. In this role, he has been leading TEGNA’s digital transformation, overseeing all facets of TEGNA’s technology strategy, including the creation and implementation of proprietary AI tools. He has been responsible for next-generation technology solutions in the areas of content, media distribution and advertising insights, while also leading broadcast operations and information technology.

“I’m excited to take on this new role,” said Rao. “New capabilities and technologies are redefining how we deliver local news. By bringing our broadcast, digital, and product teams together, we can adopt these tools quickly and at scale to create better, more engaging experiences for our viewers and advertisers across every platform.”

Rao is the first officer named to TEGNA's executive leadership team reporting to CEO Patrick Paolini.

About TEGNA
TEGNA Inc. is a wholly owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST), operating independently of Nexstar consistent with the “Hold Separate Order” issued by the United States District Court for the Eastern District of California on April 17, 2026. TEGNA is a multiplatform media company operating 64 local television stations in 51 U.S. markets, and hundreds of websites, mobile and Connected TV (CTV) apps, and Premion, a leading Connected TV and Over-the-Top (OTT) advertising platform.

Media Contact
Molly McMahon
Senior Director, Corporate Communications
TEGNA Inc.
703/873-6422 or mmcmahon@tegna.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e7fc5c73-8c5b-40a6-b7ec-8c47c0db3228


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What management change did TEGNA (NASDAQ:NXST) announce on June 16, 2026?

TEGNA announced that Kurt Rao was named executive vice president and chief technology and digital products officer. According to TEGNA, this newly created role reports directly to CEO Patrick Paolini and oversees end-to-end strategy and execution for digital products and technology platforms.

What will Kurt Rao oversee as TEGNA’s chief technology and digital products officer?

Kurt Rao will lead TEGNA’s technology strategy and digital product development. According to TEGNA, he will unite product management, technology, engineering, and operations to deliver local news and information across broadcast, streaming, mobile, and other digital platforms nationwide.

How has Kurt Rao contributed to TEGNA (NASDAQ:NXST) since joining in 2018?

Since 2018, Kurt Rao has led TEGNA’s digital transformation as senior vice president and chief technology officer. According to TEGNA, he oversaw technology strategy, proprietary AI tools, next-generation content and media distribution solutions, advertising insights, broadcast operations, and information technology functions.

Why did TEGNA create the new chief technology and digital products officer role?

TEGNA created the role to better align technology and digital product efforts as audience behaviors evolve. According to TEGNA, uniting technology, digital, and product organizations is intended to improve agility, serve consumers more effectively, and position the company for long-term growth.

To whom will Kurt Rao report in his new TEGNA executive role?

In his new role, Kurt Rao will report directly to CEO Patrick Paolini. According to TEGNA, Rao is the first officer named to the company’s executive leadership team under Paolini, reflecting the strategic importance of technology and digital products leadership.

Keep reading