TEGNA Expands Role of Chief Growth Officer Tom Cox
Rhea-AI Summary
TEGNA (NYSE: TGNA) has expanded Tom Cox's role as Chief Growth Officer to include oversight of the company's distribution efforts. Cox will now manage TEGNA's station affiliation partnerships with major networks (NBC, CBS, ABC, and Fox) and multichannel distribution of local news, network content, and live sports.
Cox, who joined TEGNA in 2011, will maintain his existing responsibilities directing M&A, business development, and overseeing Premion's connected TV advertising business. During his tenure, he has completed over fifty transactions totaling nearly $10 billion, significantly expanding TEGNA's portfolio of local stations.
CEO Mike Steib praised Cox's 20 years of cross-functional media experience as important for strengthening the media ecosystem and supporting local news communities. Cox expressed commitment to serving TEGNA's 100 million monthly users through enhanced distribution partnerships.
Positive
- Expanded leadership role consolidating distribution and growth operations
- Track record of successful M&A with over 50 transactions worth $10 billion
- Large user base of 100 million monthly users
- Strategic partnerships with major networks (NBC, CBS, ABC, Fox)
Negative
- None.
TYSONS, Va., Feb. 17, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced that Tom Cox is stepping into an expanded role leading the company’s distribution efforts. In his new role, Cox will oversee TEGNA’s long-standing station affiliation partnerships with NBC, CBS, ABC, and Fox, in addition to the multichannel distribution of its stations’ valuable local news programming, premium network content, and live sports.
“With 20 years of deep, cross-functional media experience, Tom is the right leader to take on this expanded role,” said Mike Steib, TEGNA’s CEO. “By working with our content and distribution partners, he’ll help strengthen the media ecosystem and ensure a bright future for local news and the communities we serve.”
“I continue to be deeply motivated by our mission and I’m excited to serve our more than 100 million monthly users by deepening our relationships with our key distribution partners,” added Tom Cox.
In addition to his new responsibilities, Cox will continue to direct M&A and business development for the company. He will also continue to oversee Premion’s connected TV advertising business.
Cox joined TEGNA in 2011 as senior vice president and head of corporate development. He has completed more than fifty transactions since then, comprising a wide array of deal structures and nearly
About TEGNA
TEGNA Inc. (NYSE: TGNA) helps people thrive in their local communities by providing the trusted local news and services that matter most. Together, we are building a sustainable future for local news. With 64 television stations in 51 U.S. markets, TEGNA reaches more than 100 million people on an average monthly basis across the web, mobile apps, streaming, and linear television. For more information, visit TEGNA.com.
For media inquiries, contact:
Anne Bentley
Vice President, Chief Communications Officer
703-873-6366
abentley@TEGNA.com
For investor inquiries, contact:
Julie Heskett
Senior Vice President, Chief Financial Officer
703-873-6747
investorrelations@TEGNA.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3a7f9b9e-f9ce-4366-b90c-1e56388f5a30
FAQ
What new responsibilities has Tom Cox been given at TEGNA (TGNA)?
How many transactions has Tom Cox completed since joining TEGNA (TGNA) in 2011?
What is TEGNA's (TGNA) current monthly user base?
What existing responsibilities will Tom Cox retain at TEGNA (TGNA)?
