Perry A. Sook
President – Chairman, CEO and Director
Perry A. Sook has over 37 years of professional experience in the television and radio broadcasting industries, covering all facets of the business including ownership and M&A, management, sales, on-air talent and news. He founded Nexstar in 1996 with one local television station in Scranton, PA and began building the foundation of what is today one of the world’s leading local marketing and content companies that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Based in Irving, TX, Nexstar trades on NASDAQ under the symbol NXST.
Reflecting the recently completed $4.6 billion accretive acquisition of Media General, Nexstar Media Group is the second largest local broadcast television operator in the United States with 170 stations reaching 100 markets, or approximately 39% of all television households, and annual revenue in excess of $2.3 billion. As one of the nation’s leading providers of local news, entertainment, sports, lifestyle and network programming, Nexstar produces and distributes over 185,000 hours of local content per year. In addition, Nexstar’s digital properties provide innovative digital marketing solutions and services to local and national media companies, advertisers, agencies and brands.
Prior to Nexstar, Sook was one of the principals of Superior Communication Group, Inc., which was sold in 1995 to Sinclair Broadcast Group. Before Superior, Sook was President/CEO of Seaway Communication, Inc., owner of network affiliated stations in Bangor, ME and Wausau, WI. Before being recruited to run Seaway, he worked in the television industry as a General Sales Manager, acting General Manager and National Sales Manager. Sook previously spent five years with Cox Broadcasting, first in local sales in Pittsburgh then at Telerep, Inc., as a National Account Executive. Early in his career, Sook was involved in local TV sales and radio sales. Sook also worked briefly as a television news anchor at the CBS affiliate in Clarksburg, WV.
Sook was recently elected to serve as the Chairman of the TVB, the not-for-profit trade association of America’s local broadcast television industry. In addition to serving on the Board of TVB, Mr. Sook is a Board Member of the National Association of Broadcasters (NAB), the CBS Affiliate Board, the Broadcasters Foundation of America Board, and is Chairman of The Ohio University Foundation Board. Mr. Sook was named 2009 Broadcaster of the Year by Broadcasting and Cable (B&C) and was among the honorees inducted into the 2014 B&C Hall of Fame. He was inducted to The Library of American Broadcasting Foundation’s 2016 Giants of Broadcasting and Electronic Arts and received The Media Institute’s 2016 American Horizon Award, recognizing his leadership, promoting the vitality and independence of American media.
Sook did his undergraduate work at Ohio University in Athens, OH and was an adjunct professor at Edinboro State University of Pennsylvania.
He and his wife Sandra have three children; Laura, Victoria and Perry, Jr., and reside in Flower Mound, Texas.
Geoff Armstrong became a Director in November 2003. Mr. Armstrong is Chief Executive Officer of 310 Partners, a private investment firm. From March 1999 through September 2000, Mr. Armstrong was the Chief Financial Officer of AMFM, Inc., which was publicly traded on the New York Stock Exchange until it was purchased by Clear Channel Communications in September 2000. From June 1998 to February 1999, Mr. Armstrong was Chief Operating Officer and a director of Capstar Broadcasting Corporation, which merged with AMFM, Inc. in July 1999. Mr. Armstrong was a founder of SFX Broadcasting, which went public in 1993, and subsequently served as Chief Financial Officer, Chief Operating Officer, and a director until the company was sold in 1998 to AMFM. Mr. Armstrong has served as a director and the chairman of the audit committee of Radio One, Inc. since June 2001 and May 2002, respectively.
Dennis J. FitzSimons
Dennis J. FitzSimons is Chairman of the Board of the Robert R. McCormick Foundation, a charitable organization with assets of more than $1.5 billion. The Foundation focuses its charitable giving on early childhood education, journalism, First Amendment rights and citizenship, seeing its mission as advancing the ideals of a free, democratic society.
FitzSimons has served as a director of Media General, a publicly-traded Richmond, Virginia-based diversified media company with interests in television and digital media from June 2009 to January 2016, chairing the Compensation Committee. He also has served as a director of Time Inc. since its spin-off from Time Warner in June 2014.
FitzSimons served as Chairman/CEO of Tribune Company until December 2007, stepping down upon completing the sale of the company to an Employee Stock Ownership Plan and Sam Zell. The transaction brought to a close a 25-year career at the company.
Prior to Tribune, FitzSimons held a number of sales and marketing positions at Viacom; TeleRep, Inc., a division of Cox Broadcasting; and Blair Television. He started his media career at Grey Advertising in New York.
FitzSimons chaired the Media Security and Reliability Council for the FCC from 2002 to 2004, and was a director of The Associated Press from 2004 to 2007.
Jay M. Grossman
Jay Grossman joined ABRY in 1996. While at ABRY, Jay has led numerous transactions throughout the media sector. Areas of focus have included broadcasting, cable television, satellite communications, rural telephony, data centers and business services. Prior to joining ABRY, he was Managing Director and co-head of the Media and Entertainment Group at Prudential Securities, Inc. Previously, he was a member of the corporate finance department of Kidder, Peabody & Company, specializing primarily in media and entertainment companies. Jay received an MBA from Harvard Business School and is an honors graduate of Dickinson College.
Lisbeth R. McNabb
Lisbeth McNabb is CEO and founder of w2wlink.com. After driving high levels of growth as CFO and Strategist for Match.com in October 2007 she launched a professional women’s content and community website business. Her professional background includes 20+ years in sales and business development, operations, finance and planning in growth and emerging stage businesses at Match.com, Frito-Lay, American Airlines, AT&T and Sodexo. w2wlink is a portfolio company of Astia.
Lisbeth is a member of the board of directors for Nexstar Broadcasting, a Media company listed on NASDAQ, an advisory board member of American Airlines Women Business Segment, Southern Methodist University Women Executive Education Strategy, company advisor to digital, technology and consumer companies including Sittercity.com and GenGreen. Lisbeth is a steering committee member of Women Corporate Directors — Dallas and a member of NACD and Entrepreneurs Foundation of Texas. A mentor at Southern Methodist University and a former mentor at Mentium.
She received her B.S. at University of Nebraska and M.B.A. from Southern Methodist University in Dallas.
Thomas McMillen became a Director in July 2014. Mr. McMillen was a Rhodes Scholar and played 11 years in the NBA. Thereafter he served 3 terms in the U.S. House of Representatives from Maryland, serving on various Finance and Commerce Committees. Mr. McMillen has been an active investor, principal and board member in various ventures in media and telecommunications and is currently the CEO of LEAD1 Association, an association of the largest college sports programs.
Dennis Miller has spent the last 25 years operating at the intersection of media and tech. Most recently, he advised Lionsgate on their digital strategy and their investment in TVGN, a fully distributed cable network through its sale to CBS. From 2005 to 2012, Mr. Miller was a General Partner at Spark Capital. Spark Capital has invested in such notable companies as Twitter (TWTR), Oculus Rift (sold to Facebook), Tumblr (sold to Yahoo), OMGPOP (sold to Zynga), Square, 5min (sold to AOL), Next New Networks (sold to Google) CNET (sold to CBS), AdMeld (sold to Google), and AdapTV (sold to AOL).
From 2000 to 2005, Mr. Miller was Managing Director for Constellation Ventures, the venture arm of Bear Stearns. There he led investments in TVONE (sold to Comcast), College Sports Network (sold to CBS), Widevine (sold to Google), K12 (taken public: LRN) and Capital IQ (sold to McGraw-Hill).
From 1998 until 2000, Mr. Miller served as Executive Vice President of Lionsgate Entertainment, the leading independent film and television company in the United States. From 1995 until 1998, Mr. Miller was the Executive Vice President of Sony Pictures Entertainment, a subsidiary of Sony Corporation of America and a global motion picture, television and entertainment production and distribution company with operations in 140 countries, where he oversaw the network, cable, syndication and online businesses of the company, domestically and globally. From 1991 to 1995, Mr. Miller was Executive Vice President of Turner Network Television. Mr. Miller began his career in the entertainment and tax department of the law firm of Manatt, Phelps, Rothenberg and Tunney. Mr. Miller also serves on the Board of Directors of Radio One Inc (ROIA), Nexstar (NXST) and Canaccord.
John R. Muse
John Muse has over 25 years of experience in private equity and is currently the chair of the Lucchese, Inc. and Free Flow Wines, a leading packaging and logistics company serving the wine on tap segment. He is also on the (public) Board of Directors of Dean Foods, NexStar Media Group, and (private) CSM Bakery Solutions. His philanthropic interests in education, community and human services have inspired him to serve on the Board of Visitors for the UCLA Anderson School of Management and the Klyde Warren Park Board. John received his B.S. in Engineering Management from the United States Air Force Academy and his M.B.A. from the University of California, Los Angeles.
I. Martin Pompadur
I. Martin Pompadur became a Director in November 2003. In June of 1998, Mr. Pompadur joined News Corporation as Executive Vice President of News Corporation. President of News Corporation Eastern and Central Europe and a member of News Corporation’s Executive Management Committee. In January 2000, Mr. Pompadur was appointed Chairman of News Corp Europe. Prior to joining News Corporation, Mr. Pompadur was president of RP Media Management and held executive positions at several other media companies. He currently sits on the Boards of BskyB, STream, Metromedia International, Premier World, Kirch Media, Linkshare, News Out of Home B.V., Balkan Bulgarian and RP Coffee Ventures.