Nexstar Media Group Announces Senior Management Changes and Appointments To Support Human Resources and Labor Relations

Terri Lynn Bush Promoted to Associate Counsel & Senior Vice President, Human Resources

Charles W. Pautsch, Esq. Named Associate Counsel & Vice President Labor and Employment Relations

IRVING, Texas – Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar” or “the Company”) announced today that Terri Lynn Bush has been promoted to the new position of Associate Counsel and Senior Vice President, Human Resources. Since 2015, Ms. Bush has served as the Company’s Associate Counsel and Vice President of Human Resources. The appointment is effective immediately and Ms. Bush will continue to report to Elizabeth Ryder, Executive Vice President and General Counsel of Nexstar Media Group.  Nexstar also announced that Charles W. “Chuck” Pautsch, Esq. has been appointed to the newly created position of Associate Counsel and Vice President Labor and Employment Relations. Mr. Pautsch will assume his new role immediately and will report directly to Terri Lynn Bush.

The personnel changes reflect Nexstar’s focus on human resources and employee relations and the Company’s commitment to driving operational excellence, talent development and a positive corporate culture to support the Company’s continued growth.

A human resources and labor relations leader, Terri Lynn Bush joined Nexstar in 2010 as Associate Counsel and Human Resources Director before being elevated to Vice President in 2015. During her tenure, she has served as an integral member of the senior management team and has been instrumental in developing Nexstar’s human resources strategy that aligns the Company’s long-term operating goals with ongoing employee success.

In her new role, Ms. Bush will be responsible for advancing Nexstar’s best practices in human resource management and delivering enhanced employee and leadership development services to improve organizational effectiveness. She will also continue to oversee all of Nexstar’s human resources functions including talent recruitment, personnel management and training; employee and labor relations; compensation; compliance and organizational development as well as facilitating a positive, collaborative, respectful and productive workplace environment for all employees.

Prior to joining Nexstar, from 2000 to 2010 Ms. Bush served in human resources leadership roles at Rosewood Hotels & Resorts and Harrah’s Entertainment. From 1997 to 2000, she served as Corporate Counsel for Southern States Gas & Oil, a publicly traded energy holding company. She began her career as an Indigent Defender in Bossier Parish, Louisiana, and then as an Assistant District Attorney in Caddo Parish, Louisiana. Ms. Bush earned a B.A. in History from Louisiana State University (LSU) and earned her J.D. from LSU’s Paul M. Hebert Law Center.

Commenting on the appointment, Elizabeth Ryder, stated, “Terri is a proven legal and employment services professional with extensive experience developing and implementing effective human resources strategies that promote employee engagement, team building and organizational success, while supporting Nexstar’s business goals and long-term commitment to localism and public service. Her expertise and long-term success managing Nexstar’s human resources and labor relations during a period of tremendous growth makes her ideally suited to assume additional responsibilities in her new leadership role. We congratulate Terri on her promotion and look forward to her ongoing contributions as we continue to develop and refine our human resources management and labor relations practices.”

Terri Bush added, “The Nexstar team is comprised of more than 9,000 incredibly talented people across the United States united by a common vision, commitment to localism and a passion for professional excellence. I’m excited to begin this new chapter at the Company and look forward to working with the executive team to advance our human resources and labor relations strategies to drive further organizational effectiveness, while creating a workplace environment where talent development and a strong corporate culture will remain the foundation of Nexstar’s continued growth and success.”

Chuck Pautsch is a seasoned attorney with a distinguished career practicing labor and employment law as Partner in several prestigious national law firms. He brings a broad range of legal and labor relations expertise to Nexstar and will be responsible for the Company’s human resources and employment relations affairs including collective bargaining agreements, contract negotiations, supervisory training, and administering labor-related policies and procedures, among other related legal matters.

Mr. Pautsch most recently served as Managing Partner of Pautsch, Spognardi & Baiocchi Legal Group LLP from 2014 to 2018 where he specialized in labor-management relations and employment law and represented employers, including Nexstar, across a broad range of industries. Between 2008 and 2013 he served in several prominent positions at various distinguished legal firms including as Partner and Chair of Labor and Employment Law Group at Arnstein & Lehr LLP, Managing Partner (Wisconsin Office) of Jackson Lewis LLP, and Managing Partner (Wisconsin and Illinois Offices) of Constangy, Brooks & Smith. Earlier, from 1988 to 2008 Mr. Pautsch served as President and Chair of Litigation Group at Wessels & Pautsch, P.C. where he managed 22 attorneys across six offices throughout the Midwest. Mr. Pautsch earned a B.S. (summa cum laude) in Political Science, History and English Literature from North Central College and received his J.D. (magna cum laude) from the University of Illinois.

Commenting on the appointment, Elizabeth Ryder, stated, “We are delighted Chuck is joining our team on a full-time basis after representing us as outside counsel for the past seven years.  His legal expertise, track record of accomplishments and breadth of relevant experience in the local media industry will be of great value in our labor and employee relations and quest to remain the industry’s employer of choice. This newly created position reflects the importance of human services to Nexstar and the Company’s commitment to enhanced employee engagement across the organization, as well as productive relations with unions and other associations representing employees. We are confident in Chuck’s ability to develop and implement positive employee relations strategies, while ensuring consistency and accountability in the management of Nexstar’s labor affairs.”

Chuck Pautsch added, “Having served as Nexstar’s external labor and employment relations counsel for the last seven years, I have a deep understanding of the Company’s operating and labor relations dynamics. Ultimately, the Company’s industry-leading management team, long-term record of success and commitment to innovation are what attracted me to take on this new role. I am looking forward to being part of the exciting growth at Nexstar and working with Elizabeth Ryder, Terri Bush and the rest of the corporate management team to develop strategies that support positive labor and employee relations across the organization.”

About Nexstar Media Group, Inc.

Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 174 full power television stations and related digital multicast signals reaching 100 markets or nearly 39% of all U.S. television households. Nexstar’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. Nexstar’s community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities. For more information please visit www.nexstar.tv.

Forward-Looking Statements

This communication includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Forward-looking statements include information preceded by, followed by, or that includes the words “guidance,” “believes,” “expects,” “anticipates,” “could,” or similar expressions. For these statements, Nexstar Media and Tribune Media claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this communication, concerning, among other things, the ultimate outcome, benefits and cost savings of any possible transaction between Nexstar Media and Tribune Media and timing thereof, and future financial performance, including changes in net revenue, cash flow and operating expenses, involve risks and uncertainties, and are subject to change based on various important factors, including the timing of and any potential delay in  consummating the proposed transaction; the risk that a condition to closing of the proposed transaction may not be satisfied and the transaction may not close; the risk that a regulatory approval that may be required for the proposed transaction is delayed, is not obtained or is obtained subject to conditions that are not anticipated, the risk of the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement; the risk that  Nexstar Media fails to obtain the necessary financing arrangements set forth in the debt commitment letters delivered pursuant to the Merger Agreement, the impact of changes in national and regional economies, the ability to service and refinance our outstanding debt, successful integration of Tribune Media (including achievement of synergies and cost reductions), pricing fluctuations in local and national advertising, future regulatory actions and conditions in the television stations’ operating areas, competition from others in the broadcast television markets, volatility in programming costs, the effects of governmental regulation of broadcasting, industry consolidation, technological developments and major world news events. Unless required by law, Nexstar Media and Tribune Media undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this communication might not occur. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see Tribune Media’s and Nexstar Media’s filings with the Securities and Exchange Commission.

Contact:

Thomas E. Carter

EVP and Chief Financial Officer

Nexstar Media Group, Inc.

972/373-8800

or

Joseph Jaffoni, Jennifer Neuman

JCIR

212/835-8500 or nxst@jcir.com

 

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