Tegna Loses Most Senior Executives Amid Ongoing Legal Battle Over Nexstar Merger
By
Dade Hayes
3d ago· 3 min readenNews
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Summary
Most of Tegna's senior corporate management team has departed the company amid an ongoing legal battle over its proposed merger with Nexstar. Key executives leaving include CFO Julie Heskett, Chief Strategy Officer Ed Busby, and Chief Experience Officer Dhanusha Sivajee, while Patrick Paolini has started as CEO, succeeding Mike Steib. Paolini is expected to replace certain departing roles as the merger litigation continues.
Key quotes
· 3 pulledMost of the senior corporate management team at local TV giant Tegna has left the company as the legal battle over its merger with rival Nexstar continues.
One of the leadership moves – Fox stations vet Patrick Paolini's start on Monday as CEO, succeeding Mike Steib – was reported earlier this week by Deadline.
Other execs leaving, either in recent days or by early June, include CFO Julie Heskett; Chief Strategy Officer Ed Busby and Chief Experience Officer Dhanusha Sivajee, according to a person familiar with the departures.
Much of the senior corporate management team at local TV giant Tegna has left the company amid the ongoing legal battle over its merger with rival Nexstar.
