Tegna Appoints Fox Veteran Patrick Paolini as CEO Amid Nexstar Merger Antitrust Challenge
By
Todd Spangler
Hand-rolled, kettle-boiled, baked to perfection. Worth every minute at the bakery.
Summary
Tegna has appointed Patrick Paolini, a Fox veteran, as its new CEO effective June 1, following the departure of former CEO Mike Steib in March. The appointment comes as Tegna's merger with Nexstar is stalled due to an antitrust challenge from state attorneys general and DirecTV. Paolini will oversee daily operations, revenue strategies, local journalism, and growth initiatives during this interim period.
Key quotes
· 3 pulledPatrick Paolini, who will take over as Tegna's chief executive officer effective June 1.
He will be responsible for Tegna's daily operations, revenue-generating business strategies, local journalism and production, and growth initiatives.
The previous CEO of local TV station group Tegna, Mike Steib, stepped down in March when Nexstar announced it had closed its deal for the smaller rival.
You might also wanna read
Tegna Appoints Fox Veteran Patrick Paolini as CEO Amid Nexstar Merger Legal Battle
Tegna has appointed Patrick Paolini, a 26-year Fox Television Stations veteran, as its new CEO amid ongoing litigation challenging its $6.2
Deadline·5d ago
Tegna Loses Most Senior Executives Amid Ongoing Legal Battle Over Nexstar Merger
Most of Tegna's senior corporate management team has departed the company amid an ongoing legal battle over its proposed merger with Nexstar
Deadline·3d ago