TEGNA's Michael Steib To Succeed David Lougee As President, CEO And Director On August 12, 2024
Portfolio Pulse from Benzinga Newsdesk
TEGNA Inc. (NYSE:TGNA) announced that Michael Steib will succeed David Lougee as President, CEO, and Director on August 12, 2024. Lougee will retire from these roles and become a Senior Advisor. The board also appointed two new independent directors.
June 17, 2024 | 12:33 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
TEGNA Inc. announced a leadership change with Michael Steib succeeding David Lougee as President, CEO, and Director on August 12, 2024. Lougee will retire and become a Senior Advisor. The board also appointed two new independent directors.
The announcement of a new CEO and the addition of two independent directors is likely to be seen positively by investors, indicating a strategic direction and potential for new growth opportunities.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100