Nexstar Inc. President of Broadcasting Timothy C. Busch to Retire in Mid-2021

Nexstar Inc. President of Broadcasting Timothy C. Busch to Retire in Mid-2021
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IRVING, Texas: Nexstar Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), has announced that President, Broadcasting, Timothy C. Busch, will retire June 1, 2021, following a 36-year career in the broadcast industry. Mr. Busch joined Nexstar in 2000 as General Manager at WROC (CBS) in Rochester, New York, and over his career with Nexstar ascended to roles of increasing responsibility including Executive Vice President and Co-Chief Operating Officer and ultimately President of Nexstar Broadcasting, Inc., the predecessor to Nexstar Inc.

During his tenure at Nexstar, Mr. Busch worked closely with the Company’s Founder, Chairman and Chief Executive Officer, Perry Sook, as Nexstar expanded its local television station group, digital offerings and national market presence. Mr. Sook commented, “Tim and I have worked collaboratively for over 20 years and I’m grateful for his leadership, expertise, and friendship. Tim has been instrumental in building the foundation for what Nexstar has become and the values that we have established in terms of our commitment to our team members and the local communities where we operate. On behalf of Tom Carter, Elizabeth Ryder, our Board, shareholders, and the entire Nexstar team, we thank him for his many contributions to our long-term success. Tim leaves us well-positioned to continue our growth as we have a deep bench of experienced broadcast and digital executives and we are immediately commencing a search for Tim’s successor. We will miss Tim and wish him all the best as he enters the next phase of his life.”

“Throughout my years at Nexstar, I have been fortunate to work directly with Perry Sook and Nexstar’s talented team which has re-shaped the industry delivered great service to the viewers and users of our content and delivered compelling marketing solutions for companies of all sizes. I have had the honor of working with the executive leadership team that consistently drives strong growth and operating results reflecting the talents of our General Managers and team members across the Nexstar Nation. In addition to building America’s largest local media company, I am proud of our countless accomplishments over the past two decades,” said Mr. Busch. “With a dynamic executive team in place, I am highly confident that the next generation of leaders at Nexstar will extend the Company’s exemplary long-term record of success and the continued creation of shareholder value. I wish everyone in the Nexstar Nation the very best as they execute on their plans for continued growth.”

Prior to joining Nexstar, Mr. Busch served as General Sales Manager and held various other sales positions at WGRZ (NBC) in Buffalo, New York from 1989 to 2000. Earlier in his career, Mr. Busch worked in radio broadcasting holding various sales and management positions at WGR-AM and FM radio under Taft Broadcasting.

Mr. Busch has been deeply involved in the broadcast industry and local communities throughout his career, serving on numerous organizational boards in the upstate New York area including the Upstate New York Advisory Board for the Federal Reserve Bank of New York. He also served on the CBS Affiliation Association Board with his latest role as Chairman. Mr. Busch currently serves as a Trustee of the Ohio University Foundation Board, TVB Executive Board, NBC Affiliates Association Board and the Media Ratings Council Board.