Wednesday, July 15, 2009

Veteran banker named Nexstar Broadcasting CFO

Thomas E. Carther, who has been with Bank of America for the past quarter of a century, has been named CFO at Nexstar Broadcasting:

Chairman,President & CEO Perry Sook said Carter knows the company well. "As our lead banker for the past thirteen years, Tom has an incomparable understanding of our successful operating and revenue diversification strategies as well as our capital structure," he said. "We look forward to the benefit of his contributions as we actively manage our growing station portfolio while pursuing our ongoing priorities to further de-leverage and strengthen our balance sheet, evaluate strategic acquisitions and pursue new, opportunistic revenue channels."

Nexstar Broadcasting owns and/or operates KODE and KSNF in Joplin and KOLR and KSVX in Springfield.

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