logo
logo

Tegna Inc. Appoints Michael Steib As President, CEO and Director, Succeeding David Lougee

Jun 17, 2024about 1 year ago

Position

Chief Executive Officer

Company

TEGNA

Michael Steib
TysonsMarketingAdvertising

Description

TEGNA Inc. announced that Michael Steib, currently CEO of Artsy, will succeed David Lougee as President, CEO, and a Director as of August 12, 2024. David Lougee will retire from these roles and become Senior Advisor.

Company Information

Company

TEGNA

Location

Tysons, Virginia, United States

About

TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. With 64 television stations in 51 U.S. markets, TEGNA is the largest owner of top 4 network affiliates in the top 25 markets among independent station groups, reaching approximately 39 percent of all television households nationwide. TEGNA also owns leading multicast networks True Crime Network and Quest. TEGNA offers innovative solutions to help businesses reach consumers across television, digital and over-the-top (OTT) platforms, including Premion, TEGNA’s OTT advertising service.

Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months

Related People

Michael hidden

hidden
hidden

Jim hidden

Tom hidden