Nexstar Names Lee Ann Gliha EVP-CFO
Nexstar Media Group today appointed Lee Ann Gliha executive vice president and chief financial officer, effective Aug. 9. She will oversee all financial aspects of the company’s business, including internal and external financial reporting, internal audit, compliance and controls, investor relations, and treasury and capital markets functions, and will take a prominent role in strategic planning, business development, and mergers and acquisitions.
Gliha will assume the CFO role from Thomas E. Carter, who was named president and chief operating officer in October 2020 and has served as the company’s executive vice president and chief financial officer since joining Nexstar in 2009.
Gliha brings more than 20 years of experience in media, broadcasting and entertainment investment banking to her new role at Nexstar, serving most recently as a managing director at Jefferies LLC., since 2016. Over the course of her career, she has advised a wide range of clients and structured transactions worth more than $90 billion, primarily in the technology, media and telecommunications sector, including mergers, acquisitions, divestures and debt and equity financings.
Carter said: “Lee Ann is an accomplished finance leader who understands the rapidly evolving media ecosystem and brings extensive industry relationships to her new role at Nexstar. This background will be invaluable to Nexstar’s senior management team, board of directors and our experienced finance team, and will be instrumental in advancing our strategic objectives with the goal of further enhancing shareholder value.”
Prior to joining Jefferies, Gliha was a managing director at Houlihan Lokey from 2008 to 2016, specializing in media and out-of-home entertainment investment banking. During her tenure, she completed more than 30 transactions and in 2011 was named to Investment Dealers’ Digest “40 Under 40 Dealmakers” list.
Before joining Houlihan Lokey, Gliha held a variety of positions of increasing responsibility in the banking and finance industry at companies such as UBS Investment Bank, Banc of America Securities and Live Nation, where she was executive vice president of corporate finance from 2006 to 2008 and was responsible for the company’s mergers and acquisitions, financing, and investor relations functions.
Gliha said: “Throughout its 25-year history, Nexstar has been at the forefront of every major innovation in local television broadcasting, while maintaining the highest standards of journalistic integrity. Nexstar’s corporate and local management teams have built the preeminent local broadcasting and digital media company in the country and consistently delivered impressive financial results for shareholders. I am thrilled to be joining Nexstar and I look forward to growing and evolving the business and driving new value for shareholders.”
Gliha is a member of the board of directors of the National Hot Rod Association. She graduated summa cum laude from Claremont McKenna College with a bachelor’s degree in Economics. Gliha also has a personal connection to Nexstar — her sister, Lori Jane Gliha, is an investigative journalist at the company’s KDVR Denver