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Nexstar Broadcasting (NXST) Appoints Thomas E. Carter as CFO

July 14, 2009 7:04 AM EDT
NXST Hot Sheet
Overall Analyst Rating:
    SELL (= Flat)

Revenue Growth %: +19.7%
Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) announced that Thomas E. Carter, 51, has been named Chief Financial Officer, effective August 3, 2009. Mr. Carter will assume the CFO position from Shirley E. Green, who has served as Company's Interim CFO since May 11, and who will continue as Nexstar Broadcasting Group's Vice President, Controller and Secretary.

Mr. Carter brings over twenty five years of banking experience to his new role at Nexstar, with the last nineteen years focused exclusively on the media and telecommunications sectors. At Nexstar, Mr. Carter will be responsible for all of the Company's financial and treasury functions including financial reporting, bank relationships, conducting internal and industry analysis to support the Company's goals for growth, investor relations, and M&A activity.

Nexstar Broadcasting Group currently owns, operates, programs or provides sales and other services to 63 television stations in 34 markets.[SM]

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