What Is This Vote For?
Given Standard General’s substantial investment in TEGNA, our expertise in the broadcasting industry, and our focus on driving value for all TEGNA shareholders, we strongly believe that TEGNA shareholders would benefit from having Standard General’s four diverse, independent and highly qualified nominees on the TEGNA board.
TEGNA’s upcoming annual meeting on April 30, 2020 provides shareholders the opportunity to bring new and independent perspectives to TEGNA’s Board, which has presided over numerous strategic missteps and sustained underperformance for the past decade.
We believe that replacing four of TEGNA’s 12 current directors with our diverse, independent and highly qualified nominees is the way to advance change that is urgently needed and benefits all shareholders. Our director nominees have decades of local broadcast experience among them, and are committed to rigorous oversight of TEGNA’s management, operations and business strategy, and to ensuring that TEGNA conducts a full and fair evaluation of its strategic alternatives. Importantly, with the addition of our nominees, TEGNA’s Board would also much better reflect the diversity of its audience.
The addition of our nominees is a critical first step to ensure that TEGNA is on the right path to maximize value for all shareholders. Join us in demanding real change at TEGNA by voting for Standard General’s highly qualified nominees. For more information on how to vote, please click here.