Sign In
Upcoming Event
Free Newsletter
PRESIDENT AND CEO, TEGNA, TYSONS
Virginia Business// August 29, 2024//
Steib succeeded David Lougee, who retired Aug. 12, as president and CEO, as well as a board member, of the nation’s largest owner of NBC-affiliate TV stations. Under Lougee’s tenure, New York-based hedge fund Standard General’s $5.4 billion bid to acquire Tegna in May 2023 was terminated.
Steib, a University of Pennsylvania alumnus, came to Tegna after serving as CEO for Artsy, an online art marketplace. He’d previously served as president and CEO of XO Group (now The Knot Worldwide). Before that, he was CEO for vente-privée USA, which was the U.S. arm of the French flash-sale ecommerce company Veepee.
Formed in 2015 when Gannett Co. spun off its broadcasting and digital business, Tegna has approximately 6,200 employees nationwide. With 64 television stations in 51 U.S. markets, it reaches approximately 39% of all television households nationwide. The company also owns leading multicast networks True Crime Network and Quest.
In March, Tegna expanded its contract with Comscore, reaching a multiyear deal for the Reston-based media metrics and audience measurement services provider to cover all of Tegna’s markets nationwide.
-
