Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The E.W. Scripps Company (the "Company") has promoted Dan Perschke, Assistant
Controller, to Vice President, Controller, effective immediately. In this role,
Perschke will also be designated as Principal Accounting Officer for the Company
and will be responsible for the Company's accounting systems, internal
accounting controls, financial reporting and related accounting management. He
joined Scripps in 2008 as a senior analyst of financial reporting. In 2015, he
became the finance business partner for the Local Media division, and he became
Vice President, Assistant Controller in 2018. He began his career as an auditor
with PwC.
Item 8.01 Other Events
The Company has also promoted Rebecca Riegelsberger, Vice President of Tax and
Treasury, to Treasurer, Vice President, Tax, effective immediately.
Riegelsberger will have responsibility for managing the Company's cash flow and
debt, minimizing financial risk and overseeing all aspects of the tax function.
She also will have oversight for financial investments, liquidity and capital
growth and allocation. Riegelsberger has been with Scripps since 2015, serving
as Vice President of Tax before her role was expanded in 2017 to also include
treasury operations. From 2009 to 2015, she served as tax manager, then tax
director for Scripps Networks Interactive. Riegelsberger began her career as a
tax analyst at Duke Energy.
Perschke and Riegelsberger will report to Lisa Knutson, Executive Vice President
and Chief Financial Officer, and to the new CFO when Knutson takes the role of
leader of the new national networks business at the close of Scripps' ION Media
acquisition.
The promotions come after Doug Lyons, Senior Vice President, Controller and
Treasurer, was appointed to a new role as Senior Vice President, Financial
Strategy and Special Projects. Lyons will report to Adam Symson, Scripps'
President and Chief Executive Officer, and will help the Company navigate
strategic opportunities tied to enterprise-level value creation.
The press release announcing these appointments is included as an exhibit to
this report.
Item 9.01 Financial Statements and Exhibits
Exhibit
Number Description of Item
99.1 Press release dated November 16, 2020
3
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