Thomas E. Carter is the President and CEO of Nexstar Media Group, Inc. He joined the company in 2009 as CFO and has climbed the ranks to lead the organization since 2020. With a background in finance and a degree...
Thomas E. Carter is the President and CEO of Nexstar Media Group, Inc. He joined the company in 2009 as CFO and has climbed the ranks to lead the organization since 2020. With a background in finance and a degree from the University of Texas at Austin, he knows his numbers and what it takes to grow a business. Carter has overseen significant financial milestones, including a total compensation of over $3 million in 2023, driven by performance metrics such as Adjusted EBITDA and Net Revenue. Interestingly, his insider trading has shown some major fluctuations, with notable transactions between $11 million and $18 million over the past years. This indicates a strong belief in the company's future. Carter's prior roles at Banc of America Securities provided him with valuable insights into the media and telecom industries, aligning well with his current position. Under his leadership, Nexstar has navigated the competitive landscape of media, focusing on aligning executive compensation with company performance to maximize shareholder value.