Baltimore–(business wire) — Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced the promotion of Scott Shapiro to Executive Vice President of Corporate Development and Strategy. In this role, Shapiro will be responsible for managing and executing large strategic investments and acquisitions, as well as developing and facilitating organic opportunities. He will continue to report to Chris Ripley as president and CEO of Sinclair. Previously, he served as Senior Vice President, Chief Development Officer of Sinclair and he was CFO/COO of Diamond Sports Group.
Commenting on the announcement, Ripley said, “Scott is integral to the future of our business and to the transformation of Sinclair into a diversified media company. I would like to thank Scott for serving as CFO/COO of the Sports Group, and I am thrilled that he is now returning all his focus to Sinclair, and his leadership to continue driving growth and innovation across the company. I look forward to
Shapiro commented: We acquired a TV station, a Tennis Channel, an ad tech company, launched multiple networks, and invested in various industries to get smarter about what the future holds for Sinclair. We have a great platform to build on and a dedicated team that joins us every day with the mindset of achieving great things. ”
Shapiro joined Sinclair in 2011 and held various roles in finance before building the corporate development team in 2015 and being promoted to vice president in 2016, senior vice president in 2019 and senior executive in 2020. Appointed Vice President and Chief Development Officer. In addition to his corporate development role, he has spent the last few years creating and launching his channels Comet, CHARGE!, TBD, Stadium, Marquee Sports Network and Barry Sports + Direct, his Two Multicast, among others. of innovative initiatives. – Consumer platform.
Previously, he worked on institutional equity research for Morgan Stanley and the Prudential Equity Group. Additionally, Shapiro has an audit and tax background having worked at both KPMG LLP and PricewaterhouseCoopers LLP. He holds a BA in History from the University of Rochester and an MBA from the Darden School of Business at the University of Virginia.
About Sinclair Broadcast Group
Sinclair Broadcast Group, Inc. is a diversified media company and a leading provider of local news and sports. The company owns, operates and/or services 185 television stations in 86 markets. It owns multiple national networks, including tennis channels and stadiums. It has television stations affiliated with all major broadcast networks and owns and/or operates 21 regional sports network brands. Sinclair’s content is distributed across multiple platforms, including over-the-air, multi-channel video program distributors, and his NewSON and STIRR digital and streaming platforms. We regularly use the website as our source of information, which can be accessed at www.sbgi.net.
Category: General
