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Sinclair Broadcast Group SBGI

US equityMarket cap rank #3229Broadcasting
$13.68 −$0.49 (-3.46%)
Market closed · Nov 7, 9:10 am ET · Last extended-hours $13.68 0.00%
Open$14.06
Prev close$14.17
Day range$13.35 – $14.06
Volume1.19M
Market cap$990.23M
P/E (TTM)9.8
Dividend yield7.31%
Founded1971
CEOMr. Christopher S. Ripley
Employees7,100
HeadquartersHunt Valley, United States of America
Websitesbgi.net

Revenue per employee

$323.9K$398.9K$473.9K$548.9KDec '18Dec '21Dec '25

7,100 employees as of 2025/FY (-1.4% YoY). Revenue per employee is total revenue divided by headcount — a rough productivity gauge, not a per-worker pay figure.

Management team

Christopher S. Ripley President and Chief Executive Officer
Age 49 · Total comp. $10,824,228.00 · As of 22 Apr 2026

Christopher S. Ripley has served as President & Chief Executive Officer since January 2017. Prior to that, from April 2014 to January 2017, he served as Chief Financial Officer. Prior to Sinclair, Mr. Ripley was a managing director at UBS Investment Bank's Global Media Group and served as head of the Los Angeles office where he managed, advised and structured various financings and merger and acquisition transactions in the broadcast and entertainment sectors. Prior to UBS, Mr. Ripley was a principal in Prime Ventures and an analyst at Donaldson Lufkin & Jenrette. Mr. Ripley graduated from the University of Western Ontario, Richard Ivey School of Business, with a Bachelor of Arts in Honors Business Administration.

David D. Smith Chairman of the Board and Executive Chairman
Age 75 · Total comp. $7,098,109.00 · As of 22 Apr 2026

David D. Smith has served as Executive Chairman since January 2017 and Chairman of the Board since September 1990. Until January 2017, Mr. Smith served as President and Chief Executive Officer since 1988. Mr. Smith founded Comark Communications, Inc., a company engaged in the manufacture of high-power transmitters for UHF television stations, and was an officer and director of Comark until 1986. He also was a principal in other television stations prior to serving as a General Manager of WPMY (formerly WCWB-TV) from 1984 until 1986. In 1986, Mr. Smith was instrumental in the formation of Sinclair. Mr. Smith serves as a member of the Board of Directors of MileOne Autogroup, Inc., and the majority of its direct and indirect subsidiaries, Cunningham Communications Inc., and Keyser Investment Group, Inc.; is a partner of Gerstell Development, LP; and is the majority shareholder of the Baltimore Sun.

Robert D. Weisbord President, Local Media and Chief Operating Officer
Age 63 · Total comp. $5,001,776.00 · As of 22 Apr 2026

Robert D. Weisbord has served as Chief Operating Officer and President / Local Media since February 2022. Prior to that, he served as President / Local Media and Chief Advertising Revenue Officer since August 2020, President / Local Media from January 2020 to August 2020, Senior Vice President / Chief Revenue Officer from December 2017 to January 2020, Chief Operating Officer of Sinclair Digital Group from January 2014 to December 2017, Vice President / New Media from June 2010 to January 2014, and Director of Digital Interactive Marketing from 2008 to June 2010. From 1997 to 2008, he served in various management positions for the Company including Regional Group Manager, General Manager for the Company's Las Vegas duopoly of KVMY-TV and KVCW-TV, and Director of Sales. Prior to that, and from 1993, he was national sales manager for WTVT-TV in Tampa, Florida. Mr. Weisbord began his broadcasting career in the radio industry with Family Group Broadcasting in 1985. Mr. Weisbord holds a Bachelor of Science degree in Business Management and a Master of Business Administration degree from the University of Tampa.

Jason R. Smith Executive Vice Chairman
Age 40 · Total comp. $4,135,511.00 · As of 22 Apr 2026

Jason R. Smith has served as Executive Vice Chairman since May 2024. Prior to that, he served as Head of New Media Enterprise from March 2022 to May 2024, Chief of Staff from September 2020 to March 2022, and in Business Development - M&A from May 2008 to September 2014, where he played a key role in $3.2 billion in core station acquisitions. From 2014 to 2022, he was Senior Director at Sinclair Digital Ventures, focusing on digital acquisitions, co-investing, and strategic partnerships. He has served on various ventures investment boards and investment committees including NewsON, Pioneer Square Labs, Venture Reality Fund, and Sapphire Sport Fund I & II. Earlier in his career, after graduating from Loyola College of Maryland in 2008 with a degree in finance from the Sellinger School of Business, he was a Business Analyst at Keyser Capital LLC, Sinclair's original private equity division, now named Sinclair Ventures, LLC. Jason holds various board positions including Sinclair Ventures, LLC, and continues to contribute to Sinclair's corporate strategy, digital transformation, and investment initiatives.

Narinder K. Sahai Executive Vice President and Chief Financial Officer
Age 51 · Total comp. $2,483,873.00 · As of 22 Apr 2026

Narinder K. Sahai has served as Executive Vice President / Chief Financial Officer since July 2025. Prior to Sinclair, Mr. Sahai served as Chief Financial Officer at Arcis Golf from 2023 to 2025, where he led financial planning, accounting, tax, treasury and debt investor relations; as Chief Financial Officer of RumbleOn, Inc. from 2022 to 2023, where he built the financial planning and accounting function, launched the internal audit and Sarbanes-Oxley Act compliance programs, and executed successful integration of transformative acquisitions; as Head of Worldwide Go-to-Market Finance for Compute and AI/Machine Learning services at Amazon's AWS from 2020 to 2022, where he provided financial leadership for specialist sales teams across global markets; and as Senior Vice President, Treasurer and Investor Relations at Target Hospitality Corp. from 2019 to 2020, where he managed all investor relations and capital markets activities for the company's equity public market debut and executed comprehensive debt financing transactions. From 2009 to 2018, Mr. Sahai served in progressive finance leadership roles in investor relations, financial planning and analysis, operations finance and controllership, and regional and corporate treasury at FMC Technologies, Inc. and TechnipFMC plc. Prior to that, Mr. Sahai spent several years at Delphi Corporation where he was part of the Finance Leadership Development Program and held various roles in product and portfolio planning, M&A, restructuring, and financial risk management. Mr. Sahai holds a Bachelor of Engineering in Electronics and Electrical Communication Engineering, graduating as valedictorian from Thapar University in India, and a Master of Business Administration with High Distinction from the Ross School of Business at the University of Michigan, Ann Arbor. Mr. Sahai is a CFA Charterholder.

Daniel C. Keith Independent Director
Age 71 · Total comp. $327,802.00 · As of 22 Apr 2026

Daniel C. Keith has served as a Director since May 2001. Mr. Keith is the president and founder of the Cavanaugh Group, Inc., a South Carolina-based investment advisory firm founded in October 1995. Prior to establishing the Cavanaugh Group, Inc., Mr. Keith was vice president, senior portfolio manager, and director of the investment management division of a local financial services company since 1985. During this time, he served as chairman of the Investment Advisory Committee and was a member of the board of directors. Mr. Keith has been advising clients since 1979. He serves as a member of the board of trustees of The High Rock Foundation.

Benson E. Legg Independent Director
Age 78 · Total comp. $317,802.00 · As of 22 Apr 2026

Hon. Benson E. Legg has served as a Director since January 2019. Judge Legg clerked for the honorable Frank A. Kaufman of the United States District Court for the District of Maryland from 1973 until 1974, after which he joined the law firm of Venable, Baetjer & Howard (now known as Venable LLP) in 1975. He became a partner of the firm in 1982 and remained in private practice until 1991 when he was confirmed as a Federal Judge. He was nominated to the Federal Court by President George H. W. Bush in September 1991 and was a member of the Court until he retired in February 2013. Judge Legg served as Chief Judge of the United States District Court for the District of Maryland from 2003 to 2010. Since retiring, Judge Legg, through his own, single-member LLC (Benson Everett Legg Consulting, LLC), has served as an arbitrator and mediator with JAMS, a global provider of dispute resolution services, and he is a board member of the Maryland Chapter of Trout Unlimited.

Laurie R. Beyer Independent Director
Age 62 · Total comp. $310,177.00 · As of 22 Apr 2026

Laurie R. Beyer has served as a Director since April 2021. Since October 2025, Ms. Beyer has served as managing director at Kohler HealthCare Consulting, Inc. From October 2017 to June 2025, Ms. Beyer served as the executive vice president and chief financial officer of Greater Baltimore Medical Center, an acute and sub-acute care medical center whose main campus is located in Towson, Maryland. From January 2006 to October 2017, Ms. Beyer served as senior vice president and chief financial officer of Union Hospital of Cecil County (currently ChristianaCare, Union Hospital), a full-service community hospital located in Elkton, Maryland. Prior to that, Ms. Beyer held financial management positions at St. Agnes Hospital (currently Ascension Saint Agnes Hospital), Sinai Hospital, and the former Liberty Medical Center, all in Baltimore, Maryland. From July 1986 to January 1989, Ms. Beyer was an auditor with Arthur Andersen LLP, an accounting firm. She is a member of the Maryland Association of Certified Public Accountants and a committee financial expert as defined by the SEC. She has served on various not-for-profit boards including local chapters of the YMCA and Boys and Girls Club and has served in various volunteer roles over the past 25 years for the Maryland Healthcare Financial Management Association and has co-chaired the Annual Conference for the past ten years.

Howard E. Friedman Independent Director
Age 60 · Total comp. $309,802.00 · As of 22 Apr 2026

Howard E. Friedman has served as a Director since January 2015. He is the founding partner of Lanx Management LLC, a hedge fund of funds as well as having been the co-founder, publisher & chief executive officer of Watermark Press, Inc. From 2006 to 2010, Mr. Friedman served as president and then chairman of the board of the American Israel Public Affairs Committee (AIPAC). In 2007 and in 2009, Washington Life Magazine listed Mr. Friedman as one of the 100 most powerful people in Washington D.C. From 2010 to 2012, he served as the president of the American Israel Educational Foundation, the charitable arm of AIPAC. He is the past chair of the board of The Associated: Jewish Community Federation of Baltimore. Mr. Friedman has served as president of the Baltimore Jewish Council and as president of JTA-The Global News Service of the Jewish People. He currently serves as the honorary chairman of the Board of the Union of Orthodox Jewish Congregations of America. In addition, Mr. Friedman serves on the boards of Touro College and University System, Talmudical Academy, and Lightstone Value Plus REIT I, Inc.

Dr. Benjamin S. Carson Independent Director
Age 74 · Total comp. $296,677.00 · As of 22 Apr 2026

Dr. Benjamin S. Carson, Sr. has served as a Director since June 2022. Dr. Carson recently served as the 17th Secretary of the U.S. Department of Housing and Urban Development (HUD) from 2017 to 2021. At HUD, he led the agency in many programs focused on advancing economic opportunity; providing safe, fair and affordable housing; spurring reinvestment in communities; reducing homelessness; assisting and promoting self-sufficiency to underserved and vulnerable populations; and helping disaster victims, while emphasizing fiscal responsibility and reduction of regulatory barriers. During his tenure as HUD Secretary, Dr. Carson also led the collaboration of eight federal agencies to establish the White House Council on Eliminating Regulatory Barriers to Affordable Housing. Prior to serving as HUD Secretary, Dr. Carson had a distinguished career in the field of medicine where he performed thousands of surgeries and served in many leadership positions, including Director of the Division of Pediatric Neurosurgery at the Johns Hopkins Medical Institutions from 1984 to 2013 and as a Professor of Neurological Surgery, Oncology, Plastic Surgery and Pediatrics at the Johns Hopkins Medical Institutions from 1999 to 2013. Dr. Carson also currently serves on the board of directors of D.R. Horton, Inc., Covenant Logistics Group, Inc., and Galectin Therapeutics, Inc. and he has prior experience serving on the board of directors of Costco Wholesale Corporation and Kellogg Company.

Robert E. Smith Director
Age 62 · Total comp. $285,177.00 · As of 22 Apr 2026

Robert E. Smith has served as a Director since 1986. He served as Vice President and Treasurer of Sinclair from 1988 to June 1998, at which time he resigned from his position as Vice President and Treasurer. In March 1997, Mr. Smith started RSMK LLC, a commercial real estate investment company. Prior to 1986, he assisted in the construction of several television stations including WTTE-TV in Columbus, Ohio and also worked for Comark Communications, Inc., a company engaged in the manufacture of high-power transmitters for UHF television stations. Mr. Smith serves as a member of the board of directors of Nextgen Foundation Charitable Trust, Gerstell Academy, Keyser Investment Group, Inc., Cunningham Communications, Inc., and Stages Music Arts, as well as partner of Gerstell Development LP, Beaver Dam LLC, and Laker Partners, LLC.

David R. Bochenek Senior Vice President and Chief Accounting Officer
Age 63 · As of 27 Aug 2026

David R. Bochenek has served as Senior Vice President / Chief Accounting Officer since December 2020. Prior to that he served as Senior Vice President / Chief Accounting Officer / Corporate Controller from March 2018 to November 2020, as Senior Vice President / Chief Accounting Officer from December 2013 to February 2018, as Vice President / Chief Accounting Officer from May 2005 to December 2013, and as Chief Accounting Officer from November 2002 to April 2005. Mr. Bochenek joined Sinclair in March 2000 as the Corporate Controller. Prior to joining Sinclair, Mr. Bochenek was vice president, corporate controller for Prime Retail, Inc. from 1993 until 2000. From 1990 to 1993, Mr. Bochenek served as assistant vice president for MNC Financial, Inc. and prior to that held various positions in the audit department of Ernst & Young, LLP. Mr. Bochenek received his Bachelor of Business Administration in Accounting and Master of Science in Finance from Loyola University, Maryland. Mr. Bochenek is a Certified Public Accountant. On August 24, 2026, Sinclair, Inc. determined that David Bochenek, the Company's Senior Vice President and Chief Accounting Officer will separate from employment with the Company effective as of November 9, 2026.

Justin L. Bray Senior Vice President and Treasurer
Age 46 · As of 22 Apr 2026

Justin L. Bray has served as Senior Vice President / Treasurer since February 2022. Prior to that, he served as Vice President / Treasurer from March 2018 to February 2022, Vice President / Corporate Controller from 2014 to March 2018, and Corporate Controller from September 2011 to 2014. Prior to joining Sinclair, he held various positions, most recently as senior manager from 2008 to 2011 within the audit department of PwC. Mr. Bray received his Bachelor of Business Administration degree in Accounting and Master of Business Administration degree from Loyola University Maryland. He is a Certified Public Accountant and is a member of the American Institute of Certified Public Accountants and the Maryland Association of Certified Public Accountants.

David B. Gibber Executive Vice President and Chief Legal Officer
Age 44 · As of 22 Apr 2026

David B. Gibber has served as Executive Vice President / Chief Legal Officer since March 2024 and has overseen the Distribution and Network Relations team since July 2021. Prior to that, from April 2019 to March 2024, he served as Senior Vice President / General Counsel and from October 2011 to April 2019, he served as Vice President / Deputy General Counsel, Deputy General Counsel / Director of Legal Services, and Legal Counsel. Prior to joining Sinclair, he was associated with Gordon Feinblatt, LLC in Baltimore, Maryland. Mr. Gibber received his J.D. degree from the University of Maryland School of Law, where he graduated magna cum laude, Order of the Coif. Mr. Gibber previously served on the boards of the Maryland Science Center, YES Network, and CAST.ERA and currently serves on the boards of various community organizations, including Sinai Hospital.

J. Duncan Smith Director, Vice President and Secretary
Age 72 · As of 22 Apr 2026

J. Duncan Smith has served as Vice President, Secretary and as a Director since 1986. Prior to that, he built and operated the following television stations: WPMY (formerly WCWB-TV) in Pittsburgh, Pennsylvania; WTTE-TV in Columbus, Ohio; WIIB-TV in Bloomington, Indiana; and WTTA-TV in Tampa / St. Petersburg, Florida. In addition, Mr. Smith worked for Comark Communications, Inc., a company engaged in the manufacture of high-power transmitters for UHF television stations. Mr. Smith serves as a member of the board of directors of The High Rock Foundation, Cunningham Communications Inc., Keyser Investment Group, Inc., and The Boys' Latin School of Maryland, as well as partner of Gerstell Development, LP and Beaver Dam, LLC.

Scott H. Shapiro Executive Vice President, Corporate Development and Strategy
Age 50 · As of 22 Apr 2026

Scott H. Shapiro has served as Executive Vice President, Corporate Development and Strategy since December 2022. Prior to that, he served as Chief Development Officer, and Chief Operating Officer and Chief Financial Officer / Bally Sports from May 2021 to December 2022, Senior Vice President, Chief Development Officer and Chief Strategy Officer / Sports from July 2020 to May 2021, Senior Vice President / Chief Development Officer from February 2020 to July 2020, Senior Vice President / Corporate Development from 2019 to February 2020, Vice President / Corporate Development from 2016 to 2019, Senior Director / Corporate Development from 2015 to 2016, Finance Director from 2013 to 2015, and Finance Manager / Special Projects from 2011 to 2013. Prior to joining Sinclair, Mr. Shapiro worked in institutional equity research at Morgan Stanley from 2007 to 2011, was co-founder and managing partner of Proprietary Research, LLC from 2006 to 2007, and, prior to that, worked in institutional equity research at Prudential Equity Group and in the audit and tax departments at both KPMG LLP and PwC. Mr. Shapiro is on the board of ScoreStream, Inc., a high school and local sports app and platform. Mr. Shapiro holds a Bachelor of Arts degree in History from the University of Rochester and a Master of Business Administration degree from the University of Virginia's Darden School of Business.

Dr. Frederick G. Smith Director and Vice President
Age 76 · As of 22 Apr 2026

Dr. Frederick G. Smith has served as Vice President of Sinclair since 1990 and as a Director since 1986. Prior to joining Sinclair in 1990, Dr. Smith was an oral and maxillofacial surgeon engaged in private practice and was employed by Frederick G. Smith, M.S., D.D.S., P.A., a professional corporation of which Dr. Smith was the sole officer, director and stockholder. Dr. Smith serves as a member of the board of directors or trustees of the Freven Foundation, Gerstell Academy, Cunningham Communications Inc., and Keyser Investment Group, Inc., as well as partner of Gerstell Development, LP, and Beaver Dam, LLC.

Donald H. Thompson Executive Vice President and Chief Human Resources Officer
Age 59 · As of 22 Apr 2026

Donald H. Thompson has served as Executive Vice President / Chief Human Resources Officer since February 2020. Prior to that, he served as Senior Vice President / Human Resources from December 2013 to February 2020, as Vice President / Human Resources from November 1999 to December 2013, and as Director of Human Resources from September 1996 to November 1999. Prior to joining Sinclair, Mr. Thompson was a human resources manager for NASA at the Goddard Space Flight Center near Washington, D.C. Mr. Thompson holds a Bachelor of Psychology degree and a Certificate in Personnel and Industrial Relations from University of Maryland, an MS in Business / Human Resource & Behavioral Management and a Master of Business Administration degree from Johns Hopkins University, and a Master of Arts in Biblical Studies from Colorado Christian University. Mr. Thompson is a member of the Society for Human Resource Management.

Delbert R. Parks,III President, Technology
Age 73 · As of 22 Apr 2026

Delbert R. Parks, III has served as President of Technology since March 2022. Prior to that, he served as Executive Vice President / Chief Technology Officer from February 2020 to March 2022, as Senior Vice President / Chief Technology Officer of Sinclair Television Group, Inc. from November 2014 to February 2020, as Senior Vice President / Operations and Engineering from December 2013 to November 2014, and as Vice President / Engineering and Operations from 1996 to December 2013. From 1985 to 1996, he was Director of Operations and Engineering for WBFF-TV in Baltimore, Maryland. He has held various operations and engineering positions with us for the last 50 years. He is responsible for planning, organizing, and implementing operational and engineering policies and strategies as they relate to technical infrastructure, media operations, engineering, advertising technology, ATSC 3.0 digital technology and Sinclair facilities. Mr. Parks is a SMPTE (Society of Motion Picture and Television Engineers) Fellow and is a member of the Society of Broadcast Engineers. Mr. Parks is also a retired Army Lieutenant Colonel who held various commands during his 26-year reserve career.

Jeffrey Edward Lewis Vice President and Chief Compliance Officer
Age 69 · As of 22 Apr 2026

Jeffrey E. Lewis has served as Chief Compliance Officer since January 2021. Prior to joining Sinclair, Mr. Lewis served as general counsel & chief compliance officer for Pinnacle Propane, LLC from July 2018 to January 2021; served as vice-chair on the governing board of the Suicide Crises Center of North Texas, served on the board and Investment committee of the Society of St. Vincent De Paul-National Foundation, and served on the board of trustees of the Dallas Historical Society from October 2017 to July 2018; served as Senior vice president-compliance and chief accessibility officer for AT&T from April 2015 to October 2017; and served as vice president-legal / general attorney & associate general counsel and senior legal positions for AT&T from February 2002 to April 2015. Prior to those positions, Mr. Lewis was in private practice, specializing in corporate and technology law, was a senior vice president and assistant secretary for the Chicago Stock Exchange, was an enforcement attorney for the SEC, and was an assistant district attorney for the Manhattan District Attorney's office. Mr. Lewis holds his Bar licenses in both Illinois and New York, and received his J.D. from Rutgers University School of Law and his LL.M. (in Corporations Law) from New York University School of Law.

From SEC filings, via Futu. Compensation is total reported pay for the most recent fiscal year on file, not base salary alone.

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