The board of directors of The E.W. Scripps Company has approved a new contract for its President/CEO, a sign that it is satisfied with the company’s direction and growth track as it ignores a hostile takeover attempt by Sinclair Inc.
With a new agreement now in place, Adam Symson will remain in the publicly traded company’s top position through December 31, 2029. Symson’s signing of the pact succeeds a five-year contract that was set to expire at the end of 2027.