The C-Suite now led by CEO Mike Steib is welcoming a new SVP and Chief Legal Officer, charged with leading the legal department and overseeing all legal functions for the owner of such stations as WFAA & KMPX in Dallas; WTSP in Tampa; and flagship WUSA9 in Washington, D.C.
Alex Tolston will handle corporate governance, content creation and distribution, regulatory, ethics and compliance, M&A, capital markets, and litigation for TEGNA, while also supporting the broadcast TV station owner’s long-term direction and growth.
He’s inbound from WAPA América and Latin American cable TV station owner Hemisphere Media Group, where he worked closely with Alan Sokol.
“Alex is a sharp lawyer and a battle-tested public company leader with a real passion for serving local communities,” Steib said. “He’s going to be a great addition to our team.”
Tolston commented, “TEGNA is a best-in-class operator of television stations in more than 50 markets in the U.S., delivering high quality journalism to households across America. It is not surprising that a significant majority of viewers continue to consume local news daily, which they view as a trusted source of information. I look forward to partnering with Mike, the leadership team and Board to build on TEGNA’s brands and audience.”
Before joining Hemisphere, Tolston practiced law in the corporate department at Paul Weiss Rifkind Wharton & Garrison LLP, and was counsel to Hemisphere in its initial public offering. He began his career at Bear Stearns & Co.
— With reporting by Adam R Jacobson, in Kansas City, Mo.
