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Egan-Jones Joins Leading Proxy Advisory Firms ISS and Glass Lewis in Recommending TEGNA Shareholders Vote “FOR” ALL 12 TEGNA Director Nominees on the GOLD Proxy Card

Nachrichtenquelle: Business Wire (engl.)
03.05.2021, 13:00  |  113   |   |   

TEGNA Inc. (NYSE: TGNA) today announced that independent proxy advisory firm Egan-Jones Proxy Services (“Egan-Jones”) recommended that TEGNA shareholders vote “FOR” all 12 of TEGNA’s director nominees on the GOLD proxy card at the Annual Meeting of Shareholders on May 7, 2021. Leading proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. recently issued the same voting recommendation.

Howard Elias, Chairman of the Board, said, “We welcome Egan-Jones’ recommendation that shareholders should vote for all of TEGNA’s director nominees. Receiving unanimous support from all three proxy advisory firms is a strong endorsement of the Board and management team’s execution of our value creation strategy as well as our longstanding work to advance Diversity, Equity and Inclusion across all levels of the company.”

In making its recommendation, Egan-Jones writes:

  • “We continue to believe that Tegna’s slate of nominees is highly equipped with industry experience, skills and expertise for sustainable value creation in the long-run. Contrary to Standard General’s slate of nominees, the incumbent Board’s diversity offers a wide array of understanding of corporate governance, operations, media, technology, social/digital, capital markets and M&A, which we believe are of great contribution to the Company.”
  • “We believe that there is no compelling reason to reshape the Board’s current composition as Standard General, has again, failed to present a substantial argument to elect its own slate of nominees.”

We encourage shareholders to vote TODAY to reelect TEGNA’s highly qualified, engaged and diverse directors using the GOLD proxy card so that the Board and management team can continue to execute the company’s strategy to maximize value for ALL shareholders. Discard any white proxy cards received.

Please visit TEGNAvalue.com for additional materials about TEGNA’s 2021 Annual Meeting of Shareholders on May 7, 2021.

YOUR VOTE IS IMPORTANT, NO MATTER HOW MANY SHARES YOU OWN

 

Time is short! Please vote your shares by telephone or by Internet TODAY, by following the simple instructions on the GOLD proxy card.

 

If you have any questions about how to vote your shares, please call the firm assisting us with the solicitation of proxies:

 

 

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Egan-Jones Joins Leading Proxy Advisory Firms ISS and Glass Lewis in Recommending TEGNA Shareholders Vote “FOR” ALL 12 TEGNA Director Nominees on the GOLD Proxy Card TEGNA Inc. (NYSE: TGNA) today announced that independent proxy advisory firm Egan-Jones Proxy Services (“Egan-Jones”) recommended that TEGNA shareholders vote “FOR” all 12 of TEGNA’s director nominees on the GOLD proxy card at the Annual Meeting of …

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