BALTIMORE, April 8, 2019 /PRNewswire/ -- Sinclair Broadcast
Group, Inc. (Nasdaq: SBGI) announced that Barry Faber has been promoted to President,
Distribution & Network Relations from Executive Vice
President/General Counsel/Distribution & Network Relations and
will be stepping down as Sinclair's General Counsel. Concurrently,
David Gibber has been promoted to Senior Vice President/General
Counsel from Vice President/Deputy General Counsel. In their new
roles, which are effective immediately, Mr. Faber and Mr. Gibber
will report directly to Chris
Ripley, Sinclair's President & Chief Executive
Officer.
In making the announcement, Chris
Ripley commented, "Barry has done a tremendous job as
Sinclair's General Counsel for the past twenty years, while also
overseeing all aspects of the distribution of our content and the
vital relationships with the networks with which our stations are
affiliated. He was a driving force in the industry's successful
efforts to be paid for its content under the retransmission consent
regime and has decided to step down from his responsibilities for
Sinclair's legal matters in order to focus exclusively on
distribution, which now represents close to 50% of all of
Sinclair's revenue, and on network relations. With our expanding
portfolio of content, including the new regional sports network
formed with the Chicago Cubs, and the emergence of virtual and
over-the-top streaming services, as well as direct-to-consumer
opportunities, we need to be thinking about how these platforms can
benefit us in the future. We believe Barry is the perfect person to
oversee this given his successful history in working with our
network and distribution partners."
"I am very pleased to be making this change," stated
Barry Faber, "and look forward to
continuing to work with our many valued partners on both the
distribution and content sides of the business as we work to take
full advantage of the numerous existing and emerging opportunities
to distribute content. I look forward to being in a position to
give my full attention to these vital aspects of Sinclair's
business."
Chris Ripley further commented,
"I am very pleased to announce that David Gibber will be taking
over Barry's other responsibilities as General Counsel. David has
done an outstanding job advising the Company and overseeing many of
the day-to-day working matters of our legal department. David has
also made significant contributions to the Company including
advising on and negotiating many of our transactions and strategic
initiatives and relationships. This is a very-well deserved
promotion, and we are excited to promote David into this role."
"I am grateful for the opportunity to succeed Barry in a role
that is vital to the continued success of the Company. Since
joining Sinclair I have been fortunate to work alongside the many
accomplished leaders in the Company and a top-notch legal staff in
implementing our Company's strategy in a wide range of areas
including operations, developing businesses and industry
initiatives," commented David Gibber. "I look forward to my role in
this expanded leadership position and continued collaboration as we
build a stronger and more valuable Company."
Mr. Faber has served as Sinclair's General Counsel since 1999,
as well as either Executive Vice President or Vice President -
Distribution and Network Relations since 2008. From 1996 to
1999 Mr. Faber served as Sinclair's Associate General Counsel. Mr.
Faber is a graduate of the University of
Virginia and the University of
Virginia School of Law.
Mr. Gibber joined Sinclair in 2011 and has served as Vice
President/Deputy General Counsel, Deputy General Counsel/Director
of Legal Services and Legal Counsel. Prior
to joining Sinclair, he was an associate at 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 also sits on the board of directors of
various charitable and community organizations.
Sinclair is one of the largest and most diversified television
broadcasting companies in the country. The Company owns, operates
and/or provides services to 191 television stations in 89 markets.
Sinclair is a leading local news provider in the country and is
dedicated to impactful journalism with a local focus. The Company
has multiple national networks, live local sports production, as
well as stations affiliated with all the major networks. Sinclair's
content is delivered via multiple-platforms, including
over-the-air, multi-channel video program distributors, and digital
platforms. The Company regularly uses its website as a key source
of Company information which can be accessed at www.sbgi.net.
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SOURCE Sinclair Broadcast Group, Inc.