1. Alan Gould appointed as Vice President of Investor Relations at Gray Media. 2. He will strengthen engagement with current and prospective investors. 3. Gould has extensive experience in media equity analysis for major companies. 4. Gray Media owns top-rated local TV stations in 113 markets nationwide. 5. The company aims for organic growth and strategic relationship enhancement.
FAQ
Why Bullish?
Gould's expertise and connections in the media sector can enhance investor confidence, potentially raising GTN's stock value, as seen historically when known industry analysts join firms.
How important is it?
Hiring a trusted analyst like Gould could significantly improve investor relations, boosting stock performance and market perception in the short term.
Why Short Term?
Immediate investor relations improvements may yield quick feedback in stock performance, similar to past transitions within financial departments leading to short-term gains.
Alan Gould Joins Gray Media as Head of Investor Relations
Source: GlobeNewsWire
Gray Media, Inc. (NYSE: GTN) has announced the appointment of Alan Gould as its new Vice President of Investor Relations. This strategic move aims to enhance the company’s engagement with the investment community, particularly through the quarterly earnings process and continuous interaction with investors.
Alan Gould's Extensive Experience in Media
Alan Gould is a well-respected media and entertainment equity analyst, bringing a wealth of experience covering various sectors including media conglomerates, cable, broadcasters, streaming platforms, and mid-cap content companies. His longstanding relationships with institutional investors and corporate executives make him a trusted source for original insights into the industry.
Prior to joining Gray Media, Alan spent seven years as the Managing Director and Senior Media & Internet Analyst at Loop Capital, where he built a strong reputation with clients in the media, broadcast, cable, and streaming sectors. His earlier roles included positions at:
- Brean Capital
- Rosenblatt Securities
- Evercore Partners
- JP Morgan Investment Management
- CIBC Oppenheimer
Comments from Leadership
Hilton Howell, Gray’s Executive Chairman, expressed enthusiasm about Gould’s appointment, stating: “We are very excited to have Alan join Gray, particularly given his stature and experience in the media industry as well as our own experiences working with him through his exacting coverage of the company over the past several years for Loop’s clients.”
Howell further noted that as Gray Media continues to grow both organically and strategically, Gould will play a critical role in enhancing the understanding of the company’s strategies, performance, and opportunities among investors.
Alan Gould's Educational Background
Alan holds an MBA from Harvard University and has been recognized as a Wall Street Journal All-Star Analyst. He will continue to operate from the New York City area, maintaining proximity to the investor community.
About Gray Media
Gray Media, Inc. (NYSE: GTN) is the largest multimedia company in the United States, headquartered in Atlanta, Georgia. As of 2024, Gray Media owns top-rated local television stations and digital assets across 113 television markets, reaching approximately 37% of U.S. television households.
Key facts about Gray Media include:
- 78 markets with the top-rated television station
- 99 markets with the first and/or second highest-rated television station
- The largest group of Telemundo affiliates across 44 markets
The company also operates Gray Digital Media, a full-service digital agency, and owns various media properties, including production companies and studios.