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Sinclair Announces Upcoming Retirement of Lucy Rutishauser, Executive Vice President & Chief Financial Officer

1. CFO Lucy Rutishauser will retire, prompting a search for her successor soon. 2. Transition includes both internal and external candidates for the CFO position.

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FAQ

Why Neutral?

Leadership changes can lead to uncertainty, but the advisory role may mitigate disruption.

How important is it?

Executive transitions often contribute to volatility; however, continuity measures may lessen concern.

Why Short Term?

The immediate effects will be felt during the transition phase; long-term impacts depend on the successor's strategy.

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BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the “Company” or “Sinclair,” announced today that Executive Vice President and Chief Financial Officer, Lucy Rutishauser, will retire after her successor is appointed and transitions into the role. The search for her replacement, which includes both internal and external candidates, is expected to commence shortly. Following her retirement Ms. Rutishauser is expected to serve as a senior advisor to the Company. David Smith, Executive Ch.

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