Nexstar Broadcasting Group, Inc.
(Nasdaq: NXST) announced today that the Company’s Controller Patrick J. Cusick, CPA, has been promoted to the position of Vice President, Controller. In addition, Director of Financial Operations, D. Randall Bradford, CPA, has been promoted to Vice President of Financial Operations. The appointments are effective April 1, 2014 and Messrs. Cusick and Bradford will report directly to Nexstar Chief Financial Officer, Thomas E. Carter.
Mr. Cusick will be responsible for oversight of all accounting, tax and financial reporting activities including Securities and Exchange Commission (SEC) filings, certifications and Sarbanes-Oxley compliance and documentation, as well as managing the audit function and relationship. Mr. Bradford will oversee financial, treasury and risk management and special projects for the various operating units of the company. In addition, both Cusick and Bradford will continue to conduct internal and industry analysis to support the Company’s goals for organic and M&A growth.
Thomas Carter commented, “Nexstar has developed a deep financial management team and we are delighted to elevate Patrick and Randy’s responsibilities and acknowledge their past contributions. Patrick and Randy bring strong backgrounds in financial reporting, regulatory compliance and merger and acquisition skills to their new positions at Nexstar. In addition, both possess deep industry knowledge having worked at Nexstar during a period of rapid growth and expansion. We are confident that their background, expertise and knowledge will continue to prove valuable to Nexstar as we further build the company through strong station management disciplines, expansion of our digital media operations, and the acquisition and integration of acquired properties.”
Mr. Cusick brings 25 years of accounting experience to his position at Nexstar including three and a half years at the Company. He joined Nexstar in August 2010 and served as the Company's Assistant Controller from August 2010 to December 2012 and has served as the Company’s Controller since January 1, 2013. From 2006 to 2010, Mr. Cusick was an Assurance Senior Manager at a nationally recognized accounting firm, managing audit engagements for public and private mid-market companies and he previously held positions with two big four accounting firms. Mr. Cusick earned a Masters of Accounting from University of Florida in 1993 and a Bachelor of Science in Accounting in 1991.