Sinclair Names Narinder Sahai as Executive Vice President and Chief Financial Officer

Sinclair today announced the appointment of Narinder Sahai as Executive Vice President and Chief Financial Officer, effective immediately.

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Narinder Sahai

Sahai brings more than two decades of strategic financial leadership across publicly traded and private-equity-backed companies, with deep expertise across the full breadth of finance functions, including capital markets, treasury, controllership, investor relations, mergers and acquisitions, and planning and analysis. He also has strong technology expertise, including artificial intelligence and machine learning, from his Amazon Web Services (AWS) experience and undergraduate degree in electronics and electrical communication engineering.

Prior to joining Sinclair, Sahai served as CFO at Arcis, a leading leisure and hospitality operator, where he led financial planning, accounting, tax, treasury and debt investor relations. Prior to Arcis, he was CFO of RumbleOn, Inc. , a publicly-traded technology-driven omnichannel powersports platform, where he built the FP&A function, launched the internal audit and SOX compliance programs, and executed successful integration of transformative acquisitions.

At Amazon's AWS, Sahai served as Head of Worldwide Go-to-Market Finance for Compute and AI/Machine Learning services, providing financial leadership for specialist sales teams across global markets. Before AWS, Sahai served as Senior Vice President, Treasurer and Investor Relations at Target Hospitality Corp., where he managed all investor relations and capital markets activities for the company's equity public market debut and executed comprehensive debt financing transactions.

Prior to Target Hospitality, he spent nearly a decade at FMC Technologies, Inc. and TechnipFMC plc , a publicly-traded diversified oilfield services company, in progressive finance leadership roles in investor relations, financial planning and analysis, operations finance and controllership, and regional and corporate treasury. Earlier in his career, Sahai spent several years at Delphi Corporation where he was part of the Finance Leadership Development Program and held various roles in product and portfolio planning, M&A, restructuring, and financial risk management.

"Narinder's proven track record as CFO of both publicly traded and private-equity-backed companies, combined with his operational discipline and strategic financial leadership, makes him exceptionally well-suited to guide Sinclair through its next phase of growth," said Chris Ripley, President and CEO of Sinclair. "He brings a unique perspective having worked in multiple industries—including cloud and AI-focused companies. Narinder is a proven C-suite leader with a strong history of executing value-creating strategies, optimizing capital structures, and driving margin improvement. We're looking forward to him building on our culture of success, industry leadership, and best-in-class finance team, especially as we advance commercialization strategies around ATSC 3.0 and continue to deliver long-term value for our stakeholders."

Sahai holds a Bachelor of Engineering in Electronics and Electrical Communication Engineering, graduating as valedictorian from Thapar University in India, and a Master of Business Administration with High Distinction from the Ross School of Business at the University of Michigan, Ann Arbor. Sahai is also a CFA® Charterholder.

"I am honored to join Sinclair during such an exciting period of transformation and growth," said Narinder Sahai. "Having worked across diverse industries—from automotive and energy to consumer and technology—I have a deep appreciation for companies that are successfully transforming themselves while maintaining strong operational discipline. Sinclair's unique position at the intersection of local media, sports, and emerging technology creates tremendous opportunities. From the company's leadership position in local broadcasting, combined with its pioneering work in ATSC 3.0 technology, the strength of Tennis Channel, and innovative ventures portfolio, I see significant potential to drive value creation for all stakeholders. I look forward to working with Chris, the Board, and the entire team to execute on Sinclair's strategic vision while maintaining the strong financial discipline that has positioned the company for success."

With this appointment, Lucy Rutishauser will step down as Chief Financial Officer and continue as Executive Vice President to support the transition. She will remain in that capacity until her planned retirement later this year, at which time she will assume the role of Senior Advisor.

About Sinclair:

Sinclair, Inc. (NASDAQ:SBGI) is a diversified media company and a leading provider of local news and sports. The Company owns, operates and/or provides services to 185 television stations in 85 markets affiliated with all major broadcast networks; owns Tennis Channel, the premium destination for tennis enthusiasts; multicast networks CHARGE, Comet, ROAR and The Nest; and the nation's largest streaming aggregator of local news content, NewsON. Sinclair's AMP Media produces a growing portfolio of digital content and original podcasts. Additional information about Sinclair can be found at www.sbgi.net.

Category: Financial

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Media Contact: Jessica Bellucci | [email protected]

Investor Contact: Chris King | [email protected] | (410) 568-1500