SCRIPPS NETWORKS INTERACTIVE, INC. (NASDAQ:SNI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 24, 2017, Scripps Networks Interactive, Inc. (the “Company”) entered an employment agreement (the “Agreement”) reappointing Cynthia L. Gibson to the position of Executive Vice President, Chief Legal and Business Affairs Officer. The terms of the Agreement are retroactive to January 1, 2017, continuing until December 31, 2019. Under the employment agreement, Ms. Gibson will receive an annual base salary of not less than $800,000, with a target annual incentive opportunity of 85% of her base salary.
About SCRIPPS NETWORKS INTERACTIVE, INC. (NASDAQ:SNI)
Scripps Networks Interactive, Inc. is a developer of lifestyle-oriented content for linear and interactive video platforms, including television and the Internet brands. The Company’s segments include U.S. Networks, International Networks, and Corporate and Other. Its U.S. Networks segment includes its approximately six national television networks: HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel and Great American Country. In addition, U.S. Networks segment includes Websites associated with television brands and other Internet and mobile businesses serving home, food, travel and other lifestyle-related categories. Its International Networks segment includes the lifestyle-oriented networks available in the United Kingdom, other European markets, the Middle East and Africa, Asia Pacific and Latin America. In addition, International Networks segment includes TVN S.A., which operates a portfolio of free-to-air and pay-TV lifestyle and entertainment networks. SCRIPPS NETWORKS INTERACTIVE, INC. (NASDAQ:SNI) Recent Trading Information
SCRIPPS NETWORKS INTERACTIVE, INC. (NASDAQ:SNI) closed its last trading session down -0.85 at 75.64 with 983,200 shares trading hands.