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Gray Media Executive Compensation (FY25)

GTN · Atlanta, GA · Executive and director compensation, fiscal 2022 to 2025

The paid brief on Gray Media

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of September 12, 2026Latest filing (8-K): May 6, 2026
9 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Gray Media brief$1,500Get the executive brief
193 figures on this page: 189 cited to the filing that reported them, 4 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Hilton Howell
Latest say-on-pay support
=
May 6, 2026
Chief executive pay ratio
◇
To the median employee

More on Gray Media

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Hilton Howell: $10,942,378 → $11,472,138 (4.8% higher)
CEO pay ratio: 143:1 → 202:1 (41.3% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Gray Media's chief executive and what were they paid?
Total compensation for Hilton Howell, Executive Chairman and Chief Executive Officer, came to $11,472,138 in fiscal 2025. Howell's total was 4.8% higher than the $10,942,378 reported for fiscal 2024.
What was Gray Media's say-on-pay result?
The say-on-pay proposal drew 90.6% of votes cast for or against in favor at the meeting held May 6, 2026 for fiscal 2025.
Which companies are in Gray Media's peer group?
Companies named in the disclosed peer group include AMC Networks Inc., Fox Corporation, IAC Inc., iHeartMedia, Inc. and Lionsgate Studios Corp., among others.
What is Gray Media's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 202:1, against median employee compensation of $56,914.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Hilton Howell
Executive Chairman and Chief Executive Officer
◇—◇—◇—◇◇
James Ryan
Former Executive Vice President and Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Kevin Latek
Executive Vice President Chief Legal and Development Officer and Secretary
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Hilton Howell
Executive Chairman and Chief Executive Officer
◇—◇—◇—◇◇
James Ryan
Former Executive Vice President and Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Kevin Latek
Executive Vice President Chief Legal and Development Officer and Secretary
◇—◇—◇—◇◇
Sandra McNamara
Executive Vice President Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Hilton Howell
Executive Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Jeffrey Gignac
Executive Vice President and Chief Financial Officer
◇◇◇—◇—◇◇
Kevin Latek
Executive Vice President Chief Legal and Development Officer and Secretary
◇—◇—◇—◇◇
James Ryan
Former Executive Vice President and Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Sandra McNamara
Executive Vice President Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Hilton Howell
Executive Chairman and Chief Executive Officer
◇—◇—◇◇◇◇
Donald LaPlatney
President and Co-Chief Executive Officer
◇—◇—◇—◇◇
Jeffrey Gignac
Executive Vice President and Chief Financial Officer
◇◇◇—◇—◇◇
Kevin Latek
Executive Vice President, Chief Legal and Development Officer, and Secretary
◇—◇—◇◇◇◇
Sandra McNamara
Executive Vice President, Chief Operating Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Donald P. LaPlatneyRSU◇——◇——◇
Hilton H. Howell JrPSU◇—◇—◇—◇
Hilton H. Howell JrRSU◇——◇——◇
Jeffrey R. GignacRSU◇——◇——◇
Kevin P. LatekRSU◇——◇——◇
Sandra Breland McNamaraRSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Sandra McNamaraRSU◇◇——
PSU◇◇——
Jeffrey GignacPSU◇◇——
RSU◇◇——
Kevin LatekRSU◇◇——
PSU◇◇——
Hilton HowellPSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Hilton Howell
Executive Chairman and Chief Executive Officer · Change-in-control agreement
Equity acceleration on change in control◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Jeffrey Gignac
Executive Vice President and Chief Financial Officer · Severance agreement
Equity acceleration on change in control◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Kevin Latek
Executive Vice President, Chief Legal and Development Officer, and Secretary · Change-in-control agreement
Equity acceleration on change in control◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Sandra McNamara
Executive Vice President, Chief Operating Officer · Change-in-control agreement
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Howell W. Newton
Lead independent director
◇◇————◇
Richard L. Boger
◇◇————◇
Richard B. Hare
◇◇————◇
Luis A. Garcia
◇◇————◇
Paul H. McTear
◇◇————◇
Sterling A. Spainhour, Jr
◇◇————◇
Lorraine McClain
◇◇————◇
Robin R. Howell
◇◇————◇
Donald P. LaPlatney and Hilton H. Howell, Jr served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • AMC Networks Inc. AMCX
  • Fox Corporation FOXA
  • IAC Inc. IAC
  • iHeartMedia, Inc. IHRT
  • Lionsgate Studios Corp. LION
  • News Corporation NWSA
  • Nexstar Media Group, Inc. NXST
  • Sinclair, Inc. SBGI
  • SiriusXM Holdings Inc. symbol not shown
  • TEGNA, Inc. TGNA
  • The E.W. Scripps Company SSP
  • The New York Times Company NYT
  • USA Today Co., Inc. TDAY

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 6, 2026=◇◇◇
2022May 4, 2023=◇◇◇
2019May 6, 2020=◇◇◇
2016May 3, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Gray Media disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Gray Media sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
193 figures on this page: 189 cited to the filing that reported them, 4 calculated from figures it prints.
189 cited to the filing
4 calculated from the filing

Documents cited

  1. 0001437749-26-015225
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001437749-26-009956
    2025 Summary Compensation Table · CEO Pay Ratio · EXECUTIVE COMPENSATION & · Grants of Plan-Based Awards in 2025 · and 1 more section
  3. 0001437749-25-009605
    2024 Summary Compensation Table
  4. 0001437749-24-009842
    Summary Compensation Table
  5. 0001437749-23-012830
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001437749-23-007647
    Summary Compensation Table
  7. 0001437749-20-009769
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001437749-17-018404
    Employment Agreement
  9. 0001437749-17-008170
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Gray Media executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/GTN (accessed 2026).
Short form: data: Velarion

The paid brief for Gray Media

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
9 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Gray Media discloses

The companies named in GTN's own disclosed peer group.

AMC Networks Inc.Fox CorporationiHeartMedia, Inc.Lionsgate Studios Corp.News CorporationNexstar Media Group, Inc.Sinclair, Inc.TEGNA, Inc.The E.W. Scripps CompanyThe New York Times Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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