On January 24, 2017, Peter Liguori, President, Chief Executive Officer and Director of Tribune Media Company
notified the Company of his decision to resign from his positions as President and Chief Executive Officer and member of the Board of Directors of the Company, effective immediately. Effective the date of Mr. Liguori's resignation, Peter M. Kern, age 49, a current member of the Board, will commence serving as the Interim Chief Executive Officer of the Company and is expected to serve in such capacity until a successor for Mr. Liguori is appointed. Mr. Kern is a Managing Partner of InterMedia Partners VII, LP, a private equity firm. Prior to joining InterMedia, Mr. Kern was Senior Managing Director and Principal of Alpine Capital LLC.