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Meredith Corporation (MDP)

NYSE - NYSE Delayed Price. Currency in USD
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20.58-0.41 (-1.95%)
At close: 4:00PM EST

Meredith Corporation

1716 and 1615 Locust Street
Des Moines, IA 50309-3023
United States
515-284-3000
http://www.meredith.com

Sector(s)Communication Services
IndustryPublishing
Full Time Employees5,290

Key Executives

NameTitlePayExercisedYear Born
Mr. Thomas H. HartyChairman, Pres & CEO1.75MN/A1963
Mr. Jason M. FrierottChief Financial Officer1.6MN/A1974
Mr. John S. Zieser Esq.Chief Devel. Officer, Gen. Counsel & Sec.1.18MN/A1959
Mr. Patrick J. McCreeryPres of Local Media Group867.35kN/A1971
Mr. Mike LovellDirector of Investor RelationsN/AN/AN/A
Mr. Art SlusarkChief Communications OfficerN/AN/AN/A
Mr. Michael BrownsteinChief Revenue Officer and Exec. VP of Corp. Sales & MarketingN/AN/AN/A
Ms. Nancy WeberExec. VP of Marketing & Integrated CommunicationsN/AN/AN/A
Ms. Dina NathansonSr. VP of HRN/AN/AN/A
Mr. Matthew J. PetersenSr. VP of The Foundry & Strategic ContentN/AN/A1965
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Meredith Corporation operates as a diversified media company primarily in the United States. It operates in two segments, National Media and Local Media. The National Media segment offers national consumer media brands through various media platforms, including print magazines, digital and mobile media, brand licensing activities, database-related activities, affinity marketing, and business-to-business marketing products and services. It publishes media in entertainment, food, lifestyle, parenting, and home categories, such as People, Better Homes & Gardens, InStyle, Allrecipes, Real Simple, Shape, Southern Living, Martha Stewart Living, and other brands, as well as 300 special interest publications under approximately 70 brands. This segment operates approximately 50 Websites and applications. It is also involved in the brand licensing, affinity marketing, third-party marketing, consumer database, and other related operations, as well as provision of magazine advertising and circulation, digital and customer relationship marketing, other custom publishing project, and ancillary products and services. In addition, this segment operates The Foundry 360, a creative content studio, which develops content marketing programs across various platforms comprising native advertising that enable clients to engage new consumers and build long-term relationships with existing customers for a range of industries. The Local Media segment operates approximately 17 television stations that include 7 CBS affiliates, 5 FOX affiliates, 2 MyNetworkTV affiliates, 1 NBC affiliate, 1 ABC affiliate, and 2 independent stations. It also includes 12 Websites and 12 applications focused on news, sports, and weather-related information. In addition, this segment sells geographic and demographic-targeted digital and print advertising programs to third parties. The company was founded in 1902 and is headquartered in Des Moines, Iowa.

Corporate Governance

Meredith Corporation’s ISS Governance QualityScore as of November 1, 2019 is 6. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 8; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.