Gray Media (GTN) executive compensation, 2026 proxy

Hilton H. Howell, Jr., Executive Chairman and Chief Executive Officer, was paid $11.5M in 2025, up 5% from $10.9M the year before. The CEO-to-median-employee pay ratio was 202:1, on median employee pay of $56,914.

Filed
March 26, 2026
Annual meeting
May 6, 2026
Pay year
2025
Named executives
5
CEO total pay
$11.5M+5% vs prior year
CEO to median employee
202:1median $56,914
CEO pay in equity
57%$6.5M in awards
Prior say-on-pay support
85%of votes cast
CEO Target Bonus
150%Expressed via target incentive opportunities
Annual Incentive Payout
143%Percentage of target paid out for NEOs
Total Employees
9,396As of determination date

How Jr. was paid

$11.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary13%Stock awards57%Non-equity incentive29%Pension and deferred comp0%All other compensation1%

Named executive officers

ExecutiveTotal
Hilton H. Howell, Jr.Executive Chairman and Chief Executive Officer$11,472,138
Donald P. LaPlatneyPresident and Co-Chief Executive Officer$4,770,480
Jeffrey R. GignacExecutive Vice President and Chief Financial Officer$3,444,098
Kevin P. LatekExecutive Vice President, Chief Legal and Development Officer and Secretary$3,351,961
Sandra Breland McNamaraExecutive Vice President, Chief Operating Officer$2,926,984

What changed and why

  • $11.5MHilton H. Howell, Jr. received a total compensation of $11,472,138 in 2025, compared to $10,942,378 in 2024.
  • 143%Annual non-equity incentive compensation paid out at 143% of target for each named executive officer.
  • 3%Broadcasting expenses were reduced by approximately 3% year-over-year through ongoing cost containment measures.
  • $750MThe company upsized and extended its revolving credit facility to $750 million in 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.