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Tribune Media CEO Peter Liguori to step down

Tribune Media CEO Peter Liguori to step down

Tribune Media Co.’s president and chief executive, Peter Liguori, announced Wednesday that he will step down from his post at the end of March.

The Chicago company’s board of directors has named one of its members, Peter Kern, to take over the position on an interim basis while it searches for a replacement.

“We greatly appreciate Peter’s leadership in the transformation of Tribune Media over the last four years, including the efforts to monetize non-core assets and simplify the company,” Tribune Media board Chairman Bruce Karsh said in a statement. “It became clear to Peter and the board that in this last year of his contract, it was time to find a new CEO to run the...

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