Sinclair has named Narinder Sahai as government vice chairman and chief monetary officer.
He takes over fo Lucy Rutishauser, who will retire later this 12 months. She’ll keep on as evp to assist the transition after which tackle the function of Senior Advisor.
Sinclair mentioned Sahai brings greater than twenty years of monetary management throughout publicly traded and private-equity-backed corporations, with “deep experience” throughout the complete breadth of finance features, together with capital markets, treasury, controllership, investor relations, mergers and acquisitions, and planning and evaluation. He additionally has robust expertise experience, together with synthetic intelligence and machine studying, from his Amazon Internet Providers (AWS) expertise and undergraduate diploma in electronics and electrical communication engineering.
Earlier than becoming a member of Sinclair, Sahai was CFO at Arcis, a leisure and hospitality operator, the place he led monetary planning, accounting, tax, treasury, and debt investor relations. He was CFO of RumbleOn, Inc. earlier than that.
Sahai labored as Head of Worldwide Go-to-Market Finance for Compute and AI/Machine Studying providers at AWS, offering monetary management for specialist gross sales groups throughout world markets. Earlier than AWS, Sahai served as senior vice chairman, treasurer and investor relations at Goal Hospitality Corp., the place he managed all investor relations and capital markets actions for the corporate’s fairness public market debut and executed complete debt financing transactions.
“Narinder’s confirmed observe report as CFO of each publicly traded and private-equity-backed corporations, mixed together with his operational self-discipline and strategic monetary management, makes him exceptionally well-suited to information Sinclair via its subsequent part of progress,” mentioned Chris Ripley, president and CEO of Sinclair. “He brings a singular perspective having labored in a number of industries-including cloud and AI-focused corporations. Narinder is a confirmed C-suite chief with a powerful historical past of executing value-creating methods, optimizing capital buildings, and driving margin enchancment. We’re wanting ahead to him constructing on our tradition of success, trade management, and best-in-class finance workforce, particularly as we advance commercialization methods round ATSC 3.0 and proceed to ship long-term worth for our stakeholders.”
Sahai holds a Bachelor of Engineering in Electronics and Electrical Communication Engineering, graduating as valedictorian from Thapar College in India, and a Grasp of Enterprise Administration with Excessive Distinction from the Ross College of Enterprise on the College of Michigan, Ann Arbor. Sahai can be a CFA® Charterholder.
“I’m honored to hitch Sinclair throughout such an thrilling interval of transformation and progress,” mentioned Sahai. “Having labored throughout numerous industries-from automotive and vitality to client and technology-I’ve a deep appreciation for corporations which can be efficiently reworking themselves whereas sustaining robust operational self-discipline. Sinclair’s distinctive place on the intersection of native media, sports activities, and rising expertise creates super alternatives. From the corporate’s management place in native broadcasting, mixed with its pioneering work in ATSC 3.0 expertise, the energy of Tennis Channel, and modern ventures portfolio, I see vital potential to drive worth creation for all stakeholders. I look ahead to working with Chris, the Board, and your entire workforce to execute on Sinclair’s strategic imaginative and prescient whereas sustaining the robust monetary self-discipline that has positioned the corporate for achievement.”
