Sinclair CFO: Narinder Sahai Named EVP & CFO
Sinclair Appoints Narinder Sahai as New CFO, Ushering in Next Phase of Growth
HUNT VALLEY, MD – Sinclair Broadcast Group today announced the appointment of Narinder Sahai as Executive Vice President and Chief Financial Officer, effective immediately. Sahai succeeds lucy Rutishauser, who will retire later this year after a transition period serving as EVP and then as Senior Advisor.
Sahai brings over two decades of financial leadership experience from both publicly traded and private-equity-backed companies. his expertise spans the entire financial spectrum, including capital markets, treasury, controllership, investor relations, mergers and acquisitions, and financial planning & analysis. Notably, Sahai also possesses significant technology acumen, particularly in artificial intelligence and machine learning, cultivated during his tenure at Amazon Web Services (AWS) and underpinned by his academic background in electronics and electrical communication engineering.
Prior to joining Sinclair, Sahai served as CFO of Arcis, a leisure and hospitality operator, overseeing all financial functions. He previously held the CFO position at RumbleOn, inc.
his experience at AWS was pivotal, where he led financial strategy for the Compute and AI/Machine Learning services’ global go-to-market teams.Before AWS, Sahai was Senior Vice President, Treasurer and Investor Relations at Target Hospitality Corp., successfully guiding the company through its initial public offering and securing substantial debt financing.
“Narinder’s proven track record as CFO of both publicly traded and private-equity-backed companies, combined with his operational discipline and strategic financial leadership, makes him exceptionally well-suited to guide Sinclair through its next phase of growth,” said Chris Ripley, President and CEO of Sinclair. “He brings a unique outlook having worked in multiple industries – including cloud and AI-focused companies.Narinder is a proven C-suite leader with a strong history of executing value-creating strategies, optimizing capital structures, and driving margin improvement. We’re looking forward to him building on our culture of success,industry leadership,and best-in-class finance team,especially as we advance commercialization strategies around ATSC 3.0 and continue to deliver long-term value for our stakeholders.”
Sahai’s academic credentials include a Bachelor of Engineering in Electronics and Electrical Communication Engineering from Thapar University in India, where he graduated valedictorian, and a Master of Business Administration with High Distinction from the Ross School of Business at the University of Michigan, Ann Arbor. He is also a CFA® Charterholder.
“I am honored to join Sinclair during such an exciting period of transformation and growth,” said Sahai. “Having worked across diverse industries – from automotive and energy to consumer and technology – I have a deep appreciation for companies that are successfully transforming themselves while maintaining strong operational discipline.Sinclair’s unique position at the intersection of local media, sports, and emerging technology creates tremendous opportunities. From the company’s leadership position in local broadcasting,combined with its pioneering work in ATSC 3.0 technology, the strength of Tennis Channel, and innovative ventures portfolio, I see significant potential to drive value creation for all stakeholders. I look forward to working with Chris, the Board, and the entire team to execute on Sinclair’s strategic vision while maintaining the strong financial discipline that has positioned the company for success.”