Sinclair appoints Narinder Sahai as CFO effective immediately

Sinclair Inc. (NASDAQ: SBGI) announced the appointment of Narinder Sahai as Executive Vice President and Chief Financial Officer, effective immediately.

Sahai brings more than two decades of financial leadership experience across publicly traded and private-equity-backed companies. He previously served as CFO at Arcis, a leisure and hospitality operator, where he led financial planning, accounting, tax, treasury and debt investor relations.

Prior to Arcis, Sahai was CFO of RumbleOn, Inc., a publicly-traded technology-driven omnichannel powersports platform. At Amazon Web Services, he served as Head of Worldwide Go-to-Market Finance for Compute and AI/Machine Learning services. He also held the position of Senior Vice President, Treasurer and Investor Relations at Target Hospitality Corp.

Earlier in his career, Sahai spent nearly a decade at FMC Technologies, Inc. and TechnipFMC plc in progressive finance leadership roles. He also worked at Delphi Corporation in various finance positions.

"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.

Sahai holds a Bachelor of Engineering in Electronics and Electrical Communication Engineering from Thapar University in India and a Master of Business Administration with High Distinction from the Ross School of Business at the University of Michigan. He is also a CFA Charterholder.

With this appointment, Lucy Rutishauser will step down as Chief Financial Officer and continue as Executive Vice President to support the transition. She will remain in that capacity until her planned retirement later this year, when she will assume the role of Senior Advisor.

Sinclair is a diversified media company that owns, operates and provides services to 185 television stations in 85 markets, according to the company's press release.

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