10-25-2020 Women to Watch - Flipbook - Page 10
PHOTO BY LLOYD FOX
LUCY MOTSAY RUTISHAUSER
56, chief nancial ofcer,
Sinclair Broadcast Group
Lucy Motsay Rutishauser played a pivotal role
in the largest acquisition ever for Sinclair Broadcast Group.
Sinclair, a news producer and one of the nation’s largest TV broadcasters, pushed into sports
programming in a big way last year, buying 21
regional sports networks and Fox College Sports
from the Walt Disney Co. for $10.6 billion.
Rutishauser led the effort to raise billions of
dollars for the deal in one of the largest debt offerings in the country. She needed to justify the news
broadcaster’s big bet on sports, a step toward becoming a diversied media company amid growing competition.
WO M E N T O WAT C H
“It put us squarely into a new footprint outside of broadcast,” Rutishauser said. “We know the
news and sports content genres have been growing consistently over the past ve years.”
It was a natural role for Rutishauser, one of
eight siblings who grew up in Baltimore’s Hamilton neighborhood and who all pursued professional careers. A University of Baltimore MBA graduate, she has worked a series of corporate treasury
jobs at Black & Decker, Laura Ashley, Integrated
Health Services and other rms.
“Go out there and forge a path, make a difference,” Rutishauser said her father used to say.
“That’s been what has guided me over time.”
In 1998, she read about growth of the familyowned-turned-publicly-owned broadcaster in
Hunt Valley and called seeking an assistant treasurer position. There was no such job, but Sinclair
created it for her. She became treasurer and also
headed investor relations.
When then-CFO Chris Ripley became Sinclair’s
president and CEO in 2017, Rutishauser stood out:
hard working, detail-oriented, thorough and “wickedly smart,” an obvious choice to replace him, Ripley said.
“She’s very rm,” Ripley said. “She doesn’t wafe on things, so she’s very good at negotiating, very
decisive and that’s helpful when you’re trying to
drive a deal.”
As one of the few female CFOs among Fortune
500 companies, where Sinclair expects to land this
year, “I ask a lot of questions,” Rutishauser said. “I
want to understand how other people think and
how they approach problems, while continuing to
— Lorraine Mirabella