Sinclair CFO Transition Finalized as Lucy Rutishauser Retires
The former finance chief will remain involved with the company through a strategic advisory agreement.
October 02, 2025
Lucy Rutishauser Retires as CFO, Begins Two-Year Advisory Role
Sinclair has wrapped up its planned CFO transition. As of October 1, 2025, Lucy Rutishauser has officially retired from the company. The change was first set in motion this past July, when Rutishauser stepped down as Chief Financial Officer and began supporting incoming CFO Narinder Sahai through the transition.
Although no longer an employee, Rutishauser will stay engaged in a new capacity. Through a two-year consulting agreement, she’ll provide strategic guidance to Sinclair on an as-needed basis. The terms guarantee a minimum of eight hours per week, with compensation set at $593.75 per hour for work performed.
Her continued involvement also includes extended health insurance support. If she chooses to maintain COBRA coverage through Sinclair, the company will either cover the cost directly or reimburse her for any expenses incurred—including related taxes. This arrangement lasts through April 1, 2027.
If her consulting work continues beyond that date, Sinclair will still cover equivalent coverage costs, keeping the financial burden comparable to what she would have paid as an employee.
As part of this transition, Sinclair and Rutishauser have also updated the terms of her stock appreciation rights. For qualifying departures, the exercise window on those awards will now remain open through their original 10-year expiration dates.
These updates will be formally detailed in Sinclair’s next quarterly report, covering the period ending September 30, 2025. Together, they mark a seamless close to Rutishauser’s executive tenure—and a structured handoff to the next phase of Sinclair’s finance leadership.
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