Exactus, Inc. announced that on January 22, 2021, Larry Wert was appointed to the position of Executive Chairman of Board of Directors. Mr. Wert has served as a member of Board of Directors since April 29, 2020. Mr. Wert has over 40 years in broadcasting. He served as the President of Broadcast Media for Tribune Media Company from 2013 (post bankruptcy) through September of 2019. He was responsible for overseeing the strategy and day-to-day activities of Tribune Media Company’s forty-two owned or operated television stations, their related websites, digital properties and helped navigate TRCO M&A. Wert previously served on the NAB TV Board of Directors, Fox Board and the CBS Board of Governors. Prior to his time at Tribune Media, Mr. Wert served from 1998 until 2013 as the President and General Manager of WMAQ-TV, and other leadership roles at NBC Universal. Mr. On January 22, 2021, Board of Directors formed a Strategic Alternatives Committee, for the purpose of evaluating potential acquisitions, mergers, and other strategic business combinations for the company. The new committee consists of Directors Larry Wert and Julian Pittam, with Mr. Wert serving as its chairman.