Nine Entertainment Co. CEO Hugh Marks announced his resignation over the weekend after five years in the role.
According to the formal announcement lodged on the Asx today, Marks intends to step down during the second half of the 20-2021 financial year and will actively continue as CEO during the recruitment of his replacement.
“When I was appointed CEO five years ago, my brief was to lead the transformation of what was then a television business, to a digitally-based media company. We have achieved so much in that time frame. Bringing together three legacy media businesses, each with their own structural challenges, and investing in the assets that will ensure our position at the forefront of Australia’s media future,” Marks said in the statement.
“Nine’s suite of assets today – with Stan, 9Now and Domain, complementing our core broadcast and publishing businesses – is second to none in Australia. With...
According to the formal announcement lodged on the Asx today, Marks intends to step down during the second half of the 20-2021 financial year and will actively continue as CEO during the recruitment of his replacement.
“When I was appointed CEO five years ago, my brief was to lead the transformation of what was then a television business, to a digitally-based media company. We have achieved so much in that time frame. Bringing together three legacy media businesses, each with their own structural challenges, and investing in the assets that will ensure our position at the forefront of Australia’s media future,” Marks said in the statement.
“Nine’s suite of assets today – with Stan, 9Now and Domain, complementing our core broadcast and publishing businesses – is second to none in Australia. With...
- 11/16/2020
- by Jackie Keast
- IF.com.au
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