Mike Sneesby has announced his resignation as CEO of Nine Entertainment, one of Australia’s largest media groups. The move follows months of turmoil including the passing of a staff no confidence motion against Sneesby and the group’s board of directors.
Sneesby’s departure takes effect from the end of the month. He will be replaced on an acting basis by CFO and chief strategy officer Matt Stanton while a recruitment process is under way.
In a statement made to the Australin Stock Exchange, Sneesby said, “I consider now is the right time for a transition of leadership to
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