Peter Tonagh will replace Catherine West as Nine Entertainment’s chair. Credit: Rhett Wyman
West said on Thursday that she was “proud to have successfully led the company through a transformational period”, finding that a refreshed executive team and operating model had positioned the company for “growth and the creation of shareholder value”.
Tonagh, a respected veteran of the media industry in Australia joined Nine just weeks after resigning as deputy chair of the ABC in December. He is chair of data, AI and analytics firm Quantium, and has been chief executive of News Corp, Foxtel and interim boss of News Corp-owned property portal REA Group.
“On behalf of the board, I thank Catherine for her leadership, guidance and commitment to Nine, which have been instrumental in positioning the company for sustainable success,” Tonagh said.
“I will be working closely with the board and management to drive value for all shareholders over the long term.”
In a message to Nine employees, Stanton described West as a “dedicated and passionate advocate” who helped to accelerate “our cultural and strategic transformation”.
“It goes without saying that all of us at Nine wish Catherine all the best for the future and thank her for her time on the board,” Stanton wrote.
Stanton was pleased Nine could have a smooth chair transition, unlike last time which was “not so smooth”, he said in a staff update on Thursday morning.
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