4 media executives will seem in entrance of 9 Leisure Co’s board of administrators this week because the search to exchange outgoing chief government Hugh Marks nears its finish.
Trade sources accustomed to the hiring course of stated Stan boss Mike Sneesby and 9 publishing and chief digital officer Chris Janz had been the two internal candidates within the operating to exchange Mr Marks. Two exterior media executives are additionally in rivalry for the position to guide 9, which owns tv, radio, on-line streaming, actual property and publishing property, together with The Sydney Morning Herald and The Age.
The sources stated the 2 different candidates are Carl Fennessy, the previous joint-CEO of main manufacturing home Endemol Shine Australia, and David Lynn, the previous president and CEO of ViacomCBS Networks who left the corporate late final 12 months after 24 years.
Mr Sneesby has run Stan since its launch in 2014 and has constructed the streaming service to what traders contemplate a market worth of $1 billion. Mr Janz was appointed to his position after the merger of Fairfax Media and 9 in late 2018 and is at present answerable for greater than 25 per cent of 9’s working earnings.