Nine Entertainment CEO Mike Sneesby has announced that he will step down as president of the company at the end of this month.
Sneesby steps down as CEO and member of the board of directors. Chief Financial Officer Matt Stanton is appointed interim CEO.
His departure comes after three and a half years as CEO of the media company.
Sneesby said in a statement released Thursday that it had been a privilege to be in charge but that it was time for new leadership.
“I am extremely proud of the company’s achievements during my time as CEO and would like to thank the Board, the leadership team and everyone at Nine for their support during my tenure,” the outgoing CEO said.
More coming soon.
Channel Nine’s Mike Sneesby (pictured in 2021) has announced he will step down at the end of this month