Mark and Carl Fennessy to remain with Endemol Shine Australia as joint CEOs

Endemol Shine Australia has announced brothers Mark and Carl Fennessy will remain with the group, taking on the joint CEO role despite announcing their intention to depart the group last month.

The pair said in a statement: “Since giving notice we have continued to work through a transition, producing our current slate of shows and assisting with a succession plan. Our pride in the local business coupled with a fierce loyalty towards our talented staff was always going to make departing difficult.

“They say a week’s a long time in television – so after further discussion and consideration we’ve decided to accept the opportunity of managing the merged company. We’re genuinely excited about being part of the next chapter for a combined Australian business within Endemol Shine Group.”

At the end of April Endemol CEO Janeen Faithful announced plans to step down from the role when the merger takes place raising questions around the future of the leadership of the soon to be merged Shine Australia and Endemol production houses.