Jack Matthews and Allan Browne to depart as Fairfax restructures

Jack MatthewsFairfax Metro CEO Jack Matthews and Fairfax Regional Media’s CEO Allan Browne are to depart the company following a major restructure of Fairfax, which will see the company move all its newspaper assets into one division.

The restructure will see Fairfax reorganised into five corporate divisions, with the company to bring together its metro division, which publishes The Sydney Morning Herald and The Age, with The Financial Review Group, Fairfax Regional Media and Fairfax’s agricultural and local newspapers into one single division called Australian Publishing Media.

The other divisions include: a separate arm for the print and digital assets of Domain, Digital Venture which will include Fairfax sites like RSVP and Stayz, while Fairfax Radio and Fairfax New Zealand remain unchanged from the previous structure.

Allen Williams, the current CEO of Fairfax New Zealand will take over in the newly created role of managing director of Australian Publishing Media.

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