Reports David Gyngell to step down with Hugh Marks the frontrunner to replace him

Nine Entertainment boss David Gyngell appears set to end months of speculation about his future, with the CEO expected to shortly confirm he will step down from the role next year.

Gyngell

Gyngell

Speculation about succession has already begun, with The Australian and the Australian Financial Review both reporting today that Nine director Hugh Marks is the frontrunner to replace him.

However it is understood the process is still ongoing, with a decision expected before the Nine annual meeting on November 17.

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