Southern Cross Austereo CEO Jeff Howard in sudden exit
Howard is gone
Jeff Howard, the boss of the newly merged Southern Cross Austereo and Seven West Media, has suddenly departed the company, the night before he was due to front his first release of ASX results.
The unexpected announcement came in an update after the market closed on Monday night.
John Kelly, who ran SCA until the merger and then stepped down to lead the audio division after the deal completed, has been made interim CEO for TV and radio. New chair Heith Mackay-Cruise – who took over from Kerry Stokes today – will now become interim executive chair, signalling that he will be running the business on a day to day basis.
Guess that means it’s the Seven management team that gets the rissole.
The ultimate indignity – tv company put to the sword by radio. The horror ! The horror !
SBS needs a new CEO…timing seems auspicious