Updated: Southern Cross Austereo starts hunt for new CEO as Rhys Holleran quits
Holleran
High profile media exec Rhys Holleran is quitting as CEO of TV and radio group Southern Cross Austereo (SCA) in July following a turbulent 18 months, it has been announced.
Chairman Peter Bush will fill in for Holleran in the role of executive chairman while the company hunts for a new chief executive with a “long term leadership commitment” to the company, but told Mumbrella it would not be looking outside Australia to fill the vacancy initially, but would look at executives outside of media companies.
SCA owns regional TV broadcasters and radio networks Hit and Triple M, and has been at the centre of continuing speculation about a takeover from Nine Entertainment Co.
Nice work Sca. The healing can begin
c’mon. there are 3 more that are just as responsible for the demise of the company and everyone knows who there are.
to run a company into the ground takes more than just one man. who else will ‘resign’
Shane you sound like you’ve been there done that.
Very insightful indeed.
“he pointed to the death of nurse Jacintha Saldanha as the most challenign “personal crisis”, saying the company had come through it “as really a better organisation”.
It’s a pretty sad state of affairs when the needless death of an innocent person as a direct result of this company’s unethical culture is required for the company to be “a better organisation”.
Hire a young gun who will get it done.