Stuart Sayers to depart Yahoo!7

November 15, 2013 12:08

CEO of Yahoo!7 Stuart Sayers is to depart the joint venture digital company, Mumbrella can reveal.

Sayers will be replaced by Emma Harrington Seven West’s head of data & transaction commercialisation, who will serve as acting managing director while the company searches for a replacement.

Sayers has been in the role since September 2012, but has faced a turbulent year with the withdrawal of group buying website Spreets from the group buying market, the closure of its search business and a $61.5m writedown in the book value of the digital publisher because of the challenging ad market.

Harrington has worked at Yahoo!7 since its inception, most recently as director of strategy. The announcement was made to staff this morning.

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Nic Christensen

Nic Christensen worked for Mumbrella from 2013 to 2016, in roles including deputy editor and media & technology editor. He is former media writer for The Australian and has also worked as a reporter for The Daily Telegraph and senior producer for Radio 2GB.

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