Macquarie confirms new MD

Following yesterdays story (here) on the appointment of David Kidd as 2GB Program Director, and Rob Loewenthal as Managing Director of Macquarie, Loewenthal's appointment has been formally announced by the company.

Announcing Loewenthal's new role today, Macquarie Chairman Russell Tate (pictured) said:

"Rob is an exceptional executive and in the three years I have worked with him, he has continued to demonstrate remarkable leadership qualities to compliment (sic) his financial expertise"

"As we consolidate our position as Sydney's number one radio station and continue to expand and invest in new opportunities, Rob's role will be key to the future growth of MRN"

Loewenthal said: "This is a particularly exciting time for MRN. I look forward to harnessing the opportunities, the energy and the passion to drive innovation and growth right through the business"

In addition to announcing the new Managing Director, Russell Tate also announced the appointment of Jack Singleton and Kate Thompson to the Macquarie Board.