Nine CEO Mike Sneesby to step down

Nine Entertainment Co has announced that Mike Sneesby will step down as Chief Executive Officer and as a Director on the Nine Board at the end of this month.

Nine says that following completion of the Olympics and the Paralympics, Mr Sneesby and the Board consider that now is the right time for a transition of leadership.

Chief Finance and Strategy Officer Matt Stanton has been appointed as acting Chief Executive Officer. He will take up the role from the start of next month, while the company undertakes a recruitment process to appoint a new CEO.

Nine Chair Catherine West says “On behalf of the Board, I thank Mike for his significant contribution to Nine over more than a decade. As Chief Executive Officer, his achievements include guiding the company out of the challenging COVID-19 pandemic, securing the rights to the Olympic Games through to 2032 and progressing the strategic and cultural transformation of Nine.”