Rhys Holleran Resigns

Staff Writer

Southern Cross Austereo has just announced that CEO Rhys Holleran is departing the company.

Rhys has been the CEO of SCA since 2009. For the moment he is being replaced by Peter Bush as Executive Chairman until a successor is secured.

Peter Bush said: “We are very grateful to Rhys for 18 years as leader of the business in its various forms, and in particular in the last 6 years as CEO of Southern Cross Austereo. In this role he has fostered a cohesive team culture and relationships throughout the organisation”

“However Media is an ever changing and challenging sector, requiring a further long term leadership commitment. Rhys and the board came to the view that a change of leadership is now appropriate for both parties”.

“Rhys has been a firm hand during a period when Southern Cross Austereo has weathered disruptive operational issues, executive change and uncertainty as to the direction of media regulation.”

“He has built an effective executive team, highly recognised national brands and a good platform.”

“As I only joined the Southern Cross Austereo Board in February, I very much appreciate Rhys’ commitment to assisting with a smooth transition over the next few weeks”

“The Board wishes Rhys well for the future”

Mr Holleran said: “I have enjoyed every second of my 18 years at Southern Cross Austereo, principally because of the outstanding individuals I have worked with. To them I say a heartfelt thank you.

“Personally, I am looking forward to some new challenges but assisting Peter with a smooth transition over the coming weeks has my full attention right now,” he said.


The board has appointed Heidrick & Struggles to assist the process of identifying a successor.Rhys will finish with SCA on July 31.




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