SCA confirm CFO’s departure

Southern Cross Austereo have this morning confirmed to the ASX, under it's disclosure requirements, the departure of new CFO Peter Lewis.

In the statement, CEO Rhys Holleran says:

"Southern Cross Media Group Limited (ASX: SXL) was informed yesterday that Peter Lewis has made the decision to resign from the position of Chief Financial Officer.

Mr Lewis will remain with the Company to agree suitable transition arrangements. SXL is commencing an executive search for a suitable replacement immediately.

SXL CEO Rhys Holleran said, “On behalf of the SCMG Board and Management, I wish Peter well in his future endeavours.”"