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By Adwitiya Srivastava
(Reuters) - Australian broadcaster Nine Entertainment said on Thursday Chief Executive Officer Mike Sneesby would step down with effect from Sept. 30 and that chief finance and strategy officer Matt Stanton would take over on an interim basis.
Shares of the company fell as much as 4.4% to their lowest level since April 27, 2020 and were among the top losers on the benchmark stock index, which was up 0.6% as of 1237 GMT.
Stanton, who was appointed as Nine's chief finance...
>>> Read more: Australia's Nine Entertainment CEO Mike Sneesby to step down
(Reuters) - Australian broadcaster Nine Entertainment said on Thursday Chief Executive Officer Mike Sneesby would step down with effect from Sept. 30 and that chief finance and strategy officer Matt Stanton would take over on an interim basis.
Shares of the company fell as much as 4.4% to their lowest level since April 27, 2020 and were among the top losers on the benchmark stock index, which was up 0.6% as of 1237 GMT.
Stanton, who was appointed as Nine's chief finance...
>>> Read more: Australia's Nine Entertainment CEO Mike Sneesby to step down
