MediaWorks CEO Exits

AUCKLAND: Sussan Turner is stepping down as CEO of MediaWorks Group, parent company of New Zealand outlets TV3 and FOUR.

Turner has been with the company, which is active in the TV, radio and interactive businesses, for 30 years, guiding it through receivership and debt restructuring last year.

MediaWorks Chair Rod McGeoch noted: "Sussan has successfully navigated the company through one of its most challenging times. We've come out the other side with a restored balance sheet and a stellar trading performance across the group this year."

Turner added: "I have had a wonderful career in the media business. It has been an honor and a privilege to lead MediaWorks. This company is blessed with wonderful staff, who are creative, passionate and determined. I wish them, the shareholders, and the Board all the very best."

A search for a successor is underway.