SYDNEY: Hugh Marks has become the CEO of Nine Entertainment in Australia, replacing David Gyngell, who has stepped down.<\/p>\n
Gyngell will remain on the board of Nine as a non-executive director.<\/p>\n
Marks joined the board of Nine Entertainment Co. in February 2013. He currently owns talent agency RGM Artists, together with ownership and management interests in a number of independent companies producing content for broadcast and pay TV. As a result of this appointment, Hugh will cease his involvement in these other businesses. Marks previously served as an authority member of the Australian Communications and Media Authority (ACMA) for more than two years, following his seven years as CEO of Southern Star Group. Earlier, he worked as Nine Network legal counsel and then as director of Nine Films and Television for seven years.<\/p>\n
NEC\u2019s chairman, David Haslingden, said: \u201cOn behalf of the board, I warmly welcome Hugh to his new role of chief executive officer. His extensive experience in television, coupled with his detailed knowledge of NEC, made him an obvious replacement for David. We look forward to his experience, his leadership and his sure hand in these challenging but exciting times.\u201d<\/p>\n
Haslingden\u00a0continued: \u201cI\u2019d also like to thank David Gyngell for his tireless eight years as CEO of Nine Entertainment Co. He has led the Company through a significant restructuring, whilst remaining an active and inspiring leader on a day-to-day basis. Personally, I am sad to see David stepping down from his active management role; however I am delighted he will be continuing his long association with Nine as a non-executive director.\u201d<\/p>\n
Marks said: “It\u2019s an absolute honor to have this opportunity to work with the diverse group of highly skilled and talented people who contribute to our business each and every day. Together, we can work to enhance the company\u2019s existing brands and to build new ones and lead the innovation of our premium content business. We must maintain a core that remains strong and relevant to audiences and advertisers alike, while we invest in new ideas, new platforms and develop new revenues, becoming more local and driving more Australian content.<\/p>\n
\u201cI come to the business and this role at a time when new platforms and business models for content are achieving reach and scale. It will be a challenge to find the right path but I believe we have the best team, the assets and ideas to do it.”<\/p>\n
Gyngell added: \u201cI have great regard for Hugh Marks. He\u2019s got the experience, he\u2019s got skin in the game, he knows the industry so well and he\u2019s very well regarded. Hugh was an obvious selection as CEO and I believe he\u2019ll do a stellar job. For my part, it\u2019s time. I always say Nine is part of my DNA, and it\u2019s true. From my boyhood alongside my dad, to this day. I love the culture and achievement of this company and I love its people. That won\u2019t change. I will remain on the board, and I\u2019ll be happy to offer a little advice or support when it\u2019s sought. It\u2019s now up to Hugh and the team to run the show, and I confidently wish them the very best.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
SYDNEY: Hugh Marks has become the CEO of Nine Entertainment in Australia, replacing David Gyngell, who has stepped down. Gyngell will remain on the board of Nine as a non-executive director. Marks joined the board of Nine Entertainment Co. in February 2013. He currently owns talent agency RGM Artists, together with ownership and management interests …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[212,153],"class_list":["post-3623","post","type-post","status-publish","format-standard","","category-top-stories","tag-hugh-marks","tag-nine-entertainment"],"yoast_head":"\n