Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Ian Fraser’s Resignation

Ian Fraser’s Resignation

“I can confirm that I told the Chairman of TVNZ on Friday that I intended to resign my position as Chief Executive.

“The situation facing me at the end of last week was one that would have prompted any Chief Executive in my shoes to walk away.

“I should make it clear that this is not about the TVNZ Board losing confidence in its Chief Executive. The Chairman of the company has reinforced this in his statement to the weekend newspapers. It’s about the fact that I have lost confidence in my Board.

“The Board of TVNZ is politically appointed. That makes it even more critical than it would be for a commercial board to stand well back from the day to day running of TVNZ, particularly our News and Current Affairs operation.

“The team at TVNZ is strong and competent and committed to the company’s success both in delivering the Charter and a healthy bottom line. I’ve loved working with them. And I’ve loved the job.

“I have made sure that the Chairman knows that I’m ready and willing to stay at the helm of TVNZ while transitional arrangements are put in place. That’s his call.”

Ends

Ian Fraser

About TVNZ

TVNZ is New Zealand’s largest, free to air broadcaster and the nation’s television public service broadcaster, operating two channels, TV ONE and TV2.

86% of New Zealanders watch TVNZ each week. TVNZ has 68.5% share of the total free to air market and a 58% share of the total television market.*

Approximately 90% of our revenue comes from commercial sources - the biggest being advertising revenue. 10% of our revenue comes from public sources** including direct Charter Specific Government funding.

To find out more about us log onto www.corporate.tvnz.co.nz

* In peak time over the last 12 months. Viewers 5+

** includes direct New Zealand on Air funding and Te Mangai Paho

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news