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

 


MediaWorks appoints new Group Chief Executive

MediaWorks appoints new Group Chief Executive


MediaWorks is pleased to announce the appointment of Mark Weldon as Group Chief Executive.

Weldon is the former CEO of the New Zealand Stock Exchange, and led the NZX through its formative MediaWorks Chairman Rod McGeoch says the Board is delighted to have attracted someone of Mark’s capability.

“Mark brings his tremendous talents as both leader and innovator and he has an enormous passion for New Zealand Inc. Obviously candidates of Mark’s calibre are rare on the ground and to be able to secure Mark for the role is a huge coup for MediaWorks.”

McGeoch says MediaWorks has emerged from receivership sooner and in better shape than initially anticipated.

“The future of the television and radio markets continues to look bright. Our aim is to grow market share and continue to build the most vibrant, entrepreneurial and spirited organisation that is a real favourite of all New Zealanders.”

“I have followed the business with interest and for me this was a quick decision,” says Weldon. “There is a talented and commercial board in place and I am completely aligned with them on the mission and opportunity. I am very pleased to be taking over such a healthy organisation with a great team in place and a dynamic future ahead of it.”

Weldon’s skills round out a strong existing executive team McGeoch says. “We have an executive team in place that has the media experience we need. The Group CEO appointment will complement existing skills, focussing on a strategy to offensively pursue growth.

“The future of MediaWorks is in our people and our content - if we produce and acquire great content, and combine this with stellar talent, we will continuously innovate and adapt to find ways to get content into the hands of consumers, and therefore create compelling solutions that build our advertisers’ businesses,” says McGeoch.

Weldon says he is looking forward to the challenge.

“MediaWorks is an important organisation in the landscape of New Zealand, touching millions of New Zealanders every day, whether via TV, radio or content on demand. I’m very fortunate to have the opportunity to lead such an organisation. I have an immense amount of respect for what Sussan Turner has achieved under her leadership and am very pleased to be taking over such a healthy organisation with a great team in place and a dynamic future ahead of it,” says Weldon.

"I have a deep interest in content, technology, and all things New Zealand, and I feel fully energized by the opportunity. MediaWorks owns an incredibly exciting set of businesses, with some great talent, and a strong position in a rapidly evolving environment where new competitors are continuing to emerge.

For me the role offers the chance to be a key shaper of its future. I’m very excited to be a part of that, and work with the team to develop a strategy to lead the change and for MediaWorks to achieve its potential."

Currently, Weldon owns and runs Terra Sancta, a central Otago winery, in conjunction with his wife and business partner, Sarah Eliott. Eliott and the team of viticulturists and winemakers that they have established will continue to run the award winning venture. “We have an outstanding team and they’ve
made me obsolete!” Weldon says.

Weldon starts at MediaWorks on August 11. Outgoing CEO Sussan Turner will finish with the company on August 15.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Housing: Affordability Drops 14%, Driven By Auckland Prices

Housing affordability across New Zealand fell 14 percent in the year ending November 2014, with Auckland’s lack of affordability set to reach levels it hit during the height of the global financial crisis, according to the latest Massey University Home Affordability Report More>>

ALSO:

The Dry: Fonterra Drops Forecast Milk Volumes By 3.3 Percent

Fonterra Cooperative Group, the worlds largest dairy exporter, reduced its milk volume forecast for the 2014-2015 season by 3.3 per cent due to the impact of dry weather on production in recent weeks. More>>

ALSO:

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news