Management expert hired to Sky Network TV as CFO

Company News

by Jessica Amir

New Zealand pay television satellite provider, Sky Network Television (ASX:SKT) appointed Blair Woodbury as its Chief Financial Officer.

Blair was instrumental in spinning out Chorus (ASX:CNU) from Spark NZ (ASX:SPK). Blair Woodbury will kick off the new role, with the dual listed company on 19 June 2019.

Blair Woodbury has been with global management consulting company, McKinsey & Company, since 2016, where helped NZ and overseas businesses bolster their performance

He has experience working with New Zealand’s largest organisations, leading change programmes that boosted both brand and performance.

Prior to his appointment at Sky Network TV, Deloitte Partner Andrew Dick has been acting as interim CFO.

Shares in Sky Network Television (ASX:SKT) closed 0.44 per cent lower at $1.14 yesterday. Year-to-date its trading 36 per cent lower.

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.