APN CEO resigns on move to News Corp

Company News

The CEO of APN News and Media Limited (ASX:APN) Micheal Miller has resigned in light of his appointment as Executive Chairman of News Corp Australasia.
The advertising and publishing company says Mr Miller will be replaced by Ciaran Davis, who is currently CEO of the Australian Radio Network. 
The move will be effective from the 1 September. 
The company says Mr Miller will work with Mr Davis to ensure a smooth transition. 
APN reported a net profit of $19.1 million in the 2014 calendar year.

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.