oOh!media (ASX:OML) CEO and MD Brendan Cook to step down

Company News

by Rachael Jones

oOh!media (ASX:OML) today announced Managing Director and CEO Brendon Cook will step down this year.

He will remain as MD and CEO and on the Board until a replacement is found.

Having founded oOh! in 1989, he successfully led oOh!’s diversification strategy to build a data-centric, scalable multiformat business across billboards, retail, office buildings, street furniture, rail, universities, cafes and airports which leads the Australian and New Zealand markets.

The Company confirms its upgraded FY19 Underlying EBITDA earnings guidance issued on 3 December 2019 to be towards the lower end of the $138 million to $143 million range.

Shares in oOh!media (ASX:OML) are trading 6.7 per cent lower at $3.36.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.