Australia's Nine Entertainment says Peter Costello steps down as chairman

Nine Entertainment Holdings

10/06/2024 05:59

SYDNEY, June 10 (Reuters) - Australian broadcaster Nine
Entertainment Co Holdings Ltd  NEC.AX  said its chairman Peter
Costello resigned on Saturday and has been replaced by non
executive deputy chair Catherine West.
    "Catherine West has been appointed Chair of NEC," the
company said in a June 9 statement.
    "The board wishes to thank Mr Costello for his contribution
to Nine over more than a decade including eight years as
chairman."
    In addition to resigning as chairman, Costello would "also
step down from the board effective immediately", Nine said.
    Costello, Australia's former treasurer, said in a separate
statement issued by Nine that the board needed a new chair to
"unite them around a fresh vision". 
    West was appointed to Nine's board in May 2016 and became
deputy chair in September 2023, according to Nine's corporate
website.

 (Reporting by Sam McKeith in Sydney; Editing by Muralikumar
Anantharaman)
 ((Samuel.McKeith@thomsonreuters.com;))